This Historic Five-Acre East Hampton Estate Just Sold for $25 Million
By Laura Euler
April 20, 2017

This pretty colonial style house was built in 1931 by Aymar Embury II, an architect best known now for working closely with Robert Moses designing structures for New York City parks. Interestingly, this is the first time it’s ever been sold in its history; it’s belonged to family members since it was built. With a generous 5.5 acre plot, the property stretches from Middle Lane to Further Lane.

All photos courtesy Elliman

The property, represented by Paul Brennan of Douglas Elliman, was originally listed for $38.5 million back in 2012; last asking price was $29.95 million but scuttlebutt has it that the actual trade was around $25 million. It’s a big sale, to be sure, but prices are certainly more realistic now than they were five years ago.

Part of the issue with the sale is that the old house needs work, as they tend to do. But the lovely old place is eminently worth restoring: there’s 8,268 square feet of space, with six bedrooms, and five full and three half bathrooms. The style is elegant and formal, something that’s a bit out of fashion at the moment. Outside, there’s a  pool, guest house, a pond, acres of rolling lawn, and lovely old specimen trees.

For more, click here32 Middle Lane, East Hampton

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