New Build By Michael Davis Sells In Sagaponack For $14.75 Million - 27 East

Real Estate News

Real Estate News / 1538021

New Build By Michael Davis Sells In Sagaponack For $14.75 Million

icon 4 Photos
673 Sagaponack Road. SAUNDERS & ASSOCIATES

673 Sagaponack Road. SAUNDERS & ASSOCIATES

324 Hedges Lane, Sagaponack. COURTESY SAUNDERS & ASSOCIATES

324 Hedges Lane, Sagaponack. COURTESY SAUNDERS & ASSOCIATES

69 Old Barn Lane, Sagaponack.  DEAD ON DESIGN

69 Old Barn Lane, Sagaponack. DEAD ON DESIGN

69 Old Barn Lane, Sagaponack. CHRIS FOSTER

69 Old Barn Lane, Sagaponack. CHRIS FOSTER

authorStaff Writer on Sep 27, 2019

A new build in Sagaponack Village has sold for $14.75 million, one of the biggest Sagaponack sales to date this year.

At 324 Hedges Lane, the New England shingle-style residence on 1.5 acres is by Wainscott’s Michael Davis Design & Construction and offers 6,003 square feet of living space above grade and 3,068 square feet below. It has eight bedrooms, eight full bathrooms and two half-baths.

The entry hall leads to the combined living room and dining room and glass and tall ceilings bring sunlight to all parts of the house, according to Michael David Construction. A bar separates the living and family rooms and connects outside. The kitchen has an oversized island and opens to the spacious breakfast/dining area.

A junior master suite is on the first floor while the master occupies the west wing of the second floor.

The lower level has a large media/recreation room with an adjacent bar. The two-car garage is on the lower level, freeing up living space on the ground floor.

To get up and down the three levels, take the floating staircase under a round turret or the elevator.

Outside, a bluestone terrace stretches the back of the house with a barbecue on one end and a covered porch with a fireplace and television on the other.

The 20-by-50 pool with an 8-by-8 spa and automatic cover is complemented by a pool house with a powder room, steam shower, sauna and outdoor shower. The property also offers a sunken Deco Turf II tennis court.

The property is just two doors down from hundreds of acres of preserved farmland. It came on the market in 2017 asking $19 million.

Terry Cohen of Saunders had the listing. Matt Breitenbach of Compass brought the buyer.

You May Also Like:

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

Protest Entry Challenges Hamptons Real Estate Monoculture

A Noyac architect took a different tack with his entry into this year’s AIA Peconic ... 7 May 2025 by Brendan J. O’Reilly

Hamptons Median Home Price Reaches $2 Million for the First Time

The first-quarter home sales reports for the Hamptons real estate market are in, and it’s positive news all around. The number of sales, the median sales price and the amount of inventory were all up, according to three different reports issued by area real estate firms. For the first time, the median sales price on the South Fork reached $2 million. The Elliman Report found that the $1 million to $5 million range dominated the Hamptons market, with sales nearly doubling. Across all price points, it was the sixth consecutive quarter of annual sales gains, and the number of sales ... 30 Apr 2025 by Brendan J. O’Reilly

UK Developer Buys Further Lane Property for $12 Million, Begins To Build Anew

At the end of last year, Paul Brennan and Martha Gundersen of Douglas Elliman quietly ... by Staff Writer

Going Once, Going Twice: Auctions Are an Alternative to Traditional Real Estate Listings

In the ultra-luxury market, the delta between a seller’s lofty expectations and the price that ... 23 Apr 2025 by Brendan J. O’Reilly

Agency News: Agnes Wanielista Joins Douglas Elliman

Agnes Wanielista, a salesperson with 10 years of experience in luxury real estate, has joined ... by Staff Writer

1884 Rosemary Lodge Hits the Market

A Water Mill house that was built in 1884 and was listed on the National ... 15 Apr 2025 by Brendan J. O’Reilly

Real Estate, Money and You

“Real Estate, Money and You,” a real estate investment seminar, was hosted by Douglas Elliman ... 10 Apr 2025 by Kelly Ann Smith

Ellie Awards Recognize Top Performers

On Wednesday, March 19, Douglas Elliman announced the winners of the 2025 Ellie Awards, which honor the firm’s top-performing agents throughout the nation. “Since stepping into this role at Douglas Elliman, I have been deeply inspired by the dedication and resilience our agents show every day as they navigate an ever-changing market,” said Michael S. Liebowitz, the president and CEO of Douglas Elliman Inc. “Their expertise, entrepreneurial drive, and commitment to excellence not only set them apart as real estate professionals — they are the source of our reputation for providing the highest level of client service. I look forward ... 26 Mar 2025 by Staff Writer

East Hampton's Butterfly House Is on the Market

An East Hampton home known as Butterfly House, which exhibits the butterfly roof design that ... 21 Mar 2025 by Staff Writer