Hamptons Roundup

Brand New Sagaponack Home Last Asking $18M Finds A Buyer

Completed this year by Michael Davis Builders, the 12,000-square-foot brand new mansion at 494 Hedges Lane in south-of-the-highway Sagaponack has gone into contract and is currently pending a sale. The Zillow price history shows that the home originally went on the market for $23.5 million at the end of last year, but that price came down over the next twelve months. The stunning estate offers eight bedrooms, 11 full bathrooms, and three half-baths, set on over 2 acres of land. Features include a finished lower level, walls of glass, 14-foot ceilings in the great room, and a private terrace off the second-level master suite. An elevator services all three levels. Outside, there’s a heated gunite pool, a pool house, an outdoor kitchen, a sunken tennis court, and a covered porch with an outdoor living room, television, and fireplace. Saunders & Associates real estate agents Terry Cohen and Jon Vaccari represented the listing. [Saunders]

Stunning Creekfront Water Mill Home Is Yours For $11M

The stunning home at 55 Brennans Moor in Water Mill has just come on the market for $10.95 million. Sited waterfront on 1.16 acres of land located south of the highway, residents will have 177 feet of water frontage on a creek that leads directly into the desirable Mecox Bay. The house itself spans a comfortable 5,560 square feet in size with seven bedrooms, seven and a half bathrooms, a fireplace in the living room, and a bluestone terrace with a grill outside. The exterior offers a dock on the creek. According to the Zillow price history, the home last sold in 2006 for $4.8 million. Peter Turino from Brown Harris Stevens represents the listing. [Brown Harris Stevens]

Drew Barrymore Becomes A Sagaponack Neighbor

Actress Drew Barrymore has snagged a shingled farmhouse in Sagaponack, reports the New York Post. According to the original report, the home was last for sale for $5.97 million with Chris Burnside from Brown Harris Stevens, although a publicist told the Post that Barrymore was just renting the property. Sotheby’s agent Christina Galesi represents the rental listing. The year-round rental price is $250,000. Built in 1920, the house stands 5,600-square-feet in size on 1.7 acres of land and offers six bedrooms, six bathrooms, a pool, and a pool house for guests or storage. Located south of the highway, Barrymore and her family will be just a mile from the ocean at Town Line Beach, and about 3 miles east of Bridgehampton village shops and restaurants. [New York Post, Sotheby’s]