Sagaponack Estate Sells for $9.5 Million - 27 East

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Sagaponack Estate Sells for $9.5 Million

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124 Hedges Lane in Sagaponack recently sold for $9.5 million.  COURTESY HEDGEROW EXCLUSIVE PROPERTIES

124 Hedges Lane in Sagaponack recently sold for $9.5 million. COURTESY HEDGEROW EXCLUSIVE PROPERTIES

124 Hedges Lane in Sagaponack recently sold for $9.5 million.  COURTESY HEDGEROW EXCLUSIVE PROPERTIES

124 Hedges Lane in Sagaponack recently sold for $9.5 million. COURTESY HEDGEROW EXCLUSIVE PROPERTIES

124 Hedges Lane in Sagaponack recently sold for $9.5 million.  COURTESY HEDGEROW EXCLUSIVE PROPERTIES

124 Hedges Lane in Sagaponack recently sold for $9.5 million. COURTESY HEDGEROW EXCLUSIVE PROPERTIES

124 Hedges Lane in Sagaponack recently sold for $9.5 million.  COURTESY HEDGEROW EXCLUSIVE PROPERTIES

124 Hedges Lane in Sagaponack recently sold for $9.5 million. COURTESY HEDGEROW EXCLUSIVE PROPERTIES

authorStaff Writer on Feb 6, 2024

A 1.45-acre estate in Sagaponack down a private drive on an agricultural reserve has sold for $9.5 million.

Built in 2008 at 124 Hedges Lane, the 6,200-square-foot shingled residence has five bedrooms, five and a half bathrooms, and room for expansion.

The entry foyer leads to a double height living room “flooded with natural light,” according to the listing. A first-floor en suite junior primary bedroom offers access to the wraparound porch and backyard. Additional living spaces include a gourmet chef’s kitchen with dining for eight, and a den. A large screened porch for relaxing and dining is adjacent to the kitchen. A two-car garage is attached and includes a mudroom and laundry room.

The primary suite is upstairs with a private terrace that overlooks a bordering reserve. The large primary bathroom has a double vanity, jacuzzi tub and shower. Rounding out the second story are three guest bedrooms.

The finished lower level features a fitness area, a full bathroom with steam shower, a wet bar with a wine fridge, and a recreation room.

A heated saltwater gunite pool and a bocce court under mature cherry trees are among the outdoor amenities. There is also room for tennis.

Terry Cohen of Hedgerow Exclusive Properties had the listing.

“This private charming estate off the road in Sagaponack is such a special property,” Cohen said. “Close to the beach with mature landscaping and reserve bordering, it truly has it all! Both sides are happy with the deal, which is always welcome feedback in Hamptons real estate.”

Cathy Tweedy of Saunders & Associates brought the buyer.

The deal closed on November 29, 2023, according to Suffolk Vision Inc., which reported the sellers were Jeffrey Hornstein and Ruth Raisman, and the new owner is a limited liability company.

The listing had a $12.5 million price tag back in the spring of 2023. The last asking price was $11 million.

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