'Summer House' Finds A Buyer - 27 East

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'Summer House' Finds A Buyer

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6 Olde Towne COURTESY KIM SARGENT/CORCORAN

6 Olde Towne COURTESY KIM SARGENT/CORCORAN © Kim Sargent

6 Olde Towne COURTESY KIM SARGENT/CORCORAN

6 Olde Towne COURTESY KIM SARGENT/CORCORAN © Kim Sargent

6 Olde Towne COURTESY KIM SARGENT/CORCORAN

6 Olde Towne COURTESY KIM SARGENT/CORCORAN © Kim Sargent

75 First Neck Lane, Southampton.  COURTESY TIM DAVIS

75 First Neck Lane, Southampton. COURTESY TIM DAVIS

author27east on Feb 20, 2019

We’re overdue to check in on real estate activity in the Village of Southampton, and now we’re just in time to report on a whopper.

The folks at Behind the Hedges are reporting that 6 Olde Towne Lane is in contract. The buyer and final sale price are unknown, but we can tell you the 3.84-acre property called “Summer House” was on the market for $34.95 million.

The residential compound consists of a generous 23,000 square feet with nine bedrooms and 13.5 baths. The main house comprises approximately 16,000 square feet with nine en-suite bedrooms of which two are true master suites, 10 full and three half-baths, a second-floor master suite with bath, three full staircases, an elevator, six fireplaces, both professional chef and traditional kitchens, a great room, a breakfast room, a den, a library, and an extensive loggia with retractable automatic screens. Additional square footage awaits in the lower level that features a theater, gym, basketball court, spa area with juice bar, full bath, sauna, and steam and massage rooms as well as entertainment lounge with full bar. The staff quarters feature a full kitchen, sitting room, two bedrooms each with baths en-suite, and an outdoor terrace with dining areas. The third floor includes storage and a formal staircase up to a rooftop putting green where views over the village await. The pool house features a lounge, kitchenette, two full baths, and changing room. A canopy veils the pool house terrace providing shade for dining or relaxation. The grounds offer automated security gates that open to reveal a manicured, meticulous landscape bordered by a privet hedge. A swimming pool with extensive sun-shelves for chaise lounges and a spa sit directly off the pool house terrace. Terraced entertaining spaces are set in and among vivid garden beds and open, level lawn area. A sunken, walled, and seated gas fire pit and sunken tennis court complete with decorative lattice fencing and a pergola covered viewing area augment the exterior amenities.

Tim Davis and Gary DePersia represented Kean Development Company for Corcoran. Mr. DePersia brought the buyer.

We have another eight-figure sale in Southampton to offer—111 Pheasant Lane, purchased by a limited liability company for $11.25 million, according to the Long Island Real Estate Report.

The 4,879-square-foot house on 1.92 acres in the prestigious Murray Compound has five bedrooms and six baths and adheres to the elegant shingled cottage-style of old Southampton. There is a living room with a fireplace and glass doors to the west deck, a formal dining room with a fireplace, a mahogany-paneled library with a fireplace, and an eat-in kitchen with custom-made cabinetry, commercial grade appliances, and stone counters. Adjacent to the kitchen is a screened porch that overlooks gardens and pool, and a deck has views of Wickapogue Pond. There is a heated pool surrounded by a brick patio and a pergola-covered lounge area at one end, a detached two-car garage, a sunken tennis court, and deeded access to a private ocean beach.

Wait, one more! Lisa Lee and Xiaotong Zhou are the new owners of 75 First Neck Lane after paying—apparently, with some haggling—$10,614,000, according to the Long Island Real Estate Report. Mr. Davis represented the seller.

The 9,500-square-foot dwelling on an even 2 acres has 10 bedrooms and 10.5 baths. The residence was originally built in 1895 and completely renovated in 2002 and again in 2007. The floor plan includes a large foyer opening to the formal living room with a fireplace, a sunroom that leads to an awning-covered patio, a paneled dining room, a butler’s pantry, a large eat-in gourmet kitchen, a library, and a conservatory that overlooks the lawn and gardens. There is a pool house/garden room with a full bath. The lower level of the main house includes a playroom/gym, wine cellar, and a staff suite. Accessory structures include a pool, tennis court, and a natural gas generator that powers the entire house in case of an occasional blackout or a zombie apocalypse.

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