Southampton Village Estate Sells For $32 Million - 27 East

Real Estate News

Real Estate News / 1763993

Southampton Village Estate Sells For $32 Million

icon 2 Photos
137 Coopers Neck Lane, Southampton

137 Coopers Neck Lane, Southampton

137 Coopers Neck Lane, Southampton.

137 Coopers Neck Lane, Southampton. DANA SHAW

authorStaff Writer on Mar 19, 2021

A 9.2-acre estate at the head of Coopers Neck Pond in Southampton Village sold at the end of 2020 for $32 million, meeting its last asking price.

At 137 Coopers Neck Lane, the hedged property comes with a pool, tennis and four out buildings in addition to the main house. A long, gated white gravel driveway leads to the residence, a garage and the tennis pavilion. The grounds have numerous specimen trees, mature ornamental plantings, and an edible garden.

The oval pool with a brick patio and accompanying pool house is set apart from the other structures and trees around most of the pool provide privacy. A raised path leads to the pond.

The traditional-style residence has cedar shingle siding and roofing, white shutters and multiple chimneys. The kitchen is updated with white cabinetry, stone countertops and top-of-the-line stainless steel appliances. Multiple living areas and bedrooms have wood-burning fireplaces.

Corcoran’s Tim Davis had the listing.

According to The Real Estate Report Inc., the buyer’s identity is shielded by a limited liability company, but the seller was Meryl Meltzer. She and her late husband, Robert Meltzer, who died in 2017, had owned the property since the late 1980s.

Mr. Meltzer had worked for Triangle Pacific Corporation — founded by his father, Abe Meltzer — where he built up the kitchen cabinet manufacturing division to become the largest in the United States, according to his obituary in The New York Times. He was a trustee of the Institute of Architecture and Urban Studies in New York and of the Dallas Museum of Art in Texas, the former president and chairman of the American Federation of the Arts in New York and a longtime board member of the Louis Comfort Tiffany Foundation, also in New York, according to The Times. Locally, he was on the board of the Peconic Land Trust.

Mr. Davis closed another big deal in Southampton Village at year end that was revealed this week by The Real Estate Report Inc. This one was at 10 Halsey Farm Drive for $9.31 million, sold by Bruce Harting, a managing director for Deutsche Bank, to Lyrem LLC.

The 2-acre property that hosts 7,000-square-foot traditional plus pool and tennis sold for just a hair shy of its last asking price of $9.35 million. The residence has six bedroom suites, including a grand master, a living room with vaulted ceilings and south facing views, an open kitchen, a family room and a library.

You May Also Like:

Jennifer Ponzini Joins Saunders & Associates

Associate broker Jennifer Ponzini, who is licensed in both New York and Florida, has joined ... 19 Nov 2021 by Staff Writer

Parrish Pond Estate Sells For $6.2 Million

A Southampton estate in the Parrish Pond neighborhood with water views recently sold for $6.2 ... by Staff Writer

Sagaponack Traditional Sells Above Asking Price For$10.3 Million.

A Sagaponack traditional just a few doors down from Sagg Main Beach recently sold for ... by Staff Writer

Shinnecock Hills Bayfront Home Sells For $7.3 Million

A modern bayfront home in Shinnecock Hills recently sold for $7.32 million after seeking $8 ... by Staff Writer

Leos Lane Home Trades For $6.3 Million

A Southampton Village residence built in 2014 recently sold for $6.3 million, which is $1.5 ... by Staff Writer

Thiele: Concerns About Eligibility To Collect Advances For Seasonal Rentals Are Easily Remedied

The New York State Association of Realtors has raised concerns that some homeowners will not benefit from a new law that allows landlords to collect rent for the entire season upfront, but the legislation’s author explained Friday how landlords and municipalities can easily meet the law’s eligibility requirements. In September, Governor Kathy Hochul signed into law Assemblyman Fred W. Thiele Jr.’s legislation that clarifies that seasonal rentals are not subject to caps on collecting deposits and advance payments. A few requirements must be met in order for landlords to take advantage of that exemption. Tenants must occupy the rental unit ... 16 Nov 2021 by Brendan J. O’Reilly

Sagaponack’s ZIP Code Is Third Most Expensive In U.S.

Sagaponack’s 11962 is the third most expensive ZIP code in the United States, dropping one ... by Staff Writer

West End Road Residence By Roger Bullard Listed For $60M

An oceanfront residence in the Georgica section of East Hampton that was designed by the ... 15 Nov 2021 by Staff Writer

East Hampton Village Traditional Sells For $13 Million

An East Hampton Village residence just two blocks from Two Mile Hollow Beach recently sold ... by Staff Writer

OLA Receives $30,000 To Prevent Homelessness, Educate Tenants

An anonymous donor has given OLA of Eastern Long Island $30,000 to support the nonprofit organization’s efforts to prevent homelessness. The funding will enable OLA to continue its work on tenants’ rights education concerning evictions and landlord-tenant disputes. “The onset of the pandemic in early 2020 and the accompanying shutdown of many industries devastated the livelihoods of countless East End Latino immigrants,” stated an OLA release announcing the donation. “A year and a half later, these individuals and families are still struggling to make ends meet, relying on OLA for cash assistance with food and, in the most dire cases, ... 9 Nov 2021 by Staff Writer

Welcome to our new website!

To see what’s new, click “Start the Tour” to take a tour.

We welcome your feedback. Please click the
“contact/advertise” link in the menu bar to email us.

Start the Tour
Landscape view not supported
Send this to a friend