Two Eight-Figure Transactions Reported Recently On South Fork - 27 East

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Two Eight-Figure Transactions Reported Recently On South Fork

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author on Sep 12, 2017

It’s been a while—by Hamptons standards—between eight-figure sales in the area, but now we’ve been saved from such late-summer doldrums by two transactions on the South Fork.

In Sagaponack, 138 Seascape Lane was just sold by Christian and Marie Nagel for $16,850,000. The original ask was $19,995,000, so, see, bargains can be had at every level. The buyer’s identity is shielded by Seascape Carey LLC. It traces back to an office in Albany; there is a real estate development and investment company called the Carey Group that has offices in Manhattan and Albany.

“On a crushed seashell driveway sits the crown jewel of one of the most private waterfront streets in Sagaponack,” we’re told about the property. Designed by Stelle Lomont Rouhani Architects, the residence has views of the Atlantic and of what remains of Sagaponack farmland, on 2 acres. There are actually two structures—the main house has 6 bedrooms and 6 baths, and there is a detached pool house with a full kitchen, bathroom, and what is dubbed a “bonus room.” And, of course, there is an in-ground swimming pool.

The other eight-figure sale is 33 Mecox Lane in Water Mill. Artz Holdings LLC took it off the hands of Jaquin P. Fink for $12,750,000. The two-story, 7,132-square-foot dwelling also has 6 bedrooms and 6 baths and is on 2.4 acres. One of the more appealing features is a “west wing” study with a fireplace, powder room, wet bar (guess not much studying gets done), and leading to a casual dining room that opens up to a patio. This home has an in-ground pool, too, but curiously, no basement.

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