Quogue Compound Getting Prepped For Summer

“Weathervane Estates,” a partially-developed, five-lot enclave in Quogue that was auctioned off last November, is now being offered under a new name, “Quogue Mews.”

With an opening bid of $3.7 million, the approximately 2.5-acre development had sold for $5.6 million, including taxes and fees.

The buyer was Barry Altman, owner of the Builder Inc. and Quality Crafted Homes of Southampton.

At 52 Quogue Street, the property includes three homes that are in various stages of completion, as well as two vacant lots that have approved site plans. Two of the homes are slated to be completed by the summer, according to Marcia Altman, a broker with Brown Harris Stevens and the wife of Mr. Altman, who is representing the property.

Each of the three partially completed homes has four bedrooms and 4.5 baths, and they range in size from 3,577 square feet to 3,800 square feet.

Ms. Altman explained that the enclave will be a condominium, with shared maintenance for road and snow removal. “The anchor of the property is the original weathervane home, which was the Jessup homestead,” she said. “It is one of the oldest homes in Quogue.”

She said the 3,800-square-foot historic homestead dates back more than 170 years. The home was 90 percent restored at the time of the auction, and it is one of the homes that will be ready this summer.

“You have what feels like a vintage home, but it has all the millennium amenities,” said Ms. Altman, mentioning remote-control home automation systems and a Sonos music system, as well as a heated pool and spa.

The homestead is listed at $3.35 million, and the other homes will be priced similarly but have not yet been listed. Still to be determined is whether the two vacant lots will be developed or sold as is.

The two original developers of the Quogue property could not see eye to eye, auctioneer Richard Maltz had explained back in November. They started the project in 2007, spending $4 million for the subdivision and then spent “millions upon millions” in construction, Mr. Maltz said. Ultimately, their business relationship dissolved, resulting in the auction.