Bates And Masi Build In Sagaponack Sells For $14 Million - 27 East

Real Estate News

Real Estate News / 1665789

Bates And Masi Build In Sagaponack Sells For $14 Million

icon 1 Photo
139 Seascape Lane in Sagaponack by Bates + Masi Architects. COURTESY SAUNDERS & ASSOCIATES

139 Seascape Lane in Sagaponack by Bates + Masi Architects. COURTESY SAUNDERS & ASSOCIATES

authorStaff Writer on Jan 2, 2020

A new ultra-modern build in Sagaponack Village by East Hampton’s Bates + Masi Architects has sold for $14 million after more than two years on the market — though it was on offer before construction was completed.

Located at 139 Seascape Lane, the 0.9-acre property with ocean and pond views had been asking $18.5 million in 2018. It was then relisted in 2019 for $18 million before the asking price dropped months later to $17.5 million. That didn’t do it either. After the ask was dropped to $16 million, a buyer was found.

Christopher Covert had the listing for Saunders & Associates.

The 5,000-square-foot home made with wood, stone and steel inside and out includes five en-suite bedrooms and a total of six full bathrooms and two half baths. It is made up of four structures with Alaskan yellow cedar siding joined by glass-enclosed bridges. And it has an elevator.

The upper level features a large family room, two guest suites and a master wing with a home office. The master faces Sagaponack Pond and the ocean and has its own deck.

The first level has a double-height foyer with an open riser staircase. The gourmet kitchen has top-of-the-line appliances, a butler’s kitchen, Cold Spring black granite countertops, an island, and a stone backsplash. Two guest suites, a mudroom/laundry, and a power room can also be found on the first level.

Throughout the interior living spaces are oak flooring and Venetian plaster ceilings.

The grounds feature native plantings and bluestone rock gardens. South-facing decks surround an elevated gunite infinity-edge pool and spa. Also among the amenities are an outdoor kitchen and a pool house.

The buyer was Hamptons Seascape LLC, according to The Real Estate Report Inc.

The property was previously the site of a three-story house built in 1970 and a detached two-car garage. It sold in 2016 for $5.5 million, according to town property records, and the structures were razed in November of that year to make way for the new construction.

You May Also Like:

Southampton Estate On Meadow Lane Sells For $41 Million

A Southampton Village estate sold at the end of January for $40.91 million — a ... 21 Feb 2020 by Brendan J. OReilly

Bill Proposed To Exempt Summer Rentals From New York State Housing Law

The New York State Legislature’s monumental housing reform enacted last year cast a wider net than planned — and Hamptons summer rentals were caught in it. A provision in the Housing Stability and Tenant Protection Act of 2019, an omnibus bill that comprises many measures pertaining to the landlord-tenant relationship, prohibits landlords from collecting an advance or security deposit in excess of the equivalent of one month’s rent. It had been common practice on the South Fork for homeowners to collect payment for an entire season upfront when renting out their houses for the summer. That’s now illegal. However, Assemblyman ... by Brendan J. OReilly

Airbnb And Other Short-Term Rental Platforms Shake Up Hamptons Market

Phil Keith and his partner, Laura Lyons, are what Airbnb calls “superhosts.” With a near-perfect ... 19 Feb 2020 by Michelle Trauring

Daniel Gale Sotheby’s International Realty Launches DGNY Commercial

Daniel Gale Sotheby’s International Realty, the Cold Spring Harbor-based real estate firm with an East ... 18 Feb 2020 by Staff Writer

Chris Coleman Joins Compass

Real estate agent Chris Coleman, the top producer in Montauk, has joined Compass. Mr. Coleman ... by Staff Writer

Only House On The South Fork With A Rooftop Pool Sells For $8.5M

The only house on the South Fork with a rooftop pool just sold for $8.49 ... by Staff Writer

Pulse East End Roundtable: Analyzing 2019 In Hamptons Real Estate And Looking Forward

Was it the trade war, the global economic uncertainty, the impacts of 2017’s federal tax ... by My27east

Hamptons Real Estate Association’s Listings Website Is Growing Quickly

When new East End real estate website debuted in December 2019, it included rentals ... 17 Feb 2020 by Brendan J. O’Reilly

Sale Of 80 Meadowmere Lane Is One Of 2019’s Biggest Hamptons Real Estate Deals

A major Southampton Village real estate deal closed at the end of December that could ... 14 Feb 2020 by Staff Writer

Three Ponds Farm Was Second-Biggest Hamptons Real Estate Sale Of 2019

Sold in June, Three Ponds Farm is a 58.7-acre, eight-structure compound with its own USGA-rated ... 13 Feb 2020 by Staff Writer

Welcome to our new website!

To see what’s new, click “Start the Tour” to take a tour.

We welcome your feedback. Please click the
“contact/advertise” link in the menu bar to email us.

Start the Tour
Landscape view not supported