Oath's Vanessa Wittman Buys In Water Mill - 27 East

Real Estate News

Real Estate News / 1394507

Oath’s Vanessa Wittman Buys In Water Mill

icon 1 Photo
68 Summerfield Lane in Water Mill.

68 Summerfield Lane in Water Mill.

author on Oct 22, 2018

An oath can be a curse, but in the case of Vanessa Wittman, Oath is a blessing. Translation: Last January, she became the chief financial officer of the Verizon subsidiary, and surely that salary has helped her to afford 68 Summerfield Lane in Water Mill. The price she paid for the new retreat was $8 million.

The recent build by Farrell Building Company—in place of the 2,300-square-foot home that was there—is an 8,000-square-foot residence on 0.93 acre with eight bedrooms and 7.5 baths.

Before signing on with Verizon—which owns Yahoo, AOL and HuffPost, among other companies—Ms. Wittman was CFO at Dropbox, Motorola and Marsh & McLennan. At Oath, her new position includes working to “help propel Oath’s strategic expansion as it becomes one of the world’s largest internet and mobile brand companies,” according to a press release issued when Ms. Wittman was hired.

Money-wise, another big transaction in Water Mill was the recent acquisition of 236 Halsey Lane by a limited liability company for $7.8 million. The 4,914-square-foot residence has five bedrooms and six baths. The best feature of this property is it is 2.3 acres, so plenty of room to roam or to expand.

One more to mention in Water Mill is 535 Mecox Road, purchased by George Gewirtz and the jewelry designer Margo Arjang for $4.15 million. Sited on 1.4 acres of flat land, the main house spreads out over 4,000 square feet and centers on a great room with vaulted ceilings and a two-sided wood-burning fireplace. An adjacent sitting area and den and sunroom are complemented by a formal dining room and kitchen. The bedrooms are set in four wings. The master suite comes complete with a spacious deck overlooking the property. An in-ground pool and patio area are at the center of the property, which is anchored by a 2,000-square-foot artist studio with full basement with 10-foot ceilings. The property is not on, but is very close to, the ocean.

You May Also Like:

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

Natasha Esch, Matt Coffin Sell Bridgehampton Estate For $18 Million

Interior designer Natasha Esch and husband Matt Coffin, an entrepreneur and investor, have sold a ... 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