La Dune Could Be Second Biggest Hamptons Real Estate Transaction In History - 27 East

Real Estate News

Real Estate News / 1403456

La Dune Could Be Second Biggest Hamptons Real Estate Transaction In History

icon 3 Photos
La Dune on Gin Lane in Southampton. COURTESY SOTHEBY'S INTERNATIONAL REALTY

La Dune on Gin Lane in Southampton. COURTESY SOTHEBY'S INTERNATIONAL REALTY

La Dune on Gin Lane in Southampton. COURTESY SOTHEBY'S INTERNATIONAL REALTY

La Dune on Gin Lane in Southampton. COURTESY SOTHEBY'S INTERNATIONAL REALTY

La Dune on Gin Lane in Southampton. COURTESY SOTHEBY'S INTERNATIONAL REALTY

La Dune on Gin Lane in Southampton. COURTESY SOTHEBY'S INTERNATIONAL REALTY

author on May 5, 2017

They say close counts only in horseshoes, and that may be how the owner of a property on Gin Lane in Southampton feels if it sells for the ask of $145 million. That price for this oceanfront estate would be the second-highest ever paid in the Hamptons.

Of course, you’re asking: What was No. 1? Answer: The $147 million paid by activist-investor Barry Rosenstein in 2014 for an 18-acre waterfront property in East Hampton. The new listing in Southampton, when it sells, would easily eclipse the $110 million paid early last year by the natural gas billionaire Michael S. Smith for three adjacent parcels on Lily Pond Lane, also in East Hampton.

“La Dune,” as the Gin Lane estate is known—which is being represented exclusively by Harald Grant at Sotheby’s International Realty—has a resume that is the envy of every mansion owner in the Hamptons. The two residences on the 3.7-acre parcel with 400 feet of bulkheaded beachfront contain a combined 22,000 square feet, and within that are 12 bedrooms, 13 baths, nine fireplaces, an elevator, staff quarters and a garage with at least three spaces. On the well-trimmed grounds fronting the ocean are two heated pools, a guest house, a tennis court, security gates and the best landscaping this side of Covent Gardens.

We’re told that the homes, built in 1900, have “links to architect Stanford White,” referring to a partner at the New York firm McKim, Mead and White who had an enormous influence on turn-of-the-century design in Manhattan and the Hamptons. (For those of you who celebrate such things, next month marks the 111th anniversary of White’s murder at the hands of his lover’s husband, which occurred at Madison Square Garden, which he also designed.) Other amenities that La Dune boasts include a gym, a library, both a sun room and a morning room, a bar room, a sauna, a massage room and a billiards room.

You May Also Like:

Ezekills Hollow Sale For $14.5 Million Points To Growing Demand For Luxury Properties In Sag Harbor Area

The sale of a waterfront home on North Haven recently closed for $14.5 million, the ... 30 Nov 2020 by Brendan J. OReilly

First Neck Lane Estate Sells For $11.5 Million

A Southampton Village estate section home at 252 First Neck Lane recently sold for $11.5 ... by Staff Writer

Further Lane Estate Fetches $7.5 Million

A 2-estate Amagansett estate on storied Further Lane recently sold for $7.5 million, according to The Real Estate Report Inc. At 386 Further Lane, the property boasts a 9,000-square-foot stucco manor built in 2001. According to a Corcoran listing for the estate, the residence’s main floor has a dramatic great room, a children’s wing with two suites and a large play area, a guest suite and a state-of-the-art kitchen with an adjoining living room. Upstairs, a master wing offers a “sumptuous bathroom, an office, a sitting room and a large outdoor terrace,” and an additional bedroom completes the second story. ... 23 Nov 2020 by Staff Writer

Wickapogue Road Estate Sells For $8 Million

A Southampton Village estate dubbed “The Beachmont” sold and closed last month for $8 million, ... by Staff Writer

Wilkes Lane Estate Sells For $7 Million With Plans For Redevelopment

A 1.8-acre Sagaponack estate south of Montauk Highway that was listed for $8.5 million has ... 19 Nov 2020 by Staff Writer

Sagaponack Estate Fetches $9 Million

A Sagaponack estate overlooking 14 acres of farmland recently changed hands for $9 million, according ... 16 Nov 2020 by Staff Writer

Record Executive Buys Southampton Estate For $18 Million

A modern Southampton Village estate by builder George Vickers Jr. Enterprises recently sold for $18.1 ... by Staff Writer

Bayfront Property In North Haven Sells For $11.5 Million

A North Haven home on 4.4 acres of bayfront property recently sold for $11.5 million ... 12 Nov 2020 by Staff Writer

Kevin Sorbo Sells Bridgehampton Residence For $8 Million

“Hercules: The Legendary Journeys” star Kevin Sorbo and his wife, Sam Sorbo, an actress and ... by Staff Writer

Twenty-Five Condos Proposed On Site Of Dockers Restaurant

The owners of the 8.6-acre property in East Quogue where Dockers Waterside Marina & Restaurant ... 9 Nov 2020 by Brendan J. OReilly
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