Oceanfront Meadow Lane Property Sells For $48 Million - 27 East

Real Estate News

Real Estate News / 2011620

Oceanfront Meadow Lane Property Sells For $48 Million

authorStaff Writer on Aug 16, 2022

In August 2020, the 3.65-acre oceanfront property at 1116 Meadow Lane in Southampton sold for $36 million, making it the seventh biggest Hamptons sale of that year. Now, less then two years later, it has sold again, this time for $48 million.

In 2021, the Southampton Village Architectural Review Board approved plans for a new shingle-style “traditional house with sort of a slightly modern edge” high on the dune by architect Tom Kligerman from Ike, Kligerman and Barkley, with landscape architecture by Ed Hollander to replace the existing residence. The plan calls for Alaskan yellow cedar, which will weather to gray, white-painted real wood trim, and white brick masonry.

“The house is basically white and gray sitting in a green landscape,” Kligerman told the ARB.

Around the pool will be pale Jerusalem limestone, and among the landscape will be weathered, reclaimed Yorkstone imported from England.

“To summarize, it’s a ‘wow,’” ARB Chairman Jeffrey Brodlieb remarked on the board’s reaction to the overall plan.

The property with 200 feet of ocean frontage formerly was among the real estate holdings of the late media and entertainment mogul Robert F.X. Sillerman, who died in 2019 at age 71. He sold it in 2014 for $37.5 million, according to town property records. The residence that previously stood there, built in 2010, included 12,800 square feet of interior living space and a two-car garage.

The latest deal closed on June 17, according to The Real Estate Report Inc. It changed hands from one anonymous limited liability company to another. Associate broker Harald Grant of Sotheby’s International Realty was the listing agent, and he was on both sides of the 2020 deal.

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