Traditional In Fordune Goes For $13.49 Million - 27 East

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Traditional In Fordune Goes For $13.49 Million

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122 Jule Pond Drive, Water Mill.  COURTESY GEIR MAGNUSSON FOR THE CORCORAN GROUP

122 Jule Pond Drive, Water Mill. COURTESY GEIR MAGNUSSON FOR THE CORCORAN GROUP

authorStaff Writer on Jun 14, 2022

A shingle-style traditional in Water Mill’s exclusive Fordune enclave recently sold for $13.49 million — or $4.49 million more that the price when it changed hands eight years ago.

At 122 Jule Pond Drive, the custom-designed 8,600-square-foot residence has sunset views over a scenic pond, open fields and the ocean, according to the listing.

It offers seven bedrooms and eight and a half baths, including a master suite. A kitchen, media room, sunroom and formal dining and great room open to the terracing lawns, gardens and 50-foot pool and spa. It has four fireplaces throughout, and an elevator.

Tim Davis and Emily Demone of Corcoran had the listing.

“Just some of what makes this property so special is that it’s surrounded by beautiful indigenous plants and wildlife, particularly many species of birds and waterfowl,” Demone said. “The home is positioned to take a front-row seat for some of the most spectacular sunsets and with deeded ocean access. You are mere steps from the Atlantic Ocean.”

When the property was listed last year, the asking price was $13.95 million. It last traded in 2014, when the sales price was $9 million.

The recent deal closed on March 16, trading from one limited liability company to another, according to The Real Estate Report Inc.

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