Real Estate News

Real Estate News / 1398842

Hampton Bays Sees Two Transactions For About $3 Million Each

icon 1 Photo

DCIM100MEDIADJI_0203.JPG

author27east on Nov 27, 2017

We don’t often get to report that the real estate scene in Hampton Bays is hot, but sales information released in the last couple of weeks indicate the hamlet is heating up.

Prospective buyers of 22 North Shore Road were advised to “indulge yourself in this rare, open bay treasure tucked away in Red Cedar Point. This chicly rebuilt, contemporary home is a true art form constructed from exquisite, European materials with details and style set upon endless, intoxicating views on the open bay.” Jane and Robert Matluck could not resist such a siren call, and they purchased the property for a robust $3,020,000.

Inside, a solid walnut door enriched by copper overlay leads to an open floor plan spanning a spacious gourmet kitchen and living and dining areas with towering walls of glass. The master bedroom en suite enjoys its own terrace with equally dramatic views. Three additional main-level bedrooms are each generous in size and appeal. Outdoors, the new owners will no doubt enjoy the hardwood deck and landscaped backyard. The finished basement follows in the same fashion with both media and game rooms. Just shy an acre, the west-facing property neighbors 124 acres of natural preserve and beach frontage. Sounds appealing indeed

The other transaction worth noting in Hampton Bays involves the home of Anthony Scotto, at 11 Mill Pond, which has just sold for $2,962,500. He is the brother of “Good Day New York” anchor Rosanna Scotto and, along with family members he owns the restaurant Fresco by Scotto in Manhattan.

Mr. Scotto had the house built in 2007 and first put it on the market in July 2016 with an asking price of $3,995,000. The house, on 0.83 acre, was last listed for $3,199,000, and apparently dipping under that $3 million mark did the trick. The bayfront, shingle-style house, with oak flooring throughout, features 4 bedrooms and 5 bathrooms. There are water views from just about every angle. The open layout includes a living room with a fireplace, a formal dining room that overlooks a sunroom, and a kitchen with stainless steel appliances and a center island with a cooktop—not at all surprising for a restaurant owner.

You May Also Like:

Bridgehampton Oceanfront Estate Trades in $57M Off-Market Deal

The new owners of the striking modern estate at 125 Mid Ocean Drive in Bridgehampton ... 10 Nov 2025 by Staff Writer

$31.5 Million Sale of East Hampton Oceanfront Estate Marks One of the Year’s Biggest Deals

Nearly two months ago, the estate at 33 Lily Pond Lane in East Hampton closed ... 4 Nov 2025 by Staff Writer

North Fork Real Estate Hits New High With $11.2 Million Cutchogue Sale

The North Fork has done it again. On Thursday, October 30, the $11.2 million sale ... 3 Nov 2025 by Michelle Trauring

Georgica Pond Modern With Storied Past Trades for $22 Million

A minimalist home sitting along the shoreline of Georgica Pond, which was famously at the ... 28 Oct 2025 by Staff Writer

Online Auction To Offer Dozens of Suffolk County Parcels in December

Approximately 100 parcels will be sold to the highest bidder during this year’s Suffolk County ... by Staff Writer

Sagaponack, Water Mill Rank Among Nation’s Priciest Zip Codes

The East End has done it again. According to PropertyShark’s 2025 list of priciest zip ... 21 Oct 2025 by Staff Writer

Waterfront Bay Watch Hotel & Marina Hits the Market for $10.5 Million

Have you ever dreamed of owning a waterfront hotel and marina? Now you can, to ... by Staff Writer

Vacant Water Mill Parcels Move for Over $6 Million

In Water Mill, four subdivided lots totaling 5.8 acres recently sold on September 17 for ... 14 Oct 2025 by Staff Writer

Southampton Waterfront Home Sells for $12 Million After 15 Years off the Market

For the first time in 15 years, the home at 501 Meadow Lane in Southampton ... by Staff Writer

Three Sales Close Within Village Business Districts

Three sales within East Hampton’s and Sag Harbor’s business districts closed last month, according to ... 7 Oct 2025 by Staff Writer