Old Stove Pub Sibling Sells In Bridgehampton - 27 East

Real Estate News

Real Estate News / 1400095

Old Stove Pub Sibling Sells In Bridgehampton

icon 1 Photo

author27east on Jun 29, 2017

The timing is good to write about the Old Stove Pub, because this year that site on Montauk Highway in Sagaponack celebrates its 50th year as an eatery. But this is the real estate section, so what is the hook? Coula Johnides, the surviving sibling of the two brothers and two sisters who operated the Old Stove Pub for decades, has just sold her house on Chester Avenue in Bridgehampton, for $1,375,000.

The new owner, listed as a limited liability company, may have plans for the property. The 2-bedroom, 1-bath cottage is just 922 square feet. One real estate agency had suggested to potential buyers, “Bring your imagination,” which is often accompanied by an architect and a bulldozer.

However, the Old Stove Pub appears to be thriving. The restaurant with the red neon sign was not the first use of the site on the north side of the highway. That distinction belongs to an Irish pub, which opened its doors in 1967. Two years later, the Johnides family took over and converted it to a Greek eatery. Over the years, it has not changed much, though the vintage jukebox is gone. The merchandise sold there continues to carry the tagline, “When you’re fed up with the chic, come to the Greek.”

Coula Johnides was very much a hands-on co-owner, particularly presiding over the establishment’s Greek-only wine list. According to a New York Times profile published two years ago: “When one customer asked if he could bring his own bottle and pay a corkage fee, Ms. Johnides declined. Eventually the customer found a way around this: He would buy a bottle from the list, then pour his glass out the window, refilling the glass from his own stock, hidden under the table.”

Though fervently un-chic, the Old Stove Pub has entertained its share of celebrities. Past regulars include Ralph Lauren, Billy Joel, John F. Kennedy Jr., and Larry Rivers. Mr. Joel may not get to the restaurant as often as he used to, but in a way his presence continues: On YouTube, one can find a video of George Gounelas, the manager of the Old Stove Pub, singing “Piano Man” with one of the more recent regulars, “Tonight Show” host Jimmy Fallon.

You May Also Like:

Modern Water Mill Residence With Panoramic Water Views Sells for $22.5M

An ultramodern waterfront home in Water Mill with a rooftop deck that has panoramic water ... 3 Sep 2025 by Staff Writer

Jennifer Brew and Charlotte Sasso Join Saunders & Associates

Jennifer Brew and Charlotte Sasso, two Hamptons real estate veterans, have joined Saunders & Associates. ... 28 Aug 2025 by Staff Writer

Southampton Village Estate Sells for $16.5 Million

A traditional estate built in Southampton Village in the private community of Pheasant Pond in ... by Staff Writer

Water Mill Compound Sells for $17 Million

An approximately 3-acre Water Mill compound with two legal residences — including one that integrates ... 25 Aug 2025 by Staff Writer

Hamptons Real Estate Roundtable August 2025

At the midpoint of summer, The Express News Group asked Hamptons real estate professionals from ... 14 Aug 2025 by Moderated by Brendan J. O’Reilly

CPF and CHF Revenue for the First Half of 2025

The Peconic Bay Community Preservation Fund and Peconic Bay Community Housing Fund brought in nearly ... by Staff Writer

Waterfront Residence in Water Mill Sells for $12.63 Million

A Water Mill residence built in 1987 fronting a cove that leads to Mecox Bay ... 12 Aug 2025 by Staff Writer

Serhant Agents Form 'Hamptons Home Team'

Dawn Watson of Serhant, in collaboration with fellow agents Lisa Oehler and Catherine Smyth, has ... 5 Aug 2025 by Staff Writer

Secluded Wireless Way Estate Sells for $7.65 Million

A secluded 2.4-acre Southampton estate built in 2017 near the village has sold for $7.65 ... by Staff Writer

Emily King Joins Saunders & Associates

Emily King, a Water Mill resident since 1991 and a longtime real estate agent, has ... 1 Aug 2025 by Staff Writer