Two Sales, One For Sale In Unincorporated East Hampton - 27 East

Real Estate News

Real Estate News / 1502092

Two Sales, One For Sale In Unincorporated East Hampton

icon 16 Photos
290 Old Stone Highway in Springs.

290 Old Stone Highway in Springs.

290 Old Stone Highway in Springs.

290 Old Stone Highway in Springs.

290 Old Stone Highway in Springs.

290 Old Stone Highway in Springs.

290 Old Stone Highway in Springs.

290 Old Stone Highway in Springs.

290 Old Stone Highway in Springs.

290 Old Stone Highway in Springs.

290 Old Stone Highway in Springs.

290 Old Stone Highway in Springs.

290 Old Stone Highway in Springs.

290 Old Stone Highway in Springs.

290 Old Stone Highway in Springs.

290 Old Stone Highway in Springs.

290 Old Stone Highway in Springs.

290 Old Stone Highway in Springs.

290 Old Stone Highway in Springs.

290 Old Stone Highway in Springs.

290 Old Stone Highway in Springs.

290 Old Stone Highway in Springs.

290 Old Stone Highway in Springs.

290 Old Stone Highway in Springs.

290 Old Stone Highway in Springs.

290 Old Stone Highway in Springs.

290 Old Stone Highway in Springs.

290 Old Stone Highway in Springs.

290 Old Stone Highway in Springs.

290 Old Stone Highway in Springs.

5 St. Regis Court, East Hampton.

5 St. Regis Court, East Hampton.

authorStaff Writer on Jul 16, 2019

It’s time again to check in on East Hampton—just not the village.

Two sizable sales were recorded in recent weeks in the unincorporated areas abutting the village, and a home that recently hit the market is of interest not just in and of itself, but also because of its owner. Details lie ahead.

In Northwest Harbor, 5 Saint Regis Court sold for $4.55 million, $55,000 over the listed asking price.

The seller was Barcelona Beach LLC and the buyer was 5 St Regis Court LLC, according to The Real Estate Report Inc.

The 1.2-acre property with a heated pool has 140 feet of water frontage, a green lawn and a private path to the beach. The traditional 4,000-square-foot four-bedroom, 4.5-bath residence has expanses of glass for continuous water views. There is also a den, a paneled library, formal living and dining spaces, a fireplace and an attached two-car garage.

Rylan Jacka and Kathy Konzet of Sotheby’s International Realty had the listing.

And then at 388 Hands Creek Road—information is not readily available on this property—Ron Adzima, formerly a managing director for Cantor Fitzgerald and now a developer and real estate agent in Boca Raton, sold to Kyong Rhee and Nimit Sabharwal for $4 million.

But 16 Palma Terrace isn’t hiding its light under a bushel. On the fringe of the village, this 0.3-acre property has a newly built 5,100-square-foot modern farmhouse. The asking price was $3.8 million and the final sales price was $3.7 million. However, the buyer is shielded behind a limited liability company, namely the super-uncreative 16 Palma Terrace LLC.

Through a wall of glass see the floating steel staircase. The living/dining space has a fireplace and oversized glass doors allow in abundant natural light. There is also a fireplace on the covered patio. Also outside, enjoy the heated gunite pool.

Back indoors, the eat-in kitchen has professional-grade appliances and a Caesarstone island. The junior master suite is on the first floor along with a library/den, a half-bath and a mudroom. Upstairs, the master suite has a soaking tub and walk-in closet. That’s also where you’ll find two more en-suite bedrooms and the laundry. The lower level with 9-foot ceilings is finished and has an en-suite bedroom, another half-bath and a large recreation area.

New to the market in Springs is 290 Old Stone Highway, an 1887 farmhouse that belongs to Anh Duong, the French-American model, actress and artist whose 50 sculpted gold stars are on display at the new Statue of Liberty Museum on Liberty Island. The property, with views of Accabonac Harbor, is 1.5 acres and the asking price is $2.35 million.

Ms. Duong, who studied architecture at the École des Beaux-Arts in Paris, worked in collaboration with interior designer Daniel Romualdez to renovate the main house with the retention of original details. It has three bedrooms and 2.5 bathrooms and a fireplace. The renovated guest cottage has tall ceilings, an open floor plan, one bedroom, one bathroom and a kitchen.

The grounds have a rolling green lawn, a wisteria-covered porch and the original work shed.

You May Also Like:

Turn Of The Century Further Lane Residence Fetches $11 Million

A 2.4-acre East Hampton compound featuring a renovated turn of the 20th century home recently ... 10 Aug 2020 by Staff Writer

Attorney General Announces $10 Million In Housing Counseling Funds To Stave Off Foreclosure

New York State’s Homeowner Protection Program, or HOPP, now has $10 million in grant funding available for housing counseling and legal services to help protect homeowners from foreclosure in the COVID-19 pandemic. Attorney General Letitia James said in a statement Friday that HOPP connects homeowners to free, qualified mortgage-assistance relief services across New York. Ms. James noted that the Federal Housing Finance Agency reported that 170,000 homeowners asked for mortgage forbearance in the first quarter of 2020 compared to 7,000 requests in the fourth quarter of 2019. The funding supports a network of more than 80 housing counselors and legal ... 3 Aug 2020 by Staff Writer

State Legislature Passes Bill To Deter Discrimination Among Real Estate Agents

The New York State Legislature has passed legislation protecting state residents from discrimination by real estate agents, and now the bill heads to Governor Andrew Cuomo’s desk to be signed into law. Assemblyman Fred W. Thiele Jr. of Sag Harbor said in a statement this week that the bill is designed to help end discriminatory practices in the real estate industry that disproportionately affect minority homebuyers. The legislation makes clear that real estate brokers and salespersons may be fined and their licenses suspended or revoked for subjecting prospective homebuyers to discriminatory practices. Mr. Thiele’s office noted in press release that ... by Staff Writer

Rachael Ray, John Cusimano Sell Southampton Home And Land

Quick-and-easy-cooking television personality Rachael Ray and her husband, attorney and musician John Cusimano, have sold ... 31 Jul 2020 by Staff Writer

Parking Variance Request Ignites Debates Over Residential-To-Office Conversions In Sag Harbor

A request for a parking variance to convert a third-floor Main Street apartment into office ... 28 Jul 2020 by Brendan J. OReilly

Sag Harbor Architectural Review Board Sends ‘Imposing’ Madison Street Proposal Back To The Drawing Board

The Sag Harbor Village Board of Historic Preservation and Architectural Review sent plans for a ... 27 Jul 2020 by Brendan J. OReilly

Manhattan Broker Lisa Maysonet Now Working In The Hamptons

Lisa Maysonet, a top Manhattan real estate broker with Sotheby’s International Realty, is now working ... 25 Jul 2020 by Staff Writer

Officials: Updated Southampton Housing Plan Will Go Beyond Affordable Housing

Southampton Town’s updated housing plan will go beyond addressing the need for affordable housing and ... 24 Jul 2020 by Brendan J. OReilly

Second-Quarter Hamptons Home Sales Dip 13 Percent

Amid the height of the coronavirus pandemic in New York and the state mandates that ... by Brendan J. OReilly

Community Preservation Fund Revenue Up 39 Percent In First Half Of 2020

The Peconic Bay Region Community Preservation Fund collected 39 percent more revenue in the first ... 21 Jul 2020 by Staff Writer
logo

Welcome to our new website!

To see what’s new, click “Start the Tour” to take a tour.

We welcome your feedback. Please click the
“contact/advertise” link in the menu bar to email us.

Start the Tour
Landscape view not supported