With 300 feet of ocean frontage in Sagaponack, an immediately recognizable Bates Masi + Architects build sold for $50 million in an off-market deal on January 20 — which continues to set the tone for this year’s real estate market, following the $84.5 million sale of Ron Perelman’s East Hampton manse two weeks earlier.
The second-highest sale of 2022, so far, traded hands between LLCs, according to the Real Estate Report Inc. Bespoke represented both the buyer and the seller.
The approximately 10,000-square-foot contemporary at 7 Fairfield Pond Lane features nine bedrooms, 10 baths, and a rooftop deck with a jacuzzi, kitchen and fireplace, not to mention all of the architecture firm’s signature touches: long rectangular forms, horizontal slats, simple clean lines, walls of glass and natural textures.
“Passersby see directly through the house to the sky and landscape beyond,” according to the Bates Masi + Architects website. “With the sliding doors open and recessed into the adjacent walls, interior spaces are transformed from formal rooms to open pavilions, merging seamlessly with the site.”
Staff Writer on Feb 22, 2022