According to a few recently published accounts, these are leaner times in Hamptons real estate.
Property owners in North Haven might not agree. One just sold a house on 1.9 acres in that peninsula village. And with a price tag of $9.4 million, it was easily the top deal reported last week.
The 7,400-square-foot traditional on Ezekills Hollow reflects the emerging trend of bladder-challenged buyers of wanting more bathrooms (7.5) than bedrooms (5).
The master suite has an adjoining office, for those who can’t begin the work day fast enough, and there are formal dining and living rooms, a custom eat-in kitchen with a large pantry, a wine room, exercise room, and entertaining can be done in the large atrium with a fireplace. The exterior boasts bluestone patios, covered porches, an in-ground heated pool, a spa, attached two-car garage, the community’s private beach and tennis courts, and lovely water views.
The new owner is Peter Worth. In 1979, he founded American Benefits Consulting, an employee benefits consulting firm in New York. At least some of the purchase price came from Alliant Insurance Services, a company based in Newport Beach, California, that in 2015 acquired ABC and kept Mr. Worth on as vice chairman.
For those readers dying to know what the second-biggest deal reported last week was, the answer is an estate on Meadow Lane in Southampton. For $4,475,000, the buyer, shielded by a limited liability company, now has a home built a decade ago that is just under 3,000 square feet on 1.74 acres, with 4 bedrooms and, of course, a water view.