New East Hampton Home Sells for $12.74M, Immediately Relisted for $14.25M

A new, 4,513-square-foot, seven-bedroom traditional south of the highway in East Hampton Village sold in December last year for $12.74 million, and it quickly went right back on the market.

On 0.81 acres at 38 Egypt Lane, the custom home was a Brown Harris Steven exclusive listed with Ed Brody, who was also the builder, with a partner. The home wasn’t even complete at the time it went into contract, and the buyer relisted it right away, this time for $14.25 million, with Corcoran.

The home “masterfully unites old-world charm with today’s modern lifestyle,” the Corcoran listing states, also noting that the location is minutes to the Maidstone Club, the ocean, and village shopping and transportation.

“Set on a natural plateau, this home’s orientation affords absolute privacy while its elevated perspective and multiple outdoor balconies allow one to take full advantage of beautiful sunsets over the Wildlife Sanctuary,” the listing continues.

Inclusive of the lower level, the home offers 6,665 square feet of interior living space. An elevator connect all three levels.

First floor includes a primary suite, a large formal dining room, a powder room, a Bakes & Kropp eat-in kitchen with a fully equipped service pantry, a den featuring pecky cypress paneling, a covered porch with motorized screens and a see-through fireplace.

The upper level offers four en suites bedrooms, multiple balconies, a “learning center” with two work stations and a large laundry room with double stacked units.

The lower level has a mud room with second laundry, a powder room, a recreation room and two en suite bedrooms with extra-large windows.

Outdoor amenities include a heated 50-foot gunite pool with built-in spa and adjacent pool house, gray madras stone patios and mature landscaping. A heated two-car garage with three EV charging stations is attached.

The buyer in December was 8:28 Properties LLC, according to Suffolk Vision Inc.

The Corcoran listing agents are Debbie Brenneman, Charlie Esposito and Michael Esposito.