Bridgehampton Properties Scooped Up In Time For Spring - 27 East

Real Estate News

Real Estate News / 1392259

Bridgehampton Properties Scooped Up In Time For Spring

icon 4 Photos
70 Matthews Lane, Bridgehampton COURTESY CORCORAN/CHRIS FOSTER

70 Matthews Lane, Bridgehampton COURTESY CORCORAN/CHRIS FOSTER

70 Matthews Lane, Bridgehampton COURTESY CORCORAN/CHRIS FOSTER

70 Matthews Lane, Bridgehampton COURTESY CORCORAN/CHRIS FOSTER

70 Matthews Lane, Bridgehampton COURTESY CORCORAN/CHRIS FOSTER

70 Matthews Lane, Bridgehampton COURTESY CORCORAN/CHRIS FOSTER

70 Matthews Lane, Bridgehampton COURTESY CORCORAN/DEAD ON DESIGN

70 Matthews Lane, Bridgehampton COURTESY CORCORAN/DEAD ON DESIGN DCIM100MEDIADJI_0063.JPG

author on Mar 20, 2019

Bridgehampton is celebrating spring by welcoming a bunch of new homeowners thanks to recent transactions, three of which we want to highlight here.

One of those new owners is a limited liability company that purchased 70 Matthews Lane for $9.58 million, according to the Long Island Real Estate Report. The 11,590-square-foot manse on 1.08 acres has seven bedrooms and, in case it hosts a convention, 10.5 baths. We’re told that if you want to tour the house—and if “The Exorcist” did not frighten you—“the head-swiveling journey begins as you pass through the reception hall [to arrive] in the dramatic great room, under 30-foot beamed ceilings, which incorporates multiple seating areas, dining room, and gallery, all warmed by a custom fireplace that anchors the room while walls of windows allow for an abundance of natural light.”

There is an eat-in kitchen with a 10-seat breakfast area warmed by its own fireplace. Additional common spaces include the media room and a living room. The first-floor master wing with sitting area, fireplace, and luxurious bath is underneath four guest suites including a secondary master with a roof terrace. The bedrooms are purposely positioned so that none have common walls. An elevator connects all floors to the lower level with two more bedroom suites, a theater with 16-person seating, bar and large recreation room with fireplace and billiards table. The manicured grounds behind stone walls contain specimen trees, espalier apples, a heated pool and spa serviced by a covered cabana area that incorporates the pool house with full bath and dressing room, and an outdoor fireplace and built-in kitchen that connects over broad stone patios to the two-car garage.

The property was formerly owned by filmmaker Kenneth Lonergan, whose credits include co-writing “Gang of New York” and writing and directing “Manchester by the Sea.” His home there was razed to make way for the new construction by developer and designer James Michael Howard with McAlpine-Tankersley Architecture and Landscape Details.

Gary DePersia of Corcoran represented the seller.

Another new owner in Bridgehampton is living at 51 Sandpiper Lane after paying $5.75 million for it. Sited on an acre of land south of the highway, this modern home from 1980 is in need of some interior renovations. We’re informed that the kitchen needs a full gut (well, it can have ours) and the dated tile floors could be swapped out for some hardwood. However, the house has a wide-open floor plan, floor-to-ceiling windows, and a fireplace in the living room that all have the potential to look great again once the space is updated. Parts of the house have already gotten some renovations. The bedrooms have newer-looking hardwood floors and sliding glass doors that lead outside. In the 2,000 square feet there are three bedrooms and two full bathrooms on over an acre of land. Outside, one will find a heated pool, patio space, an outdoor shower, and ocean access.

The third home we’re featuring is 715 Halsey Lane, which another LLC has picked up for $4.7 million. Perhaps of most interest is the property first went on the market in two years ago this month for $8.5 million. Clearly, there have been several price cuts in the interim. The 5,500-square-foot shingled house on 1 acre includes five bedrooms, 6.5 bathrooms, hardwood floors, an eat-in kitchen, a finished lower level, and multiple wood-burning fireplaces throughout. French doors lead outside, where there is an entertainment deck, a heated pool, and nature reserve views.

You May Also Like:

‘Sugar Cube House’ Sells With Last Asking Price Of $12 Million

Designed by renowned architect and interior designer Daniel Romualdez, a Southampton Village residence known as ... 2 Mar 2021 by Staff Writer

Community Preservation Fund Revenue For January Is Up 132 Percent

The Peconic Bay Community Preservation Fund raised $21.07 million across the East End in January 2021, a 132 percent increase compared to January 2020, according to the office of New York State Assemblyman Fred W. Thiele Jr. The January 2021 haul is the second biggest for a single month in the history of the CPF. The record was set in December 2020, when the CPF raked in $21.31 million. Each of the five East End towns maintains its own CPF, which is funded through a 2 percent tax on real estate transactions, so watching CPF revenue totals is one way ... by Staff Writer

Francis Fleetwood-Designed Home In Georgica Sells For $9 Million

A residence by architect Francis Fleetwood in the Georgica section of East Hampton Village recently ... by Staff Writer

State Budget Proposal Would Apply Sales Tax To Vacation Rentals

Governor Andrew Cuomo’s proposed New York State budget calls for subjecting vacation rentals to the same state sales tax that applies to stays in hotels. If the measure is adopted, any rental on the South Fork for a period of fewer than 90 days will be costlier starting September 1. The bill aims to raise additional revenue for the cash-strapped state amid the pandemic and to level the playing field between hotels and vacation rental marketplaces, such as Airbnb and Vrbo. It is expected to raise $10 million in fiscal year 2022, which begins April 1, 2021, and then $18 ... 22 Feb 2021 by Brendan J. OReilly

Sagaponack Estate With Pond Sells For $19.8 Million

An 8-acre oceanfront estate in Sagaponack with a main residence, a carriage house and a ... by Staff Writer

Bayfront Dune Road Contemporary Sells With Last Ask Of $11 Million

After fewer than 60 days on the market, a bayfront Westhampton Beach home with a ... by Staff Writer

Water Mill South Estate Sells For $7.6 Million As Pristine Inventory Is Depleted

A south-of-the-highway Water Mill home sold for $7.63 million after a bidding war drove the ... by Staff Writer

Barons Lane Estate Sells For $38 Million

An oceanfront estate in Southampton Village that went on the market in 2017 for $55 ... 20 Feb 2021 by Staff Writer

Express Sessions: Real Estate Experts Share Views Of Current State Of The Market

A host of industry experts offered insight into the state of the East End real ... 16 Feb 2021 by Bill Sutton

Agency News: Town & Country Welcomes Riemerschmid; Morabito Team Welcomes Gray

Town & Country 
Welcomes RiemerschmidMichael Riemerschmid has joined Town & Country Real Estate’s East Hampton ... by Staff Writer
logo

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
Send this to a friend