‘Summer House’ Finds A Buyer

We’re overdue to check in on real estate activity in the Village of Southampton, and now we’re just in time to report on a whopper.

The folks at Behind the Hedges are reporting that 6 Olde Towne Lane is in contract. The buyer and final sale price are unknown, but we can tell you the 3.84-acre property called “Summer House” was on the market for $34.95 million.

The residential compound consists of a generous 23,000 square feet with nine bedrooms and 13.5 baths. The main house comprises approximately 16,000 square feet with nine en-suite bedrooms of which two are true master suites, 10 full and three half-baths, a second-floor master suite with bath, three full staircases, an elevator, six fireplaces, both professional chef and traditional kitchens, a great room, a breakfast room, a den, a library, and an extensive loggia with retractable automatic screens. Additional square footage awaits in the lower level that features a theater, gym, basketball court, spa area with juice bar, full bath, sauna, and steam and massage rooms as well as entertainment lounge with full bar. The staff quarters feature a full kitchen, sitting room, two bedrooms each with baths en-suite, and an outdoor terrace with dining areas. The third floor includes storage and a formal staircase up to a rooftop putting green where views over the village await. The pool house features a lounge, kitchenette, two full baths, and changing room. A canopy veils the pool house terrace providing shade for dining or relaxation. The grounds offer automated security gates that open to reveal a manicured, meticulous landscape bordered by a privet hedge. A swimming pool with extensive sun-shelves for chaise lounges and a spa sit directly off the pool house terrace. Terraced entertaining spaces are set in and among vivid garden beds and open, level lawn area. A sunken, walled, and seated gas fire pit and sunken tennis court complete with decorative lattice fencing and a pergola covered viewing area augment the exterior amenities.

Tim Davis and Gary DePersia represented Kean Development Company for Corcoran. Mr. DePersia brought the buyer.

We have another eight-figure sale in Southampton to offer—111 Pheasant Lane, purchased by a limited liability company for $11.25 million, according to the Long Island Real Estate Report.

The 4,879-square-foot house on 1.92 acres in the prestigious Murray Compound has five bedrooms and six baths and adheres to the elegant shingled cottage-style of old Southampton. There is a living room with a fireplace and glass doors to the west deck, a formal dining room with a fireplace, a mahogany-paneled library with a fireplace, and an eat-in kitchen with custom-made cabinetry, commercial grade appliances, and stone counters. Adjacent to the kitchen is a screened porch that overlooks gardens and pool, and a deck has views of Wickapogue Pond. There is a heated pool surrounded by a brick patio and a pergola-covered lounge area at one end, a detached two-car garage, a sunken tennis court, and deeded access to a private ocean beach.

Wait, one more! Lisa Lee and Xiaotong Zhou are the new owners of 75 First Neck Lane after paying—apparently, with some haggling—$10,614,000, according to the Long Island Real Estate Report. Mr. Davis represented the seller.

The 9,500-square-foot dwelling on an even 2 acres has 10 bedrooms and 10.5 baths. The residence was originally built in 1895 and completely renovated in 2002 and again in 2007. The floor plan includes a large foyer opening to the formal living room with a fireplace, a sunroom that leads to an awning-covered patio, a paneled dining room, a butler’s pantry, a large eat-in gourmet kitchen, a library, and a conservatory that overlooks the lawn and gardens. There is a pool house/garden room with a full bath. The lower level of the main house includes a playroom/gym, wine cellar, and a staff suite. Accessory structures include a pool, tennis court, and a natural gas generator that powers the entire house in case of an occasional blackout or a zombie apocalypse.