Bridgehampton Traditional Fronting Sagaponack Pond Gets $37.5 Million - 27 East

Real Estate News

Real Estate News / 2018044

Bridgehampton Traditional Fronting Sagaponack Pond Gets $37.5 Million

authorStaff Writer on Sep 5, 2022

A Bridgehampton traditional fronting Sagaponack Pond with pool and tennis sold this summer for $37.5 million in an off-market deal.

The address is 194 Meadowlark Lane. The Wall Street Journal had reported the sale in August for “roughly $45 million” though that figure included the sale of both the 4-acre lot where the approximately 7,500-square-feet residence sits and an adjacent 1-acre buildable lot

According to town property records, the owners were Irving Shafran and the late Judith Shafran. The Real Estate Report Inc. identifies the sellers as the estate of Judith Shafran and the Pamela Murphy Trust; Pamela Schein Murphy, the founder and creative director of The Select 7, a digital platform for tastemakers, is the wife of celebrity chef Marc Murphy and the daughter of Judith Shafran and the late Jacob Schein, who was the chairman of Henry Schein Inc. and Schein Pharmaceutical Inc.

Judith Shafran was a book editor and Irving Shafran is a Madison Avenue family law and divorce lawyer.

According to town records, the Shafrans owned both 194 and 218 Meadowlark Lane since 2004. The Real Estate Report Inc. says the former traded on July 28, and the new owner is identified as only 194 Meadowlark Lane LLC.

The Wall Street Journal said Christopher Covert of Compass and Hedgerow Exclusive Properties brokered the deal.

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