Two Bigs Sales Go Down On Ox Pasture Road - 27 East

Real Estate News

Real Estate News / 1752235

Two Bigs Sales Go Down On Ox Pasture Road

icon 3 Photos
559 Ox Pasture Road, Southampton Village.

559 Ox Pasture Road, Southampton Village.

559 Ox Pasture Road, Southampton Village.

559 Ox Pasture Road, Southampton Village. COURTESY DOUGLAS ELLIMAN

270 Ox Pasture Road, Southampton Village.

270 Ox Pasture Road, Southampton Village. COURTESY SAUNDERS & ASSOCIATES

authorStaff Writer on Jan 26, 2021

Southampton Village’s Ox Pasture Road, a long street that runs east-west across the estate section, recently saw two big sales.

First up, a waterfront estate at 559 Ox Pasture Road changed hands for an even $11 million, according to The Real Estate Report Inc.

The seven-bedroom, 8.5-bathroom shingle-style residence is 9,800 square feet on 2.3 gated acres. The property had been seeking $12.95 million.

The foyer “opens up to the sun-filled, two-story living room with north and south fireplaces,” according to the listing. A formal dining room opens to a flagstone terrace and the main level also features a gourmet kitchen with a breakfast terrace, a media room, a game room, a gym and first-floor bedroom and bath.

The second floor has a large master bedroom suite with a separate sitting room, master bath and walk-in closets. Three additional guest bedrooms are all en suite. A second-floor balcony overlooks the gunite pool and expansive lawn stretching down to the water.

The water in question at this waterfront home is Heady Creek

Above the three-car garage are two guest/staff bedrooms and baths. The grounds also include a sunken Har-Tru tennis court.

The sellers were Claudia and William Walters and the new owner is Heady Creek LLC. Mr. Williams purchased the property back in 2002 for $6.25 million and added onto the residence in 2003, according to town records.

Michaela Keszler and Erica Grossman of Douglas Elliman had the listing. The deal closed back on September 16, 2020, but the deed was only recorded recently.

At 270 Ox Pasture Road, a 4,057-square-foot residence built in 1910 on 2.7 acres sold on November 18, 2020, for $8.75 million. According to the listing, 10,000 square feet can be added to the house, and there’s room for a tennis court.

Down a gated driveway, the home has eight bedrooms and 4.5 bathrooms, and a third-floor that pre-exists zoning restrictions. The listing notes that it retains many classic details and could be “lovingly renovated,” and the original part of the house could become the guest wing.

The property also comes with a pool surrounded by an expansive patio, plus an accessory garage.

The last asking price was $9.95 million. Mark Greenwald of Saunders had the listing and he brought the buyer as well.

The seller was the estate of Monique Picot. Ms. Picot, who died in 2018, and her husband, Jean-Paul Picot, opened the French bistro La Bonne Soupe on Manhattan’s 55th Street in 1973, according to the Federation of French War Veterans.

You May Also Like:

Agency News: Dominic Couzens Joins Eklund | Gomes Team

The Eklund | Gomes Team at Douglas Elliman is growing its Hamptons division with the ... 1 May 2024 by Staff Writer

Southampton Town Board Hears Report on Tax Assessment Status

Though no action is imminent, the Southampton Town Board heard an update on a potential ... 24 Apr 2024 by Christopher Walsh

REI Presents ‘Long Island Zoning Atlas – A Map to Fix LI’s Housing Crisis?’ on May 3

The Real Estate Institute at Stony Brook University College of Business will present its spring luncheon, titled “Long Island Zoning Atlas – A Map to Fix LI’s Housing Crisis?” on Friday, May 3, at the Hilton Garden Inn on the Stony Brook University campus. The discussion on Long Island’s zoning policies and their potential impact on the region’s housing crisis will include panelists Gwen O’Shea, the president and CEO of Community Development Corp. of Long Island; Michael Florio, the CEO of Long Island Builders Institute; and Stephen Romalewski, a professor at CUNY Graduate Center. David Pennetta, the executive managing director ... by Staff Writer

Tips for Avoiding Rental Scams

Rental scams are pervasive, targeting both those seeking permanent housing and those seeking a quick getaway or seasonal lease. To help prospective tenants avoid falling prey to scams, the New York Department of State’s Division of Consumer Protection is calling attention to common rental scams. The main takeaway is this: Avoid sending money for rental properties without first verifying the legitimacy of the listing. In 2023, the FBI received 9,521 real estate/rental scam related complaints with losses of over $145 million. “In today’s highly competitive housing market, renters are often targeted by scammers who use enticing offers to steal their ... by Staff Writer

Agency News: Alexis Meadows Joins Michael Lorber Team at Douglas Elliman

Alexis Meadows has joined the Michael Lorber Team, a top-ranking real estate team at Douglas ... 22 Apr 2024 by Staff Writer

Waterview Water Mill Shingle-Style Homes Sells for $11.38 Million

A Water Mill home with a view of Burnett Creek and a dock for access ... 17 Apr 2024 by Staff Writer

Sagaponack New Construction Designed by McDonough & Conroy Sells for $6 Million

A new 8,000-square-foot home in Sagaponack has sold for $6 million preconstruction. On 3.13 acres ... 9 Apr 2024 by Staff Writer

New Book Shows Long Island’s Past With Glimpses of Future

“Making Long Island: A History of Growth and the American Dream,” by Lawrence R. Samuel ... 5 Apr 2024 by Joseph Finora

Good Things Come in Small Packages

While large houses offer more space to spread out in, a new home in East ... 3 Apr 2024 by Brendan J. O’Reilly

Culloden Point Waterfront Home Sells for $12.5 Million

On Montauk’s Culloden Point and fronting Fort Pond Bay, the home at 8 Captain Balfour ... by Staff Writer