The Cost Of Waterfront: $18 Million Georgica Pond Sale Fetches Almost $4K Per Square Foot - 27 East

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The Cost Of Waterfront: $18 Million Georgica Pond Sale Fetches Almost $4K Per Square Foot

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92 Georgica Close Road, East Hampton. COURTESY BESPOKE REAL ESTATE

92 Georgica Close Road, East Hampton. COURTESY BESPOKE REAL ESTATE

92 Georgica Close Road, East Hampton. COURTESY BESPOKE REAL ESTATE

92 Georgica Close Road, East Hampton. COURTESY BESPOKE REAL ESTATE

92 Georgica Close Road, East Hampton. COURTESY BESPOKE REAL ESTATE

92 Georgica Close Road, East Hampton. COURTESY BESPOKE REAL ESTATE

92 Georgica Close Road, East Hampton. COURTESY BESPOKE REAL ESTATE

92 Georgica Close Road, East Hampton. COURTESY BESPOKE REAL ESTATE

92 Georgica Close Road, East Hampton. COURTESY BESPOKE REAL ESTATE

92 Georgica Close Road, East Hampton. COURTESY BESPOKE REAL ESTATE

92 Georgica Close Road, East Hampton. COURTESY BESPOKE REAL ESTATE

92 Georgica Close Road, East Hampton. COURTESY BESPOKE REAL ESTATE

authorStaff Writer on Feb 15, 2022

One of the latest sales on Georgica Pond couldn’t be more about location — and what can, ultimately, be built at it.

Listed with Bespoke, the current 4,700-square-foot, five-bed, six-bath home at 92 Georgica Close Road in East Hampton sold for a whopping $18 million — that’s over $3,800 per square foot — on December 30, trading hands between seller Walter Weil and buyer Eric Kenneth Seiff, according to the Real Estate Report Inc.

But what’s more remarkable is the 3.67-acre, southwest-facing lot it sits on — where zoning allows for up to a 16,000-square-foot, two-story residence to be built there, along the 583 feet of Georgica Pond frontage. As it stands, though, amenities also include a new, 29-foot-long dock, a tennis court, detached two-car garage, and a Gunite pool.

“This stunning property offers an unrivaled opportunity to own a waterfront home on Georgica Pond,” according to the listing.

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