Estate In Murray Compound Sells For $10.55 Million - 27 East

Real Estate News

Real Estate News / 1744511

Estate In Murray Compound Sells For $10.55 Million

icon 10 Photos
20 Pheasant Lane, Southampton Village

20 Pheasant Lane, Southampton Village

20 Pheasant Lane, Southampton Village

20 Pheasant Lane, Southampton Village COURTESY CORCORAN

20 Pheasant Lane, Southampton Village

20 Pheasant Lane, Southampton Village COURTESY CORCORAN

20 Pheasant Lane, Southampton Village

20 Pheasant Lane, Southampton Village COURTESY CORCORAN

20 Pheasant Lane, Southampton Village

20 Pheasant Lane, Southampton Village COURTESY CORCORAN

20 Pheasant Lane, Southampton Village

20 Pheasant Lane, Southampton Village COURTESY CORCORAN

20 Pheasant Lane, Southampton Village

20 Pheasant Lane, Southampton Village COURTESY CORCORAN

20 Pheasant Lane, Southampton Village

20 Pheasant Lane, Southampton Village COURTESY CORCORAN

20 Pheasant Lane, Southampton Village

20 Pheasant Lane, Southampton Village COURTESY CORCORAN

20 Pheasant Lane, Southampton Village

20 Pheasant Lane, Southampton Village COURTESY CORCORAN

authorStaff Writer on Dec 21, 2020

An estate in Southampton Village’s fabled Murray Compound with ocean access has sold for $10.55 million, according to The Real Estate Report Inc.

On 2 acres south of the highway at 20 Pheasant Lane, the 8,000-square-foot traditional built in 1987 has eight bedrooms, seven full bathrooms and two half-baths.

“The double-height entry foyer leads one to rooms with large windows and high ceilings,” the listing states. A study/library has a fireplace plus French doors that open to the covered terrace.

An open kitchen with custom cabinetry and high-end appliances is the “heart of this home,” according to the listing. Rounding our the first floor are a living room, a dining room, a powder room and a junior master suite.

The hedged-lined grounds feature a heated pool and a grass tennis court.

Corcoran associate broker Tim Davis had the listing. The sale closed on October 23.

The property last changed hands in November 2018 for $10 million, which means it appreciated more than half a million dollars in less than two years.

The family that gave the Murray Compound its name were the children and grandchildren of the inventor Thomas Murray, a colleague of Thomas Edison, and they helped form the first Southampton summer colony in the late 1800s. Along with the McDonnell branch of the family, the Murrays’ Southampton estates once totaled 300 acres.

You May Also Like:

New Construction in Montauk Sells for a Nonwaterfront Record Price

A newly constructed modern home in Montauk just set a record for the highest price ... 9 May 2025 by Staff Writer

Protest Entry Challenges Hamptons Real Estate Monoculture

A Noyac architect took a different tack with his entry into this year’s AIA Peconic ... 7 May 2025 by Brendan J. O’Reilly

Hamptons Median Home Price Reaches $2 Million for the First Time

The first-quarter home sales reports for the Hamptons real estate market are in, and it’s positive news all around. The number of sales, the median sales price and the amount of inventory were all up, according to three different reports issued by area real estate firms. For the first time, the median sales price on the South Fork reached $2 million. The Elliman Report found that the $1 million to $5 million range dominated the Hamptons market, with sales nearly doubling. Across all price points, it was the sixth consecutive quarter of annual sales gains, and the number of sales ... 30 Apr 2025 by Brendan J. O’Reilly

UK Developer Buys Further Lane Property for $12 Million, Begins To Build Anew

At the end of last year, Paul Brennan and Martha Gundersen of Douglas Elliman quietly ... by Staff Writer

Going Once, Going Twice: Auctions Are an Alternative to Traditional Real Estate Listings

In the ultra-luxury market, the delta between a seller’s lofty expectations and the price that ... 23 Apr 2025 by Brendan J. O’Reilly

Agency News: Agnes Wanielista Joins Douglas Elliman

Agnes Wanielista, a salesperson with 10 years of experience in luxury real estate, has joined ... by Staff Writer

1884 Rosemary Lodge Hits the Market

A Water Mill house that was built in 1884 and was listed on the National ... 15 Apr 2025 by Brendan J. O’Reilly

Real Estate, Money and You

“Real Estate, Money and You,” a real estate investment seminar, was hosted by Douglas Elliman ... 10 Apr 2025 by Kelly Ann Smith

Ellie Awards Recognize Top Performers

On Wednesday, March 19, Douglas Elliman announced the winners of the 2025 Ellie Awards, which honor the firm’s top-performing agents throughout the nation. “Since stepping into this role at Douglas Elliman, I have been deeply inspired by the dedication and resilience our agents show every day as they navigate an ever-changing market,” said Michael S. Liebowitz, the president and CEO of Douglas Elliman Inc. “Their expertise, entrepreneurial drive, and commitment to excellence not only set them apart as real estate professionals — they are the source of our reputation for providing the highest level of client service. I look forward ... 26 Mar 2025 by Staff Writer

East Hampton's Butterfly House Is on the Market

An East Hampton home known as Butterfly House, which exhibits the butterfly roof design that ... 21 Mar 2025 by Staff Writer