East Hampton

Billionaire investor James Chanos, sold his Further Lane property for $59.5 million last month, while the estate of the Life Savers heiress sold for $60 million last week, in what will likely be one of the top sales of 2021.

So far, the average number of sold listings per week for 2021 has been about 24 properties. But don’t let that fool you. Demand is just as high as it was a few months ago.

The 6,000-square-foot home, inspired by the noted interior designer Waldo Fernandez’s travels to Thailand, consists of three structures surrounding a lotus pond.

The 6.11-acre property at 290 Further Lane boasts a Francis Fleetwood house, and just sold in 2018 for $40 million.

A 15,000-square-foot residence at 172 Cedar Street in East Hampton, plus an adjacent parcel is being offered at $12.5 million, or purchase a total of 10 single and separate parcels, spanning 21-plus acres, for $22.75 million.

The two-story home is close to the Southampton Village’s shops and restaurants, and offers plenty of space with six bedrooms, plus a carriage house with an apartment above it.

Historic home on Georgica Pond offers views of the Atlantic Ocean from both the main and guest houses, set on 11.2 acres on the highly desired Briar Patch Road in East Hampton Village.

A symbol of East Hampton’s famed summer colony, a former boarding house in East Hampton Village is looking for a buyer — a family who will love it as much as the current owners’ family has for the last 100 years, according to Frank Newbold of Sotheby’s International Realty.

A 1920s three-story classic in East Hampton Village that has been completely renovated by a professional craftsman is among the must-see open houses this weekend on the South Fork. 

In some price points and locations, new listings are making contract movement possible. In others, it either bolsters the fact that overpricing is prevalent or demonstrates that demand is lessening from where it was in fall of 2020.