Redcraft Estate Sells for $20 Million - 27 East

Real Estate News

Real Estate News / 2070957

Redcraft Estate Sells for $20 Million

icon 1 Photo
The Redcraft estate at 420 Ox Pasture Road, Southampton Village.

The Redcraft estate at 420 Ox Pasture Road, Southampton Village.

authorStaff Writer on Jan 18, 2023

The historic Redcraft estate in Southampton Village, restored by interior designer Steven Gambrel, recently changed hands for $20 million.

Dating back to the late 20th century, the 3.5-acre estate at 420 Ox Pasture Road was originally called Red Croft. It was built for England-born industrialist Charles Francklyn, heir to the Cunard shipping fortune, according to the listing.

A circular driveway brings visitors to the main entry of the red brick residence. Double doors open to a light-filled foyer and a reception hall with a fireplace. A center hall accesses an oversized dining room — also with a fireplace — a screened-in porch overlooking a formal garden, and a high-ceilinged family room.

A wet bar and chef’s kitchen are outfitted with top-of-the-line fixtures and appliances.

The listing says all of the first-floor rooms have French doors that open to a covered porch and terraces that run the length of the home. Upstairs, the primary suite has a formal dressing room, a bathroom with a fireplace and a private sunset-facing terrace overlooking a formal garden.

The park-like landscaping with mature horse chestnut trees, copper beech trees and hollies was designed by award-winning landscape architect Perry Guillot, who worked on the White House Rose Garden. An allée of large trees leads to a secluded pool and pool house

Between original brick walls, the nearly 1-acre formal garden with several garden “rooms” is modeled after Sissinghurst Castle Garden.

Redcraft was listed for $22 million with Susan Breitenbach of Corcoran.

The deal closed on November 17, 2022, according to The Real Estate Report Inc. The seller was Michael Raynes, and the new owner’s identity is shielded by a limited liability company.

According to town property records, the estate last sold in 2008 for $9 million.

You May Also Like:

AI Offers Up-To-The-Second Home Valuation

What if you could know your home’s precise fair market value on any given day ... 7 Dec 2023 by Brendan J. O’Reilly

Southampton Village Estate Section Modern Sells for $9.5 Million

A modern residence in Southampton Village’s estate section recently sold for $9.5 million after seeking ... by Staff Writer

Waterfront North Haven Cape Sells for $14 Million

A waterfront North Haven home fronting Sag Harbor Bay and facing Mashomack Point and the ... 5 Dec 2023 by Staff Writer

Paul Wexler Expands Health Care and Commercial Real Estate Business to the East End

Paul Wexler, the founder of Wexler Healthcare & Commercial Properties, is expanding his business from ... by Staff Writer

West Neck Residence Sells for $6.3 Million

A bayfront residence in North Sea on West Neck by Bridgehampton architect Kitty McCoy recently ... by Staff Writer

Reimagined Property in Bridgehampton Horse Country Sells for $6 Million

A reimagined Bridgehampton property recently sold for $6 million, fetching its full asking price. Set ... by Staff Writer

Source-of-Income Discrimination Comes to Forefront

While housing discrimination is not new, a variety that has relatively recently come into prominence is source-of-income discrimination. Source of income discrimination typically is when landlords or real estate agents attempt to discourage or deny someone housing because they are a voucher recipient such as Section 8, the federal government’s major program to help very low-income families, the elderly and the disabled to afford reasonable housing. Fair Housing complaints in New York State “are definitely on the rise,” said Neil B. Garfinkel, Esq., a co-founder of the Real Estate Center for Success and the managing partner of Abrams Garfinkel Margolis ... 28 Nov 2023 by Joseph Finora

State Supreme Court Upholds Planning Board’s Denial of Hill Street Subdivision

A State Supreme Court justice has upheld the Southampton Village Planning Board’s denial of a proposed Hill Street subdivision, finding that the Planning Board acted in accordance with the village’s comprehensive plan. The Planning Board voted, 3-1, on June 5 to deny the application of James Zuhusky, a former member of the village’s Zoning Board of Appeals, to subdivide contiguous properties at 550 and 554 Hill Street into three residential lots, one of which would be accessed via Captains Neck Lane and an easement over another property Zuhusky owns. The plan had previously attained ZBA approval, and that approval held ... by Brendan J. O’Reilly

Formerly a Foreclosure, A Sagaponack Estate Sells for $24.5 Million

A 3-acre Sagaponack estate updated by Kristen Farrell & Co. sold this fall for $24.5 ... 21 Nov 2023 by Staff Writer

Brick Kiln Road Residence Sells for $7.48 Million

A 8,700-square-foot shingled residence on nearly one and half gated acres in Bridgehampton has sold ... by Staff Writer