Art Village Compound Sells for $7.48 Million - 27 East

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Art Village Compound Sells for $7.48 Million

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8 Studio Lane in Art Village sold for $7.48 million. COURTESY CORCORAN

8 Studio Lane in Art Village sold for $7.48 million. COURTESY CORCORAN

authorStaff Writer on Aug 15, 2023

A compound in the area known as Art Village, near the western border of Southampton Village, has sold for $7.48 million after most recently seeking $8 million.

At 8 Studio Lane, the Dutch Colonial main house has been artfully restored and resembles William Merritt Chase’s nearby home with its gambrel roof, gabled dormers, inset porches, bay windows and classic old-world materials, clad in cedar and cypress shingles, according to the Corcoran listing.

Associate broker Tim Davis of Corcoran represented the sellers.

“A rambling country house with authentic charm and history as well as several outbuildings including two cottages,” Davis said. “It will be a generational compound for this lucky buyer.”

The listing states that the sun-drenched foyer of the three-story residence presents eight bedrooms, six bathrooms, a front and back staircase, two sunrooms, two patios, a gourmet kitchen and a fully windowed and finished lower level.

A 900-square-foot brick terrace for al fresco dining and entertaining is sheltered by a grove of mature birch tree.

The main house features original glass windows, stone foundation, 19th century fir floors and brick fireplaces.

The compound’s three cottages are named Laffalot Cottage, Tuck Cottage and Garden Cottage.

Laffalot Cottage is a two-bedroom, two-bathroom, two-story dwelling built in 1891 by renowned architect Katherine Budd, one of America’s first female architects, who studied at Chase’s Shinnecock Hills Summer School of Art. It underwent a major restoration from 2017 to 2020 and retains original features of exposed beams, a brick fireplace, fir floors, cypress shingles and sun-filled rooms.

Tuck Cottage, recently restored, is a one-bedroom, one-bathroom, behind privet hedges and with its own gated driveway.

The Garden Cottage sits adjacent to the main house and terrace and has its own kitchen, bedroom and bathroom and could be used as an art studio or pool house, the listing suggests.

The Ballroom, built in 1901 by Grosvenor Atterbury and adorned with its original features, has soaring ceilings, large windows, an original brick fireplace and two bathrooms.

The deal closed on June 27, according to Suffolk Vision Inc., which reports the sellers are John and Lisa Cowell and the new owner is 888 Studio LLC.

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