Further Lane Estate Moves After Deep Discount

The good news for the owner of 189 Further Lane in the Village of East Hampton is that his house has sold, and for the handsome price of $13.6 million. The not-so-good news is that when the property was first listed four years ago, the ask was $21.5 million. Ah, the vagaries of real estate.

The new owners, Laurie and Martin Scheinman, in addition to getting something of a bargain, are acquiring a shingle-style house on 3.2 acres a short stroll from Two Mile Hollow Beach. The 7,400-square-foot residence was completed in 2004. A previous house was torn down except for the basement footprint, which now contains a catering kitchen, laundry room, and a media room with fireplace. The exterior features a landscaped pool with summer kitchen, terraced Asian gardens, a hot tub grotto, and a tennis court—and one can see all from a rooftop deck. Back inside, there are five bedrooms, five bathrooms, and three half-baths. There is a south-facing screened porch to enjoy plenty of afternoon sunshine.

The seller, by the way, is Peter S. Wilson, a retired partner in the white-shoe law firm of Cravath, Swaine & Moore.

Another recent village sale was 23 Maidstone Lane, sold to the MulfordMaidstone limited liability company for $5 million. It now owns a 1-acre property adjacent to Mulford Farm. The five-bedroom, 4.5-bath, one-level traditional has been renovated and refurbished including all new bathrooms, central air conditioning, furnishings, and accessories. There is a separate 500-square-foot guest-staff bed/bath, a big grassy yard, and an in-ground heated pool.

One more East Hampton sale to report, this one outside the village. Lee and Shara Levy have purchased 22 Owls Nest Lane for $3.3 million. The 7,350-square-foot residence has seven bedrooms and 7.5 baths and is on 1.16 acres. The newly constructed “showpiece” home is adjacent to a large nature reserve and in a private community of 13 homes sharing a tennis court.