Saunders, Real Estate, Hamptons

Hamptons Life

Feb 11, 2019 2:44 PMPublication: The East Hampton Press & The Southampton Press

Dune Road Home Sales Dominate

The manse at 611 Dune Road in Westhampton Beach sold for $6.7 million. COURTESY DOUGLAS ELLIMAN
Feb 11, 2019 2:58 PM

There must be happy real estate agents in Westhampton Beach because there has been a spurt of recent sales in the area, particularly on Dune Road.

Take 611 Dune Road, for example. The 5,069-square-foot home on 1 acre with six bedrooms, six baths and two half baths just closed for $6.7 million. Remarkably, according to the folks at Corcoran, that is over the asking price. The first floor offers an open floor plan with a vaulted foyer and custom woodworking, a gourmet kitchen, living room, dining room and two guest bedrooms, both with en-suite bathrooms. The second floor offers both bay and ocean views, three guest en-suite bedrooms and a master suite complete with full bath and ocean-side balcony. Outside are multiple sitting and deck areas, as well as an oceanside pool. The property boasts 100 feet of ocean frontage.

Down the road, 102 Dune Road has sold for about $6.42 million, according to the Long Island Real Estate Report. There is no residence there, but the sale price seems reasonable when you consider the property consists of 3.18 acres with 400 feet of bay frontage in addition to the ocean being across the way. New owner Joyce DeLucca is the founder, managing principal and chief investment officer of Kingsland Capital Management, an investment firm with $2.1 billion of assets under management. She has had a career on Wall Street spanning more than 25 years in the debt capital markets and is a frequent credit and risk analyst on CNBC and Fox Business News.

Back up the street a bit is 167 Dune Road, which has just been purchased by a limited liability company for $6.3 million. The 3,500-square-foot manse on 1.07 acres has five bedrooms and 6.5 baths. Completed in 2016, we’re told that this top-of-the-line designer-done home includes an oceanside pool, a gym and a walkway to the beach. Sounds good, Mr./Ms. LLC. Makes sure to invite us over when the weather warms.

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