Sagaponack’s Narrow Lane Farm Sells For $12M

Michael and Kerry Gaynor are celebrating the sale of 134 Narrow Lane East in Sagaponack, which closed just this week and was recently voted into the Wall Street Journal’s 2018 “House of The Year” competition from among the 50 “House of the Week” winners. Also celebrating are members of the Equus Foundation, which is receiving 1 percent of the proceeds. This makes for a substantial donation, considering the 2.94-acre horse farm sold for $11,995,000.

Known as Narrow Lane Farm, the 10-building complex includes a brand-new 7,304-square-foot four-bedroom main house, a lifted and fully renovated 2,611-square-foot two-bedroom 1920s farmhouse, a two-car barn-style garage with an apartment and sunken terrace with hot tub below, and five restored, original barns on the parcel in the heart of Sagaponack, adjacent to the Wölffer Estate. One feature is dubbed “Tavern on the Green,” a former farm workshop, which has a black interior color scheme, fireplace, and bar with kegerator and double draft beer tap tower for “memorable entertaining” (which may depend on the amount of beer consumed). The renovated potato barn, which could be reconfigured to house an antique car collection, has a groom’s lounge with full bath, loft sitting area, and three horse stalls. The adjacent handmade, heavy timber, mortise and tenon run-in barn and paddocks with Amish wood fencing add to the equestrian infrastructure for potentially stabling horses on the property. Though not limited to equestrian pursuits, the acre of famed Sagaponack soil ringing the compound could be used for any sort of planting or recreation from hobby farming to winemaking. Flanking the heated saltwater pool is the pool house built from the restored Marconi Barn and the restored 1940s “farm to table” dining barn. The pool house, with powder bath and HVAC, is built from the original Marconi wireless telegraph station that opened on Sagg Main Beach in 1902 and directed rescue traffic from the Titanic. As for living spaces, the compound has a total of seven en-suite bedrooms in the main house, farmhouse, and terrace apartment suite.

Sotheby’s International Realty represented the Gaynors, who originated the Homes for Horses foundation. The buyer’s name has not been revealed—but we’ll keep an eye out for him/her.

As it happened, Narrow Lane Farm is not the only eight-figure sale recently reported in the Village of Sagaponack. Another one was the $10.1 million paid by a limited liability company for 90 Fairfield Pond Lane.

The three-level home, built in 2016 on 1.4 acres, has nearly 10,000 square feet with seven bedrooms and 9.5 baths. An elevator can reach all three levels, while the master bedroom suite is privately nestled in the uppermost level and features stunning views of the expansive rear yard. The main level’s customized kitchen has custom paneled ceilings, custom cabinetry, deluxe Wolf range, and top-of-the-line appliances. The limestone fireplace in the living room and family room will keep any chill away and the dining room is nearly 20 by 17 feet for more formal entertaining. The lower level consists of two en-suite bedrooms, a steam room, a sauna, a gym, a recreation room, a media center and a wine cellar. The expansive rear yard features a heated swimming pool with a built-in spa and tennis and basketball courts. Additional outdoor amenities include a shower, kitchen, and vegetable garden for the inspired chef.

The sellers are Leslie and Michael Adler. The couple attracted some unwelcome notoriety in August 2013 when their Sagaponack manse was the site of a wild party hosted by IvyConnect that had neighbors appalled and left village officials embarrassed for approving a permit for the shindig that got out of control.