Property Showcase: The Gift That Keeps On Giving

Sometimes a house is not just a home.

Sometimes, as broker Gary DePersia of The Corcoran Group discovered, with a house he planned and sold, it’s the gift that keeps on giving.

The 5,000 SF home, originally designed with the late Michael Conroy and built by MKL Construction, stands on an elevated 2.25 acre parcel between ocean and bay in Amagansett North.

Notable for its dramatic kitchen-family room and admirable bedroom layout featuring equal master suites on first and second floors, this Celerie Kemble furnished house came to market during July of the very challenging 2008 market. It went to contract later that year after being listed for only three months.

DePersia realized the broad appeal of the design. Consequently, he convinced two developers he represented to recreate the house on parcels in Wainscott South and Sagaponack North.

Both were wildly successful, with one even selling soon after completion. Says DePersia. “If I built five more variations of this house now, I could sell them all.”

Several years later, the buyer of the original Amagansett house, finding his needs had changed, contacted Gary to put it on the market for sale. Completing the circle, it recently re-sold and closed to buyers who contacted Gary directly from his advertisement.

Truly the gift that kept on giving.