Parsonage Lane Named Most Expensive Street In The Hamptons - 27 East

Real Estate News

Real Estate News / 1392225

Parsonage Lane Named Most Expensive Street In The Hamptons

icon 4 Photos
Parsonage Lane in Sagaponack took the number one spot as the most expensive zip code on the South Fork. DANA SHAW

Parsonage Lane in Sagaponack took the number one spot as the most expensive zip code on the South Fork. DANA SHAW

Parsonage Lane in Sagaponack took the number one spot as the most expensive zip code on the South Fork. DANA SHAW

Parsonage Lane in Sagaponack took the number one spot as the most expensive zip code on the South Fork. DANA SHAW

Parsonage Lane in Sagaponack took the number one spot as the most expensive zip code on the South Fork. DANA SHAW

Parsonage Lane in Sagaponack took the number one spot as the most expensive zip code on the South Fork. DANA SHAW

Data courtesy PropertyShark.

Data courtesy PropertyShark.

author27east on Mar 25, 2019

Tracking the most expensive homes and zip codes on the South Fork is a time-honored tradition, but now PropertyShark has taken a new tack: The real estate date website has tallied the most expensive streets in the Hamptons.

PropertyShark notes that while the median home sale price in the Hamptons dropped below $1 million in 2018, two streets had their medians surpass $10 million.

Parsonage Lane in Sagaponack took the No. 1 spot with ease—the median price in 2018 was $15,087,000. Sagaponack’s 11962 was named the second most expensive zip code in the United States by PropertyShark with a median sale price of $5.5 million.

At the end of 2018, two Parsonage Lane addresses sold for $16 million or more. They were 550 Parsonage Lane by luxury home builder Jeffrey Colle and 289 Parsonage Lane by JBialsky Premiere Design & Development.

The lane runs between Sagg Main Street and Town Line Road. In addition to some of the most expensive estates that can be found on the South Fork, Parsonage Lane features agricultural preserves.

Taking the No. 2 spot is Bridgehampton’s Jobs Lane, between Dune Road and Mecox Lane, at $10,900,000.

Only streets with three or more sales in 2018 were counted, according to PropertyShark.

You May Also Like:

Quail Ridge Residents Scramble After Apartments Are Purchased for Redevelopment | 27Speaks Podcast

The tenants of Quail Ridge — the two dozen studio and one-bedroom apartments spread over ... 3 Jul 2025 by 27Speaks

Water Mill Property Where Hal Buckner and Dorothy Lichtenstein Left Their Marks Is for Sale

A Water Mill property that hosts a former dairy barn turned artist’s studio and a ... 30 Jun 2025 by Brendan J. O’Reilly

Sundays on the Bay Hits the Market

Sundays on the Bay restaurant and marina on Dune Road in Hampton Bays has hit ... 29 Jun 2025 by Staff Writer

Hamptons Rental Market Remains Alive and Well

To paraphrase Mark Twain, reports of the demise of the Hamptons summer-rental market are greatly exaggerated. “Any hint that the Hamptons rental market is anything but robust is completely wrong,” said Corcoran associate broker Gary DePersia in East Hampton. An interesting dynamic is stirring in the Hamptons vacation-rental market. Although there has been an unprecedented rise in short-term rentals and the aftershocks of the COVID-19 pandemic linger, it has been a bumper crop year for Wall Street, interest rates have remained steady and a new breed of demanding customer is emerging. Despite it all, the Hamptons vacation-rental market remains as ... 19 Jun 2025 by Joseph Finora

Jon Vaccari Joins Noble Black & Partners at Douglas Elliman

Jon Vaccari, a longtime resident of Sag Harbor, has joined Noble Black & Partners at ... 18 Jun 2025 by Staff Writer

Appeals Court Sides With Landowner Over Southampton Village ZBA

Southampton Village has lost an appeal that sought to reinstate a Zoning Board of Appeals ... 12 Jun 2025 by Brendan J. O’Reilly

Last Parcel of Startop Ranch in Montauk Sells

The last plot of land at Startop Ranch in Montauk, 107 Startop Drive, has sold ... by Staff Writer

Hamptons Real Estate Roundtable, Memorial Day Weekend 2025 Edition

With Memorial Day weekend about to kick the Hamptons into high season, The Express News ... 22 May 2025 by Moderated by Brendan J. O’Reilly

Au-Delà Real Estate Vows To Go 'Beyond'

Au-Delà Real Estate, a new boutique real estate firm based in East Hampton, is now ... 20 May 2025 by Brendan J. O’Reilly

AI Helps Rental Seekers Find Homes That Match Their Aesthetic Preferences

Consumers increasingly have an expectation of superior, more personalized service based on their own particular ... by Steven Loeb