Behind The Hedges Jackie Kennedy’s Summer House Lasata Has its Price Cut $5 Million

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Jackie Kennedy
Jackie Kennedy’s Summer House Lasata Has its Price Cut $5 Million
September 20, 2017
Lasata, the childhood summer home of Jackie Kennedy Onassis, has just dropped its price again. The former Bouvier estate on Further Lane in East Hampton debuted on the market in May for $52 million. That was the price for the house and 11 acres of land. (The house plus seven acres is available separately, as is the four-acre plot containing the tennis court.) The price was cut in June by $5 million, and now again, down to $42 million. The house is now $35 million and the four acre plot is $12 million. [caption id="attachment_63842" align="alignnone" width="750"] All photos via Elliman[/caption] Lasata (which allegedly means "Place of Peace") was built around 1915 in the Arts and Crafts style. The patriarch of the family that produced such disparate characters as Jackie Kennedy Onassis, Little Edie Beale, and Lee Radziwill, was John Vernou Bouvier Jr. (aka "The Major"), a successful lawyer who married an heiress. He purchased Lasata in 1925. Young Jackie spent summers at the house, showing her dogs in East Hampton and jumping ponies, and she loved the place even after it was sold after The Major's death. The house, repped by Susan Breitenbach at Corcoran and Carol Nobbs and Eileen Oneill at Elliman, was restored by its current owners when they purchased it 10 years ago, along with its guest house, pool house and garage. They have respected the house’s original Arts and Crafts style using vintage Tiffany lighting and Stickley furniture in the kitchen. The fine old grounds, with rolling green lawns and mature trees including linden, London planes, cork and American elm trees, are a fitting setting for the house. The house boasts ten bedrooms, ten baths, and two half baths in 8500 square feet. Not enough space? There’s a one-bedroom guest house, two-bedroom poolhouse, and a three car detached garage. The estate is still spectacular, but is not waterfront. It's sui generis, so it's hard to say whether anyone will bite at $42 million. For more, click here. 121 Further Lane, East Hampton
Cute Amagansett
Cute Amagansett Dunes Cottage is Yours for $2.525 Million
September 19, 2017
If anyone out there is looking for a project or a flip, we think this cute Amagansett Dunes place offers some scope for added value. (That is, it could use some minor sprucing up.) Repped by Kristi Law at Sotheby's, the property has a fairly big plot for the Dunes at 0.42 of an acre, and it boasts a freeform gunite pool. Not all Dunes properties have the space for one. [caption id="attachment_63827" align="alignnone" width="750"] All photos via Sotheby's[/caption] The house is fairly small at 1355 square feet; it's currently configured as a two bedroom with 1.5 baths. There's also loft space with a bed in it. Possibly the house could be renovated to create better use of the space, and the one-car attached garage might be better utilized as living space. The great room is light and airy with exposed beams and a woodburning fireplace. The kitchen and eating area are both spacious enough, but definitely need updating; we think the bathroom is fine as is. Asking price is $2.525, which we think is fair for what you're getting. What say you? Let us know in the comments. For more, click here. 27 Hampton Lane, Amagansett
Stable Your Nags in Style in This Riverhead Equestrian Complex
September 15, 2017
We recently had a long chat with agent Sharyn Guzzi at Long Island Horse Properties about what equine lovers are looking for in a home. One question we had: is the barn or the actual house more important to horse people? She chuckled. Many of her customers insist on seeing the barn and horse facilities before they see the actual house. After all, you can always renovate a house. [caption id="attachment_63821" align="alignnone" width="600"] All photos via NestSeekers[/caption] This 19.3 acre property, represented by Linda Kouzoujian at Nestseekers, in Riverhead includes a three-bedroom, two bath home, but it's clear that the barns are the stars of this listing. The newest one, built in 2012, offers 20 oversized stalls, each spacious enough for a mare and foal. There are two indoor stalls with drying heaters as well as a farrier/vetting area. A fire detection system keeps everything safe and a webcam enables you to look at your horse any time via the Internet or your smartphone. There's an indoor riding arena, 15 acres of paddocks, and a flat area to be used for dressage or pleasure riding. There are also two frame barns, three sheds and one pump house, along with the existing home for the mere humans. Price for all this is a comparatively reasonable $2.89 million. For more, click here1258 Middle Road, Riverhead
Carmen Marc Valvo
Designer Carmen Marc Valvo Lists His Bayfront Bridgehampton Home
September 14, 2017
Best known for bridal and evening wear, fashion designer Carmen Marc Valvo is the owner of this quirky home on Mecox Bay. The house, simple and pale on the inside (with what must be more house plants than we've seen in a long, long while) is oriented to the bay views. Most rooms in the 4500 square foot house, repped by Beate Moore at Sotheby's, seem oriented to the bay view with large windows and French doors. [caption id="attachment_63802" align="alignnone" width="333"] All photos via Sotheby's[/caption] As you can guess from all those houseplants, the one acre of land around the property is filled with pretty gardens, which includes a koi pond and a fountain. Next to the gunite pool is a very pretty pergola as a dining area along with a built-in BBQ. There's also a pool house with wine cellar attached to the house via what the listing calls a glass breezeway but we're calling a conservatory. There's a dock on the bay and a detached garage with bonus room with full bath. Asking price for all this? $8.25 million. We're unsure about that--it sounds a little high. What do you think? For more, click here111 Pointe Mecox Lane, Bridgehampton
Lori MacGarva and Her Team Join Town & Country Real Estate
September 13, 2017
East Hampton agent Lori MacGarva and her team—Larissa Troy, Elaine Micali, and April Sanicola—have joined Town & Country Real Estate. Formerly with Douglas Elliman, Lori said, “We are so pleased to join Town & Country. Knowing Judi for many years and watching what her staff has done for their agents made our decision an easy one.” Judi Desiderio, president of Town & Country, commented, "We are so excited about Lori, Larissa, Elaine and April bringing their expansive reach spanning both forks and in particular Lori's vast experience in our industry. Having such a seasoned successful broker choose to grow her business here at Town & Country speaks volumes.” Congrats and good luck to Lori, Larissa, Elaine and April!
1830s farmhouse
An 1830s Farmhouse in Orient Will Charm the Socks off You
September 13, 2017
With many original details (woodwork! hardware!), this 1830s farmhouse is supremely lovable and winsome. Of course, it does have some drawbacks as well. As with many old homes, it's right on the main road, Route 25. That's probably the biggie. The long, narrow galley kitchen isn't what most people want today, and the house is not huge at 1626 square feet, and the lot, at 0.46 of an acre, isn't huge either. [caption id="attachment_63789" align="alignnone" width="750"] All photos via Daniel Gale[/caption] But not everyone wants huge. Besides the main house, which offers three bedrooms and two baths, along with copious sitting areas, there's a two-story barn with two half baths which could be used as an art studio or workshop. There are three fireplaces: one gas and two woodburning. Outside, there's a deck and a 20 x 40 pool. Asking price for the property, represented by Janet Markarian at Daniel Gale / Sotheby's, is $1.175 million. Does that sound about right to you? Let us know what you think in the comments. For more, click here25825 Main Road, Orient
Veteran Broker Gioia DiPaolo Joins Sotheby’s in Sag Harbor
September 13, 2017
With 21 years of experience brokering deals in the Hamptons, Gioia DiPaolo has built a stellar reputation in the real estate world. Most recently a manager at Douglas Elliman overseeing 20 agents, she has now joined Sotheby’s International Realty's Sag Harbor office. A Licensed Associate Broker, Gioia is also known for her ability to market and sell unique properties in areas from the North Fork to the South Fork, having brokered both the Castello di Borghese Vineyard in Cutchogue and the Saks Fifth Avenue building in Southampton, as well as properties from Southampton to Montauk. Before going into real estate, Gioia worked in the fashion industry where she designed and manufactured her own lines with accounts such as Neiman Marcus, Saks Fifth Avenue, Bloomingdales and Macy's. Gioia says that today, she's just as enthusiastic about Hamptons real estate as ever. Congrats!
Amagansett Lanes
Bowled Over by Three Properties in the Amagansett Lanes
September 12, 2017
The Amagansett Lanes are the attractive grid of streets ranging from Indian Wells Highway to Atlantic Avenue, south of Montauk Highway to Bluff Road. Most plot sizes are a half-acre. Twenty years ago, a teardown on a half-acre would cost between $250K to $500K. Well, the 90s are over and today, those same teardowns run between $2 and $3 million. Currently there are about 20 Amagansett Lanes homes on the market, with asking prices ranging from $2.5 million to $10 million. We thought we'd take a look at some around the median price points, $5 million to $8 million. All are represented by Gary DePersia at Corcoran. [caption id="attachment_63757" align="alignnone" width="750"]Amagansett Lanes All photos, via Corcoran, are by Chris Foster, except for aerials taken by Dead on Design.[/caption] First up is this very charming vintage home built in 1927 and asking $5 million. The original cottage has been expanded over the years to include 4500 square feet on four floors. There's a large new kitchen, a new master wing with covered porch and a finished lower level. There are four bedrooms in all, but if that's not enough space, there's a legal one-bedroom guest cottage near the pool pavilion. For more, click here31 Meeting House Lane, Amagansett
Next up is a newly renovated house originally built in 2002. Asking $5.75 million, the 5100 square foot house includes many high end details, such as a finished lower level offering a full bath with steam shower, gym, media room, and spa room embellished with custom sauna and massage table. There are two master suites to choose from: one on the ground floor and one on the second floor. Both include fireplaces and stylish baths, along with outdoor space. There are three more guest suites upstairs. Outside, there's a saltwater pool and spa with a cabana offering a full bath and kitchenette. For more, click here56 Hedges Lane, Amagansett
The last house in our Lanes trio is an impressive large home off Further Lane asking $8 million. It offers 6 bedrooms and 8 baths in 8000 square feet. The plot size is larger too, at 1.5 acres. This house too offers ground floor and second floor masters with fireplaces and a finished lower level with media room and "staff lounge." The lovely grounds include plenty of stone patios and brick walls, while the spa offers its own pergola'd seating area. For more, click here18 Further Court, Amagansett
Handsome Gut Reno
A Handsome Gut Reno in Water Mill is Now Down $1.5 Million
September 11, 2017
This property, which is a well-done, handsome gut reno of a 90s property, has been on the market for close to two years now. We assume the only issue holding the listing back from a sale has been the price--oh, well, maybe also because the street it's on, Holly Lane, is for sale, but we don't think that's a big factor. If so, the recent price cut of another $500K, down to $9.5 million, can only help. The property is currently repped by Scott Bartlett at Bespoke Real Estate. [caption id="attachment_63745" align="alignnone" width="750"] All photos re Bespoke RE[/caption] Why do we think price is the only issue? It's a really quite lovely house on a tony street. Not waterfront, and the plot is a slightly skimpy one acre, with a pool, but no tennis or pool house. The listing notes that "Electric, Plumbing and Architect's Drawings for Legally Zoned FUTURE 12 x 20' Pool House and Spa, Outdoor Fire Pit" exist. Plus, the pool is a good sized 16' x 50'. The house is a generously sized 7000 square feet, with 6 bedrooms and 8.5 baths. The interiors are all pale, spare, and simple, exactly the kind of taste buyers want now, with bleached oak floors, white marble kitchen counters, and black granite accents. The transitional style interiors aren't fiercely modern, so will go with many decor styles. What do you think of the place? Is the latest price cut going to do the trick? For more, click here. 10 Holly Lane, Water Mill
seven sisters
Another of Montauk’s Seven Sisters is for Sale, Asking $16.25 Million
September 08, 2017
If you're dying for a piece of classic Montauk Seven Sisters architecture and can't swing the $62 million Dick Cavett is asking for neighboring Tick Hall, the Andrews House might suit you. It's been listed by Rylan Jacka and Mark Webb with Sotheby’s for $16.25 million. It had been listed for sale a couple years ago asking $2.25 million more. [caption id="attachment_63730" align="alignnone" width="750"] All photos via Sotheby's[/caption] What are the Seven Sisters? In 1879, a real estate developer called Arthur Benson bought virtually all of Montauk. He decided to turn the best area of it into a private hunting and fishing enclave for his friends. Benson hired Frederick Law Olmsted to design the landscaping and a young architectural firm, McKim, Mead & White, whose most famous member today is of course Stanford White, to design the houses. Seven houses (including this one and Tick Hall) were built for Benson and six friends, along with a central clubhouse, where food was prepared and laundry done. The area is now a historic district. Today, the Montauk Association houses are considered important examples of the Shingle Style, a distinctive American architecture. This house was originally owned by William L. Andrews, founder of the Grolier Club in Manhattan. It was virtually rebuilt by Francis Fleetwood in 1992, with a kitchen wing added (original kitchens were tiny because the owners generally ate at the clubhouse). Back then, Roberta Gosman Donovan owned the house; she sold it in December 2012 for $7 million. That's one reason we're skeptical about the asking price: the house, while impressive at 3800 square feet, contains only four bedrooms and 2.5 baths. There's no pool, but it's probably OK to add one on the 2.3 acres of oceanview but not oceanfront land. For more, click here. 153 Deforest Road, Montauk
Carl Quintanilla
CNBC Anchor Carl Quintanilla Buys in Bridgehampton
September 07, 2017
Emmy-winning CNBC anchor Carl Quintanilla and his wife Judy Chung, a product manager at Ralph Lauren, have just purchased a Barn & Vine home for $3.325 million. The home was listed with agents Aaron Curti, Raphael Avigdor, and James Peyton of Douglas Elliman. The new construction (which sadly means we looky loos can't get a glimpse inside; just an exterior rendering is available) offers 4200 square feet of living space, with seven bedrooms and 6.5 bathrooms on just under one acre of land. The Manor, one of Barn & Vine's newer models, includes a finished lower level. Outside, there’s a bluestone patio and heated gunite pool. One great part of Barn & Vine, of course, is the concierge services available, from airport pickups to restaurant reservations. Perfect for high-flying city couples like Quintanilla and Chung. Welcome to the Hamptons, guys! For more, click here.
Morpurgo House
Sag Harbor’s Morpurgo House Finally Has a Bright Future
September 06, 2017
The village of Sag Harbor is filled with interesting houses in a variety of architectural styles dating back several hundred years: from simple colonials to Greek Revivals to Italianate flourishes. Well-loved, almost all are spruce and in good shape. Except for one, an old house on Union Street with possibly the most extraordinary history of all. For years the house stood empty, crumbling and abandoned, with caved in ceilings, missing doors, and holes in the floor; a sign stating the house was unfit for human occupation was posted to the front. As recently as 2016, the house seemed destined only for the wrecking ball. But now Morpurgo House is being renovated and made fit for a new century, and in doing so is giving up many of its secrets. Long thought to be built between 1850 and 1860, when the Italianate style of the house’s exterior was popular, the house’s origins have recently been pushed back a hundred years. Pre-Revolutionary details in the basement, such as massive foundation stones, 18th century nails, and distinctive beams point to a date around 1750. The house was then renovated in the 1840s, 1870s, and the 20th century as the needs of its inhabitants changed. Rob Walford of Breskin Development, who currently own the house and are renovating it, says “Our biggest surprise was the condition of the oldest part of the house. It is in excellent condition and very sound. The post and beam frame of the house will last for another 250 years now that the house is being maintained. There are homes in England framed similarly that are 700 years old.” They knew how to build in the old days. It may have been built originally for Captain John Hulbert, a Revolutionary War hero who designed one of the first American flags with stars and bars. Captain Hulbert was guarding sheep in Montauk in August 1775 when the British came down from Boston to get supplies. Captain Hulbert and his men fooled the enemy (located in Fort Pond Bay) into thinking there were many more soldiers than there actually were by marching and turning their coats around. The British left, deciding the sheep weren’t worth the fight. During the 1870s into the 20th century, the house was a summer hotel operated by the Lobstein family. In 1965 the house, then divided into eight apartments, was purchased by the Morpurgo family. Two sisters, Annselm and Helga Morpurgo, inherited from their parents in 1975. Annselm owned two-thirds of the house and Helga the other third. But the sisters did not have the money to keep up the 3900 square foot house and its condition began to suffer. They leased seven of the apartments and Annselm lived in the eighth. In the late 1990s, the John Jermain Memorial Library, which is next door, was interested in buying the property to expand the library. But the sisters and the library could not agree on a price. In 2003, the Morpurgos decided to auction the house with a minimum bid of $1.5 million. No bids were tendered. Then the sisters fell out. Helga wanted to sell the house: taxes were not being paid and the condition of the place grew worse and worse. Annselm wanted a certain amount of money, however, which no one was willing to pay. The sisters then sued one another. The house was put up for auction twice more, in 2005 and 2006, with no bids. Finally, in 2007, the house was sold to an LLC for $1.46 million. Annselm filed an injunction against the sale, but the judge tossed it. Eventually she and Helga each received 37 percent of the sales proceeds, with the rest going to satisfy back taxes. Annselm kept living in the house until she was evicted in 2008. The house continued to deteriorate. The new owners did nothing to improve it; they were soon being foreclosed upon. The house changed hands again, and then again, with investors planning to restore the home. Finally, desperate, the village considered demolishing the house. Now, though, the house finally has a future. It’s owned by Breskin Development, and work has begun to restore it. Rob Walford says, “The Morpurgo house had been seriously neglected for decades. The rear section of the house was collapsing onto itself and left as is would ultimately undermine the integrity of the entire structure. Fortunately, the previous owners had spent the last two years having some amazing architectural plans approved. These plans will enable us to restore and save what we can but also allow us to add certain modern amenities not often found on a 250-year-old home, such as a 10 foot basement, 10 foot ceilings on the first floor, a large yoga deck with outdoor masonry fireplace off the third floor and an elevator that will service the entire house. “The rebuilt house will have a top of the line Ciuffo kitchen, and there will be custom made cabinetry throughout the house. In the backyard will feature a pool with spa. “Our goal is to meld the beautiful bones of the original house with the modern amenities new homes can offer."