Home Sales Heat Up In Sagaponack and Wainscott - 27 East

Real Estate News

Real Estate News / 1396758

Home Sales Heat Up In Sagaponack and Wainscott

icon 3 Photos

author27east on Jun 4, 2018

Two side-by-side South Fork hamlets—yet a town apart—had been a bit quiet real estate-wise, but no more.

Between Sagaponack and Wainscott is the border between the towns of Southampton and East Hampton, and the appeal of their properties to buyers is pretty much identical.

Recently reported was a $15 million sale in Wainscott, as J. Crew Chairman Mickey Drexler unloaded 120 Beach Lane to a limited liability company. Occupying a prime 2.3-acre parcel with 315 feet of ocean frontage and unobstructed views of Wainscott Pond, Douglas Elliman, which brokered the sale said the property “sets a high benchmark in quality oceanfront living and enjoys a blissfully secluded setting at the end of a private drive. It blends traditional features with a smart modern design for a warm, inviting ambiance.” The open floor plan includes 3,500 square feet of living space, double-height ceilings, and large picture windows that enhance the panoramic views. The three bedrooms are all well-proportioned and have access to the outdoors. There is a separate media area and fireplace, plus a gourmet chef’s kitchen that overlooks the pond. The home has an emphasis on alfresco entertaining with wide wraparound decks and a wooded boardwalk that provides direct, private access to the beach.

On the Southampton side, 797 Daniels Lane has changed hands for $12 million. The 2.5-acre lot has deeded ocean access, just 120 yards away. The land accommodates a 7,500-square-foot house, a heated pool, a pool house and a tennis court. The residence contains nine bedrooms and seven baths, some with ocean views from the second floor.

Also in Sagaponack, just sold, for $5,250,000 to the owners of the natural foods company Hain Celestial, Irwin and Daryl Simon, was 116 Farm Court. The 1-acre parcel accommodates a 5,000-square-foot residence with five bedrooms and five baths—don’t forget the powder room. The first-floor master suite has a sitting room and fireplace. The grand foyer opens into a living room with cathedral ceilings and another fireplace. The gourmet eat-in kitchen leads into a formal dining room with views of the adjacent reserve. There is a gym in the finished basement, and outside are a heated in-ground pool, pool house, and expansive bluestone terracing.

You May Also Like:

Quail Ridge Residents Scramble After Apartments Are Purchased for Redevelopment | 27Speaks Podcast

The tenants of Quail Ridge — the two dozen studio and one-bedroom apartments spread over ... 3 Jul 2025 by 27Speaks

Water Mill Property Where Hal Buckner and Dorothy Lichtenstein Left Their Marks Is for Sale

A Water Mill property that hosts a former dairy barn turned artist’s studio and a ... 30 Jun 2025 by Brendan J. O’Reilly

Sundays on the Bay Hits the Market

Sundays on the Bay restaurant and marina on Dune Road in Hampton Bays has hit ... 29 Jun 2025 by Staff Writer

Hamptons Rental Market Remains Alive and Well

To paraphrase Mark Twain, reports of the demise of the Hamptons summer-rental market are greatly exaggerated. “Any hint that the Hamptons rental market is anything but robust is completely wrong,” said Corcoran associate broker Gary DePersia in East Hampton. An interesting dynamic is stirring in the Hamptons vacation-rental market. Although there has been an unprecedented rise in short-term rentals and the aftershocks of the COVID-19 pandemic linger, it has been a bumper crop year for Wall Street, interest rates have remained steady and a new breed of demanding customer is emerging. Despite it all, the Hamptons vacation-rental market remains as ... 19 Jun 2025 by Joseph Finora

Jon Vaccari Joins Noble Black & Partners at Douglas Elliman

Jon Vaccari, a longtime resident of Sag Harbor, has joined Noble Black & Partners at ... 18 Jun 2025 by Staff Writer

Appeals Court Sides With Landowner Over Southampton Village ZBA

Southampton Village has lost an appeal that sought to reinstate a Zoning Board of Appeals ... 12 Jun 2025 by Brendan J. O’Reilly

Last Parcel of Startop Ranch in Montauk Sells

The last plot of land at Startop Ranch in Montauk, 107 Startop Drive, has sold ... by Staff Writer

Hamptons Real Estate Roundtable, Memorial Day Weekend 2025 Edition

With Memorial Day weekend about to kick the Hamptons into high season, The Express News ... 22 May 2025 by Moderated by Brendan J. O’Reilly

Au-Delà Real Estate Vows To Go 'Beyond'

Au-Delà Real Estate, a new boutique real estate firm based in East Hampton, is now ... 20 May 2025 by Brendan J. O’Reilly

AI Helps Rental Seekers Find Homes That Match Their Aesthetic Preferences

Consumers increasingly have an expectation of superior, more personalized service based on their own particular ... by Steven Loeb