B. Smith And Dan Gasby Sell Sag Harbor Home For $7.75 Million - 27 East

Real Estate News

Real Estate News / 1403262

B. Smith And Dan Gasby Sell Sag Harbor Home For $7.75 Million

icon 4 Photos
18 Soundview Dr THE CORCORAN GROUP

18 Soundview Dr THE CORCORAN GROUP

18 Soundview Dr THE CORCORAN GROUP

18 Soundview Dr THE CORCORAN GROUP

18 Soundview Dr THE CORCORAN GROUP

18 Soundview Dr THE CORCORAN GROUP

18 Soundview Dr THE CORCORAN GROUP

18 Soundview Dr THE CORCORAN GROUP

author27east on May 31, 2017

Back in February, we reported that the restaurateur B. Smith and her husband, Dan Gasby, had put their Sound View Drive home on the market for $8.5 million. We can now report that only three months later the waterfront property in Sag Harbor has sold, for a reasonably close $7,750,000.

Ms. Smith and Mr. Gasby purchased the property in 1993, only months after they were married. That ceremony took place at St. Luke’s Lutheran Church in Manhattan, two blocks from the B. Smith restaurant on West 47th Street and Eighth Avenue.

Over the years, the residence, originally constructed in 1954, has undergone renovations and upgrading. Today on the .78-acre property on the East Hampton Town side of the village is a 3,400-square-foot contemporary with a stucco exterior offering 3 bedrooms and 3 baths. Amenities include an open floor-plan living room with fireplace, windowed dining area with water views, hot tub and spa, a loft with a widow’s walk, plenty of mahogany decking, and a separate pavilion in the backyard. There are also a two-car garage, garden, and a dog run. Especially appealing is 100 feet of private beach on Sag Harbor Bay and a glimpse of the Cedar Point Lighthouse. The new owner, K&J of Amagansett LLC (which traces back to 1411 Broadway in Manhattan), will find a location that can’t be beat.

Ms. Smith was known to do shoots for her lifestyle TV show at the Sag Harbor manse, and it’s been reported that among the celebrity guests entertained there were Danny Glover and Aretha Franklin.

In the quarter-century since the couple bought the home, Ms. Smith and Mr. Gasby have come familiar faces in the Sag Harbor area. She was already well-known for being a former model and an owner of popular eateries, including a B. Smith restaurant on the Long Wharf in the village. Mr. Gasby’s career had included documentary filmmaking and television marketing. Unfortunately, in recent years the couple has been in the news because of Ms. Smith’s struggles with Alzheimer’s disease. They chronicled that journey in the book titled “Before I Forget: Love, Hope, Help, and Acceptance in Our Fight Against Alzheimer’s,” published last year by Harmony Books. It was co-written with fellow Sag Harbor resident and Vanity Fair contributing editor Michael Shnayerson.

This week, Mr. Gasby will be in the news for a more cheerful reason: He is one of the honorees at this Sunday’s “An Evening of Wine and Roses,” the annual gala to benefit the Southampton Cultural Center. If tickets are still available, call 631-287-4377 to snag one.

You May Also Like:

Appeals Court Sides With Landowner Over Southampton Village ZBA

Southampton Village has lost an appeal that sought to reinstate a Zoning Board of Appeals ... 12 Jun 2025 by Brendan J. O’Reilly

Last Parcel of Startop Ranch in Montauk Sells

The last plot of land at Startop Ranch in Montauk, 107 Startop Drive, has sold ... by Staff Writer

Hamptons Real Estate Roundtable, Memorial Day Weekend 2025 Edition

With Memorial Day weekend about to kick the Hamptons into high season, The Express News ... 22 May 2025 by Moderated by Brendan J. O’Reilly

Au-Delà Real Estate Vows To Go 'Beyond'

Au-Delà Real Estate, a new boutique real estate firm based in East Hampton, is now ... 20 May 2025 by Brendan J. O’Reilly

AI Helps Rental Seekers Find Homes That Match Their Aesthetic Preferences

Consumers increasingly have an expectation of superior, more personalized service based on their own particular ... by Steven Loeb

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