More Robust Sales Activity In Water Mill - 27 East

Real Estate News

Real Estate News / 1396130

More Robust Sales Activity In Water Mill

icon 1 Photo

author on Aug 7, 2018

Just when we thought it was safe not to write again for a while about real estate in Water Mill, there is another burst of robust activity. Lately in the Southampton Town hamlet, $4 million gets the transaction only a little more than a footnote.

Leading the pack in this report is 374 Cobb Road, which was purchased by Allison and Roopesh Shah for $8.15 million. On 1.35 acres, the 7,705-square-foot residence boasts eight bedrooms and 9.5 baths. The house features three levels of living space, plus a gated entrance, a 44-foot in-ground pool with spa and waterfall, a 1,200-square-foot pool house with guest quarters, a sunken tennis court, an outdoor entertaining area with fireplace, luxe landscaping, and more. Inside, there are multiple fireplaces, en-suite bedrooms, a chef's kitchen, a billiard room, a library music room, and a formal dining room with butlery. The home's lower level houses a gym, a media area/playroom, a guest suite and staff quarters. Additionally, the manse is equipped with an elevator, Crestron system controls and a geothermal HVAC system partially powered by solar panels.

Next up is 108 Osprey Way, which a limited liability company picked up for $7.3 million. The 1.1-acre property is home to a 9,300-square-foot abode with eight bedrooms and 10 baths. There are few details available, but the skimpy yet breathless realtor copy by Douglas Elliman is worth quoting: “Custom built for the current owners, this lavish, elegant, and drop-dead gorgeous south traditional estate is a new breed of Hamptons home that pushes the luxury living envelope to another level.” So does the prose!

We have more intel on 94 Tanager Lane, also purchased by an LLC, this one for $5.05 million. On a hair under 2 acres is a 5,300-square-foot house with five bedrooms and seven baths. There are multiple open living spaces with a floor-to-ceiling glass design. The grounds include an in-ground pool, a tennis court and well-maintained gardens.

Achieving above-footnote status is 593 Flying Point Road, which yet another LLC bought for $4.95 million. On 1.5 acres, with views of Burnett’s Creek, is a residence of 3,200 square feet with seven bedrooms and three baths. There is a new heated pool, a 2-car detached garage and a three-bedroom guest cottage. As appealing as this place sounds, we suspect that with the size of the existing house plus the size of the property plus location could equal a possible renovation and expansion in the not-too-distant future.

You May Also Like:

Real Estate Showings Head Online as Industry is Reclassified Essential

When New York Governor Andrew Cuomo shuttered all nonessential businesses on March 22, the Hamptons ... 7 Apr 2020 by Alec Giufurta

Real Estate Industry Faces A New Reality

The current health crisis and the ensuing economic fallout have shaken every industry, and the ... 25 Mar 2020 by Gavin Menu

Sandcastle In Bridgehampton Available To Rent … For The Right Price

Want to ride out the coronavirus pandemic in the Hamptons, and have an extra $2 ... 24 Mar 2020 by Bill Sutton

Michael Davis-Designed Sagaponack Home Sells For $16.5M

A new home in Sagaponack Village by Michael Davis Design & Construction has sold for ... 15 Mar 2020 by Staff Writer

House: Greenlawns on the Rock

The “Greenlawns” may now be known as a popular fishing hotspot along the west side ... by Michelle Trauring

COVID-19 Concerns Stir Demand For Hamptons Home Rentals

In response to the spread of COVID-19 and a growing hesitancy to travel, there has ... 13 Mar 2020 by Brendan J. O’Reilly

Late Choreographer Jerome Robbins’s Water Mill Beach House Sells For $12.5M

The Water Mill beach house that belonged to the late choreographer Jerome Robbins has sold ... by Staff Writer

Tech Attorney’s Ox Pasture Road Estate Fetches $10.23M

In Southampton Village’s estate section, a French modern home at 355 Ox Pasture Road recently ... by Staff Writer

Chateau In Murray Compound Sells For $35 Million

A Southampton Village estate in the Murray compound has sold for $35 million, less than half its original asking price. At 317 Murray Place, the chateau-style residence elevated on 300 steel pilings sits on 2.8 acres with more than 200 feet of oceanfront. The 9,200-square-foot house has French country imported stone archways throughout, four imported Old World hearths, and custom imported wood from a French chateau seen in the exposed wooden beams and hardwood floors. There are four bedrooms and 5.5 bathrooms, with an elevator serving three levels, so it’s effortless to visit the wine cellar. Among the living spaces ... 10 Mar 2020 by Staff Writer

Sagaponack Mansion Goes For $10.86 Million In Foreclosure Sale

Years in the making, the foreclosure sale of a developed property in Sagaponack Village — complete with a home, pool, pool house and tennis court — has finally come to pass. According to The Real Estate Report Inc., 219 Sagaponack Main Street has been sold to a limited liability company for $10.86 million. The property, also known as 219 Sagg Main Street, was the subject of a foreclosure auction scheduled to take place on the steps of Southampton Town Hall in 2012. It was to be the second foreclosure in the history of the Village of Sagaponack, which incorporated in ... 6 Mar 2020 by Staff Writer

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