Amagansett Gwathmey Price Cut by $1 Million

amagansett gwathmey

This property, known as the Tolan Residence, by Charles Gwathmey, debuted on the market back in February last year. We thought the ask back then of $5.995 million was ambitious, although we noted that the property offers a lot too: location in the hot Amagansett Dunes, including a very generous one-acre plot, a tennis court, which the listing reminds us would be impossible to replicate today, and a southern exposure pool. Along with, of course, impeccable architectural bragging rights. Now the price has been cut to a much more reasonable $4.85 million; the property is now represented by Hara Kang, Justin Agnello, and James Keogh at Douglas Elliman.

All photos via Douglas Elliman

Built in 1970, the house sits next to the house Gwathmey built for his parents in 1965. It is stunning, with angular, complex forms. The triangular planes of the exterior intersect with one another, so the house appears almost two-dimensional. Inside is the soaring living room, drenched with light, and all the original built-ins designed by Gwathmey are retained. There are also handsome rounded curves, such as in the beautifully renovated walk-in master shower. In all there are four bedrooms and three baths, two of which are renovated, and there’s a den or fifth bedroom with its own outside access. There’s also a roof deck with an ocean view, perfect for entertaining.

We do have a bone to pick, though. The staging is terrible and cheap-looking. For nearly $5 million in asking price, we gotta get some better interiors than those. Ditch the Raymour & Flanigan stuff and get some MCM classics.

For more, click here. 130 Bluff Road, Amagansett