A Broker Turns To Building - 27 East

Real Estate News

Real Estate News / 1409525

A Broker Turns To Building

icon 10 Photos
The house takes advantage of natural light to illuminate spaces. CAREY LONDON

The house takes advantage of natural light to illuminate spaces. CAREY LONDON

Flat screen TVs adorned the walls above nearly every fireplace. CAREY LONDON

Flat screen TVs adorned the walls above nearly every fireplace. CAREY LONDON

The master bath at 60 Herrick Road in Southampton Village.

The master bath at 60 Herrick Road in Southampton Village.

Kerry Delrose poolside design

Kerry Delrose poolside design

Guests gathered around the pool at the open house party for broker Tim Davis's first spec house. CAREY LONDON

Guests gathered around the pool at the open house party for broker Tim Davis's first spec house. CAREY LONDON

Guests gathered around the pool at the open house party for Tim Davis's first spec house. CAREY LONDON

Guests gathered around the pool at the open house party for Tim Davis's first spec house. CAREY LONDON

Corcoran broker Tim Davis hosted an open house party for his first spec house in Southampton Village on September 3. CAREY LONDON

Corcoran broker Tim Davis hosted an open house party for his first spec house in Southampton Village on September 3. CAREY LONDON

A second, more private, jacuzzi with a waterfall is accessible from the pool area via the stairs or from the finished basement. CAREY LONDON

A second, more private, jacuzzi with a waterfall is accessible from the pool area via the stairs or from the finished basement. CAREY LONDON

A second, more private, jacuzzi with a waterfall is accessible from the pool area via the stairs or from the finished basement. CAREY LONDON

A second, more private, jacuzzi with a waterfall is accessible from the pool area via the stairs or from the finished basement. CAREY LONDON

Tim Davis inside his first spec home. CAREY LONDON

Tim Davis inside his first spec home. CAREY LONDON

author on Sep 5, 2015

The building industry in the Hamptons has been seeing some unexpected new players lately—first it was former NHL left wing Sean Avery and now it's luxury real estate broker Tim Davis, who, with help from his son, Jonathan, recently completed his first new build in Southampton Village.Located at 60 Herrick Road, the asking price for the Davis's seven-bed, 9.5-bath traditional is $8.75 million. The Corcoran brokers hosted an open house cocktail party on September 3.

I always wanted to do a project, and I thought that when the right piece of property came along, I would know it and that would be my inspiration to do it," said the senior Davis, who spoke with The Press while standing in the butler's pantry that connects the kitchen to the formal dining room.

When this corner property became available, the entry for the original house was on James Street. "I thought, 'You know what, if I could come in on Herrick Road, and develop this property north to south, have a southern exposure … I could really make something special,'" said the broker, who checked with the village about whether that was possible. It was, and he bought the property for $2.55 million in 2013.

Mr. Davis assembled a team of professionals he has worked with during his more than 30 years in real estate, including architect Brian Brady, interior designer John Bjornen, kitchen and bath designer Peggy Fruin, and landscape designer Joseph Cornetta.

The home was leveled, and they worked on the property from the outside in, starting with the perimeter, where Mr. Davis bought and planted 144 18-foot arborvitae. "I didn’t want the neighbors to feel like we were building something too big; I didn’t want them to feel like they were going to be impacted by what was going to be built here," he explained.

Set on one-half acre, the 6,500-square-foot home has a finished basement slated for a media room and a modestly-sized gym with a nearby steam shower. Just outside the workout room sits a private hot tub with a waterfall that will eventually be accompanied by an outdoor television affixed to a wall. A stairwell from the Jacuzzi leads up to the backyard featuring the pool and attached spa bath as well as a pool house.

"I wanted a basement in the pool house for pool equipment, so if you’re lying by the pool you don’t hear the filter," said Mr. Davis, adding that it will spare the neighbors as well from having to listen to the droning machinery.

Two years after going into contract, Mr. Davis and his son put the home on the market, and it may be just the beginning.

"I think if I find another piece of property that speaks to me the way this one does, yes, I’ll do another project," said Mr. Davis. "I’m not necessarily going to develop a building brand for my business, but I will take on another project, probably within the next 12 months, and maybe every couple of years bring something to the market."

"

You May Also Like:

Agency News: Dominic Couzens Joins Eklund | Gomes Team

The Eklund | Gomes Team at Douglas Elliman is growing its Hamptons division with the ... 1 May 2024 by Staff Writer

Southampton Town Board Hears Report on Tax Assessment Status

Though no action is imminent, the Southampton Town Board heard an update on a potential ... 24 Apr 2024 by Christopher Walsh

REI Presents ‘Long Island Zoning Atlas – A Map to Fix LI’s Housing Crisis?’ on May 3

The Real Estate Institute at Stony Brook University College of Business will present its spring luncheon, titled “Long Island Zoning Atlas – A Map to Fix LI’s Housing Crisis?” on Friday, May 3, at the Hilton Garden Inn on the Stony Brook University campus. The discussion on Long Island’s zoning policies and their potential impact on the region’s housing crisis will include panelists Gwen O’Shea, the president and CEO of Community Development Corp. of Long Island; Michael Florio, the CEO of Long Island Builders Institute; and Stephen Romalewski, a professor at CUNY Graduate Center. David Pennetta, the executive managing director ... by Staff Writer

Tips for Avoiding Rental Scams

Rental scams are pervasive, targeting both those seeking permanent housing and those seeking a quick getaway or seasonal lease. To help prospective tenants avoid falling prey to scams, the New York Department of State’s Division of Consumer Protection is calling attention to common rental scams. The main takeaway is this: Avoid sending money for rental properties without first verifying the legitimacy of the listing. In 2023, the FBI received 9,521 real estate/rental scam related complaints with losses of over $145 million. “In today’s highly competitive housing market, renters are often targeted by scammers who use enticing offers to steal their ... by Staff Writer

Agency News: Alexis Meadows Joins Michael Lorber Team at Douglas Elliman

Alexis Meadows has joined the Michael Lorber Team, a top-ranking real estate team at Douglas ... 22 Apr 2024 by Staff Writer

Waterview Water Mill Shingle-Style Homes Sells for $11.38 Million

A Water Mill home with a view of Burnett Creek and a dock for access ... 17 Apr 2024 by Staff Writer

Sagaponack New Construction Designed by McDonough & Conroy Sells for $6 Million

A new 8,000-square-foot home in Sagaponack has sold for $6 million preconstruction. On 3.13 acres ... 9 Apr 2024 by Staff Writer

New Book Shows Long Island’s Past With Glimpses of Future

“Making Long Island: A History of Growth and the American Dream,” by Lawrence R. Samuel ... 5 Apr 2024 by Joseph Finora

Good Things Come in Small Packages

While large houses offer more space to spread out in, a new home in East ... 3 Apr 2024 by Brendan J. O’Reilly

Culloden Point Waterfront Home Sells for $12.5 Million

On Montauk’s Culloden Point and fronting Fort Pond Bay, the home at 8 Captain Balfour ... by Staff Writer