This Week's Big Deal: Cedar Lane In Remsenburg - 27 East

Real Estate News

Real Estate News / 1405981

This Week’s Big Deal: Cedar Lane In Remsenburg

icon 1 Photo
Cedar Lane West, Remsenburg

Cedar Lane West, Remsenburg

author on Jun 20, 2016

To find the biggest deal of the past week, one has to look to Remsenburg and at what is actually three deals in one. A purchaser hiding behind three separate limited liability corporations has purchased from the estate of Jack Fishman three parcels at 74, 78, and 80 Cedar Lane West for a total of $10,875,000.

The most prominent of the properties is the Seatuck Lodge, which has undergone years of restoration and sits on the shore of Moriches Bay. Situated on 7.35 acres, the building began as a hunting lodge in the 19th century. Today, the property features towering trees, vegetable gardens, and a “Zen path.” The former lodge, now a residence, has 9 bedrooms and 8 baths, a library, study, playroom, and a sunroom. There is also a 4-bedroom, 3-bath guest house with a full kitchen. Outdoors is a heated saltwater pool, with a pool house, sauna, fitness room, and two bathrooms. There are also a boat house and a tennis court, and even an operating windmill and a chicken coop. The recently completed renovation project was undertaken by the architectural firm Austin Patterson Disston.

The lodge was built in 1890, but began to gain a reputation among hunters and vacationers in the 1910s when it was used by members of President William Howard Taft’s administration. One of them, Charles Hilles, assistant secretary of the treasury, purchased the property in 1918—six years after Woodrow Wilson had been elected to replace Mr. Taft, who had been named Chief Justice of the U.S. Supreme Court—and Seatuck became a family summer home. Mr. Hilles died in 1949, and his family sold the property the following year.

The original builder and owner of Seatuck Lodge was Alonzo Reed. No immediate name recognition? Forget those guilt feelings. He and Brainerd Kellogg were in the forefront of the effort to diagram sentences for better instruction of grammar and writing in schools. Their pioneering books were “Guided Lessons in English” and “Higher Lessons in English,” published in 1875 and 1877. Apparently, they were such hits that Mr. Reed was able to underwrite the construction of Seatuck Lodge almost two decades later.

By the way, Cedar Lane West had a busy week. Just down the street, 51 Cedar Lane West was sold to Karen Hymnovitz for just a whisker under $2 million.

A pretty decent deal was reported east of the Shinnecock Canal. For a little more than $8 million, another LLC, Permit Realty Holdings, picked up 36 Briar Path Road in the Village of East Hampton. This is in the Georgica estate area, and the house has 8 bedrooms, 8.5 baths, seven fireplaces, a library, and in case the new owner has a very active lifestyle, there are three laundry rooms.

And let’s give a shout-out to Water Mill, which gives a good effort every week to make the “big deal” list. Both going to LLCs were 24 Holly Lane for $7.7 million and 925 Flying Point Road for $5.9 million. Better luck next week!

You May Also Like:

New Build In Bridgehampton Sells For $10.5 Million

The sale of a new build in Bridgehampton that went into contract just one week ... 12 Oct 2021 by Staff Writer

New Contracts For Hamptons Home Sales Down 49 Percent In September

Newly inked deals for single-family home purchases on the South Fork were down 48.7 percent ... by Staff Writer

Rebuilt And Expanded Bridgehampton Residence Sells For $25 Million

A rebuilt and expanded 1902 ‚Äúcottage‚ÄĚ on 2.3 acres in Bridgehampton with access to Sagg ... by Staff Writer

Three Lots In Northampton Shores Hit Market As A Package Deal

In the exclusive 100-year-old Northampton Shores community in Noyac, stone and bronze sculptor Robert Hooke’s ... 5 Oct 2021 by Staff Writer

Southampton ARB Seeks To Landmark Powell Avenue Home

A split Southampton Village Board of Architectural Review and Historic Preservation has started the landmarking ... by Brendan J. O’Reilly

CPF Raises $144.7 Million In First Eight Months Of 2021

Revenues for the Peconic Bay Region Community Preservation Fund were $144.74 million during the first eight months of 2021, double the total during the same months last year. In August alone, the CPF brought in $13.45 million, a 20.5 percent year-over-year increase, according to the office of New York State Assemblyman Fred. W. Thiele Jr., which also noted that in the last 12 months, the CPF has generated $211.9 million. Each of the five East End towns maintains its own CPF, which is funded through a 2 percent tax on real estate transactions. The home-buying frenzy spurred by the COVID-19 ... by Staff Writer

Governor Has Until October 9 To Sign Or Veto Community Housing Fund Bill

The State Legislature sent Governor Kathy Hochul a bill on Tuesday, September 28, that would ... 29 Sep 2021 by Brendan J. O’Reilly

Waterfront North Haven Postmodern Sells For $7 Million

A waterfront shingled postmodern in North Haven recently sold for $7.08 million after last asking ... by Staff Writer

Thiele’s Law Passes; Landlords May Collect Rent For Whole Summer Upfront

A new state law has clarified that deposits and advance payments for seasonal rentals are not subject to caps, which means that landlords can collect rent for an entire summer upfront. Assemblyman Fred W. Thiele Jr. penned the legislation, which Governor Kathy Hochul signed last week. It was designed to make clear that limits imposed by New York State’s Housing Stability and Tenant Protection Act of 2019 only apply to permanent housing, not to vacation rentals. Prior to the Housing Stability and Tenant Protection Act, it had been common practice for East End landlords require a single payment for the ... 28 Sep 2021 by Brendan J. O’Reilly

Waterfront Traditional In North Haven Sells For $12 Million

A waterfront home in North Haven sold last week for $12 million, a record for ... 21 Sep 2021 by Staff Writer
logo

Welcome to our new website!

To see what‚Äôs new, click ‚ÄúStart the Tour‚ÄĚ to take a tour.

We welcome your feedback. Please click the
‚Äúcontact/advertise‚ÄĚ link in the menu bar to email us.

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