East Hampton Residence of Late Life Savers Heiress Sells For $60 Million - 27 East

Real Estate News

Real Estate News / 1774738

East Hampton Residence of Late Life Savers Heiress Sells For $60 Million

icon 1 Photo
30 Spaeth Lane, East Hampton, recently sold for $60 million.  COURTESY BROWN HARRIS STEVENS

30 Spaeth Lane, East Hampton, recently sold for $60 million. COURTESY BROWN HARRIS STEVENS

authorStaff Writer on Apr 30, 2021

A nearly 6-acre oceanfront property in East Hampton Village with a circa-1955 midcentury modern residence overlooking the dunes has sold for $60 million in one of the Hamptons’ biggest real estate transactions of 2021 thus far.

Off Further Lane, the address is 30 Spaeth Lane and the seller was the estate of June Noble Smith Larkin Gibson, the Life Savers heiress who died in June 2020 at her Greenwich, Connecticut, home at the age of 98. According to an obituary from NNY360.com, June Noble Smith Larkin Gibson — Smith, Larkin and Gibson were the names of three husbands who predeceased her — was the daughter of Edward J. Noble, an industrialist who helped found Life Savers as well as the American Broadcasting Company, which later simply became known as ABC.

Two months after her passing, her East Hampton residence was listed for $72 million, and the asking price was later reduced to $67 million.

Architects George Nelson and Gordon Chadwick designed the house. According to Caroline Rob Zaleski’s 2012 book “Long Island Modernism 1930-1980,” it was built for Eloise and Otto Spaeth, who gave Spaeth Lane its name. Mr. Spaeth was an industrialist who made his fortune in aluminum, among other ventures, and the Spaeths were significant art collectors.

The home was a second-story porch with ocean views; formal and informal living rooms, with a fireplace in each; six bedrooms, five bathrooms and a finished basement.

The property has 333 feet of shoreline and a double dune that offers storm protection, the listing notes. The listing also says the property can yield a 15,421-square-foot residence.

The deal closed on March 15 and the new owner is identified only as 30 Spaeth Lane LLC, according to The Real Estate Report Inc. Peter Turino and Christopher Burnside of Brown Harris Stevens had the exclusive listing.

You May Also Like:

Water Mill Property Where Hal Buckner and Dorothy Lichtenstein Left Their Marks Is for Sale

A Water Mill property that hosts a former dairy barn turned artist’s studio and a ... 30 Jun 2025 by Brendan J. O’Reilly

Sundays on the Bay Hits the Market

Sundays on the Bay restaurant and marina on Dune Road in Hampton Bays has hit ... 29 Jun 2025 by Staff Writer

Hamptons Rental Market Remains Alive and Well

To paraphrase Mark Twain, reports of the demise of the Hamptons summer-rental market are greatly exaggerated. “Any hint that the Hamptons rental market is anything but robust is completely wrong,” said Corcoran associate broker Gary DePersia in East Hampton. An interesting dynamic is stirring in the Hamptons vacation-rental market. Although there has been an unprecedented rise in short-term rentals and the aftershocks of the COVID-19 pandemic linger, it has been a bumper crop year for Wall Street, interest rates have remained steady and a new breed of demanding customer is emerging. Despite it all, the Hamptons vacation-rental market remains as ... 19 Jun 2025 by Joseph Finora

Jon Vaccari Joins Noble Black & Partners at Douglas Elliman

Jon Vaccari, a longtime resident of Sag Harbor, has joined Noble Black & Partners at ... 18 Jun 2025 by Staff Writer

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