Michael Davis-Designed Sagaponack Home Sells For $16.5M - 27 East

Real Estate News

Real Estate News / 1687451

Michael Davis-Designed Sagaponack Home Sells For $16.5M

icon 1 Video & 7 Photos

494 Hedges Lane, Sagaponack. COURTEST SAUNDERS & ASSOCIATES

494 Hedges Lane, Sagaponack. COURTEST SAUNDERS & ASSOCIATES

494 Hedges Lane, Sagaponack. COURTEST SAUNDERS & ASSOCIATES

494 Hedges Lane, Sagaponack. COURTEST SAUNDERS & ASSOCIATES

494 Hedges Lane, Sagaponack. COURTEST SAUNDERS & ASSOCIATES

494 Hedges Lane, Sagaponack. COURTEST SAUNDERS & ASSOCIATES

494 Hedges Lane, Sagaponack. COURTEST SAUNDERS & ASSOCIATES

494 Hedges Lane, Sagaponack. COURTEST SAUNDERS & ASSOCIATES

494 Hedges Lane, Sagaponack. COURTEST SAUNDERS & ASSOCIATES

494 Hedges Lane, Sagaponack. COURTEST SAUNDERS & ASSOCIATES

494 Hedges Lane, Sagaponack. COURTEST SAUNDERS & ASSOCIATES

494 Hedges Lane, Sagaponack. COURTEST SAUNDERS & ASSOCIATES

494 Hedges Lane, Sagaponack. COURTEST SAUNDERS & ASSOCIATES

494 Hedges Lane, Sagaponack. COURTEST SAUNDERS & ASSOCIATES

authorStaff Writer on Mar 15, 2020

A new home in Sagaponack Village by Michael Davis Design & Construction has sold for $16.5 million.

Completed last year, the transitional home with colonial and shingle-style influences and low-sloped roofs has distinctive blue-trimmed windows and portico. It is 7,600 square feet with an additional 4,400 square feet in the lower level, and has eight en-suite bedrooms, plus a flex room.

At 494 Hedges Lane, the 2.3 private acres is set back from the street and boasts a 60-foot pool and spa, a pergola, a pool house and a sunken tennis court.

The residence’s main level has a curving staircase in the foyer, great room with 14-foot ceilings, paneled walls and exposed beams, a den with a wet bar and wine storage, a chef’s kitchen, a breakfast room and a junior master bedroom.

A three-car garage is attached through a mudroom, and barn doors allow the garage to be converted into an indoor-outdoor party area.

The main house’s upstairs is where the master suite can be found down a private hall, with a terrace, walk-in closets and his-and-hers bathrooms.

All three levels are served by an elevator, and a laundry chute is accessible in the upper level and kitchen.

To the rear of the main house are walls of glass to invite the outdoors inside, and a covered porch provides an outdoor living room with a television and fireplace. The pool house is an open-air structure with a wet bar and storage.

It had been listed for $17.9 million.

The buyers are Christina and Barry Kringstein, according to The Real Estate Report Inc. Just last year, the Barry Kringstein Trust sold 10 Danielles Way in Water Mill — a 1.72-acre property with a 6,100-square-foot gambrel-style residence with golf course views and bordering a horse farm — for $5.25 million.

You May Also Like:

Quail Ridge Residents Scramble After Apartments Are Purchased for Redevelopment | 27Speaks Podcast

The tenants of Quail Ridge — the two dozen studio and one-bedroom apartments spread over ... 3 Jul 2025 by 27Speaks

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