Michael Davis-Designed Sagaponack Home Sells For $16.5M - 27 East

Real Estate News

Real Estate News / 1687451

Michael Davis-Designed Sagaponack Home Sells For $16.5M

icon 1 Video & 7 Photos

494 Hedges Lane, Sagaponack. COURTEST SAUNDERS & ASSOCIATES

494 Hedges Lane, Sagaponack. COURTEST SAUNDERS & ASSOCIATES

494 Hedges Lane, Sagaponack. COURTEST SAUNDERS & ASSOCIATES

494 Hedges Lane, Sagaponack. COURTEST SAUNDERS & ASSOCIATES

494 Hedges Lane, Sagaponack. COURTEST SAUNDERS & ASSOCIATES

494 Hedges Lane, Sagaponack. COURTEST SAUNDERS & ASSOCIATES

494 Hedges Lane, Sagaponack. COURTEST SAUNDERS & ASSOCIATES

494 Hedges Lane, Sagaponack. COURTEST SAUNDERS & ASSOCIATES

494 Hedges Lane, Sagaponack. COURTEST SAUNDERS & ASSOCIATES

494 Hedges Lane, Sagaponack. COURTEST SAUNDERS & ASSOCIATES

494 Hedges Lane, Sagaponack. COURTEST SAUNDERS & ASSOCIATES

494 Hedges Lane, Sagaponack. COURTEST SAUNDERS & ASSOCIATES

494 Hedges Lane, Sagaponack. COURTEST SAUNDERS & ASSOCIATES

494 Hedges Lane, Sagaponack. COURTEST SAUNDERS & ASSOCIATES

authorStaff Writer on Mar 15, 2020

A new home in Sagaponack Village by Michael Davis Design & Construction has sold for $16.5 million.

Completed last year, the transitional home with colonial and shingle-style influences and low-sloped roofs has distinctive blue-trimmed windows and portico. It is 7,600 square feet with an additional 4,400 square feet in the lower level, and has eight en-suite bedrooms, plus a flex room.

At 494 Hedges Lane, the 2.3 private acres is set back from the street and boasts a 60-foot pool and spa, a pergola, a pool house and a sunken tennis court.

The residence’s main level has a curving staircase in the foyer, great room with 14-foot ceilings, paneled walls and exposed beams, a den with a wet bar and wine storage, a chef’s kitchen, a breakfast room and a junior master bedroom.

A three-car garage is attached through a mudroom, and barn doors allow the garage to be converted into an indoor-outdoor party area.

The main house’s upstairs is where the master suite can be found down a private hall, with a terrace, walk-in closets and his-and-hers bathrooms.

All three levels are served by an elevator, and a laundry chute is accessible in the upper level and kitchen.

To the rear of the main house are walls of glass to invite the outdoors inside, and a covered porch provides an outdoor living room with a television and fireplace. The pool house is an open-air structure with a wet bar and storage.

It had been listed for $17.9 million.

The buyers are Christina and Barry Kringstein, according to The Real Estate Report Inc. Just last year, the Barry Kringstein Trust sold 10 Danielles Way in Water Mill — a 1.72-acre property with a 6,100-square-foot gambrel-style residence with golf course views and bordering a horse farm — for $5.25 million.

You May Also Like:

Drew Barrymore Lists Sagaponack Home in Renovated Barn

Actress, film producer and talk show host Drew Barrymore has listed her Sagaponack residence, a ... 13 May 2024 by Staff Writer

Nearly 30-Acre Estate by Atterbury and Olmsted Offered at $30 Million

A 28.4-acre compound in Shinnecock Hills by architect and urban planner Grosvenor Atterbury with grounds ... by Staff Writer

Hamptons Homeowners Forum Will Tackle Land Use and Construction

The Hamptons Homeowners Forum, hosted by Douglas Elliman associate broker Patrick Mclaughlin, returns to LTV Studios in Wainscott on Wednesday, May 15, and this time, the topic is “Navigating Land Use and Construction.” The discussion will cover a range of topics including land clearing, legal expansion, wetland easements, border disputes and understanding zoning. The panel will include land use attorney and Sag Harbor Village Associate Justice Carl Benincasa, Saskas Surveying Company President David Saskas, Telemark Inc. Vice President and East Hampton Town Zoning Board of Appeals Chair Roy Dalene and En-Consultants land management specialist Susanna F. Herrman. The event begins ... 7 May 2024 by Staff Writer

U.S. General Services Administration Auctions Fishers Island Waterfront House

The U.S. General Services Administration is auctioning former Coast Guard housing on Fishers Island. The ... 6 May 2024 by Staff Writer

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