Water Mill Wakes Up - 27 East

Real Estate News

Real Estate News / 1397826

Water Mill Wakes Up

icon 3 Photos

author27east on Mar 7, 2018

The hamlet of Water Mill had tried for a full winter of hibernation, but a flurry of recent transactions has meant an early spring wake-up. Leading the charge is 81 Wheaton Way, which sold for $6,950,000.

Purchased by Joyce and Kenneth Siegel, the 5,537-square-foot residence south of the highway on 1.7 acres includes 4 bedrooms and 4.5 baths. Overlooking an agricultural reserve, it also benefits from being on a quiet cul-de-sac. Designed by Southampton architect Bruce Nagel to maximize the unobstructed views, the house features a double-height entry and great room with fireplace that opens to expansive covered and open patios. The main floor includes a deluxe chef’s eat-in kitchen with adjacent family room opening to the pool, an open formal dining room with fireplace, three spacious en-suite bedrooms, a powder room, a laundry room and a mudroom. Upstairs, the master suite with spacious marble bath and dressing room has waterfront views. Other amenities include a 3,000-bottle wine cellar, a heated in-ground pool, a pool cabana, an elevator servicing all three floors, and landscaping by Ed Hollander of Sag Harbor.

Also ready for spring is 39 Georgian Lane, acquired by Michelle Felman for $4,275,000. On 0.74 acre, the 3,500-square-foot manse has 5 bedrooms and 5 baths. A private lane leads to the residence, and the first floor features an open floor plan with cedar beamed vaulted ceiling and walls, a dining area for entertaining, an eat-in kitchen with top-of-the-line stainless appliances, and a media area with fireplace. The lower level offers a second media area, a workout space, a laundry room and a full bath. The grounds are highlighted by mature landscaping, a free-form pool, an outdoor grilling station and a dining pavilion with fireplace. Immediate proximity to deeded water access allows for kayaking, paddleboarding, and canoeing.

And as perky as a crocus is 1155 Noyac Path, now owned by J. Joseph and Jordana Jacobson thanks to springing for $3,950,000. At 7,414 square feet, the house has 7 bedrooms and 8.5 baths on a bountiful 7.9 acres. The vast estate features a manicured landscape with a heated in-ground pool, a pool house and a sunken tennis court with spectator veranda. There is a beautiful entry with parquet herringbone flooring and rich hardwood floors throughout. The new owners will enjoy an elegant living room, a formal dining room with coffered ceiling, a spacious gourmet kitchen open to a family room with fireplace, and a media room. There are top-of-the-line systems throughout—including video monitoring—in this gated estate.

You May Also Like:

Hamptons Median Home Price Reaches $2 Million for the First Time

The first-quarter home sales reports for the Hamptons real estate market are in, and it’s positive news all around. The number of sales, the median sales price and the amount of inventory were all up, according to three different reports issued by area real estate firms. For the first time, the median sales price on the South Fork reached $2 million. The Elliman Report found that the $1 million to $5 million range dominated the Hamptons market, with sales nearly doubling. Across all price points, it was the sixth consecutive quarter of annual sales gains, and the number of sales ... 30 Apr 2025 by Brendan J. O’Reilly

UK Developer Buys Further Lane Property for $12 Million, Begins To Build Anew

At the end of last year, Paul Brennan and Martha Gundersen of Douglas Elliman quietly ... by Staff Writer

Going Once, Going Twice: Auctions Are an Alternative to Traditional Real Estate Listings

In the ultra-luxury market, the delta between a seller’s lofty expectations and the price that ... 23 Apr 2025 by Brendan J. O’Reilly

Agency News: Agnes Wanielista Joins Douglas Elliman

Agnes Wanielista, a salesperson with 10 years of experience in luxury real estate, has joined ... by Staff Writer

1884 Rosemary Lodge Hits the Market

A Water Mill house that was built in 1884 and was listed on the National ... 15 Apr 2025 by Brendan J. O’Reilly

Real Estate, Money and You

“Real Estate, Money and You,” a real estate investment seminar, was hosted by Douglas Elliman ... 10 Apr 2025 by Kelly Ann Smith

Ellie Awards Recognize Top Performers

On Wednesday, March 19, Douglas Elliman announced the winners of the 2025 Ellie Awards, which honor the firm’s top-performing agents throughout the nation. “Since stepping into this role at Douglas Elliman, I have been deeply inspired by the dedication and resilience our agents show every day as they navigate an ever-changing market,” said Michael S. Liebowitz, the president and CEO of Douglas Elliman Inc. “Their expertise, entrepreneurial drive, and commitment to excellence not only set them apart as real estate professionals — they are the source of our reputation for providing the highest level of client service. I look forward ... 26 Mar 2025 by Staff Writer

East Hampton's Butterfly House Is on the Market

An East Hampton home known as Butterfly House, which exhibits the butterfly roof design that ... 21 Mar 2025 by Staff Writer

Newsletter Spotlights South Fork Land Use Laws

The mention of land use and zoning may cause the eyes of some people to ... 12 Mar 2025 by Brendan J. O’Reilly

Original North Haven Shores Model Home Hits the Market

One of the original model homes in the North Haven Shores community developed in the ... 11 Mar 2025 by Staff Writer