Behind The Hedges House by Maidstone Club Now Asking $8.25 Million Less

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house by maidstone club
House by Maidstone Club Now Asking $8.25 Million Less
January 22, 2018
Ouch! This property, which is bordered on three sides by the Maidstone Club, and is therefore just a hop, skip, and jump to the ocean (1700 feet), first hit the market almost three years ago, in March 2018. Asking price was a hefty $21.5 million. But it sat. The price has been lowered several times and is now at $13.25 million, which is much more reasonable. [caption id="attachment_65470" align="alignnone" width="690"] All photos via BHS[/caption] The property, which is now repped by Martha P. Gundersen and Roxanne A. Briggs at Brown Harris Stevens, offers many positives. There's a generous 2.54 acres of land, with attractive views of the gold course. There are also waterviews from the house to Hook Pond. The house itself is a spacious 5600 square feet, with six bedrooms and seven baths, including a downstairs master and an upstairs master, as well as a sleeping loft for the kids. The kitchen features a fireplace for cooking and a nice breakfasting area, while the formal dining room can seat 12. Of course there are pretty gardens and a nice pool, though no tennis. Why no tennis? Because a lot of the 2.54 acres is wetlands--nice for a peaceful vista, but unusable otherwise. And of course, while theoretically the location is excellent, actually that road gets quite a lot of traffic in summer (people use it to avoid East Hampton's Main Street--not to mention golf carts). And if you're not a member of the Maidstone Club, that wouldn't be the beach we'd choose. What say you? Will $13.25 million do the trick? Let us know in the comments. For more, click here. 157 Egypt Lane, East Hampton
kilkare, the iconic
Kilkare, the Iconic Beach House, Has Its Price Cut $10 Million
January 19, 2018
This is the house in all the generic "the Hamptons" stock photos. The house from Eternal Sunshine of the Spotless Mind. The house from Interiors (a masterpiece by Woody Allen). Beautiful Kilkare, built in 1879 by shipbuilders, has had only two families call it home in all these years. The property came onto the market back in August, asking $55 million. We thought then that it wasn't a bad price at all, but the fact is, Kilkare is not an easy sell. It's not a new home and it's not the standard trophy home a Wall Streeter might want. It will take a very special person to buy it. (And we don't even want to hear about the possibility of its being torn down. Nope. Sorry. Can't hear you.) [caption id="attachment_61884" align="alignnone" width="667"] All photos via Compass[/caption] The house is 5,000 square feet with 6 bedrooms, 6.5 baths, and 9 fireplaces and of course are filled with period charm. There are 2.81 acres of land set on the ocean, and the house is of course in the highly sought after Georgica Association, which is both safe and very private, and offers activities such as sailing on the pond, tennis courts, and a clubhouse. There's a pool, of course, a "zen garden" and a grove of cherry trees. Now the property, repped by Ed Petrie and James Petrie at Compass and Beate Moore and Frank Newbold at Sotheby's, has had its price lowered by $10 million down to $45 million. One could pay more in East Hampton or Southampton, heck, even in Montauk, and not get a house as lovely, as iconic, and as filled with history as Kilkare. So we say: snap it up, lucky rich person, and be the next caretaker of this beauty. For more, click here. 40 Association Road, Wainscott
Lasata, Jackie Kennedy's East Hampton Summer House, Closed Today
January 18, 2018
Beautiful Lasata has new owners as of today. The property, when listed for sale a year ago, was subdivided into the main parcel with the house and seven acres and a four-acre empty parcel with grass tennis court. The four-acre parcel closed in early January for $11.25 million; we'll be excited to see what someone builds on that property. (And as always, if anyone knows who purchased either property, drop us a line! We never reveal our sources.) Last asking price for the seven acres with house was $30 million. Lasata was the childhood summer home of Jackie Kennedy Onassis. 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 all 11 acres of land. The price was cut in June by $5 million, then in September, another $5 million, then again another $5 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, Carol Nobbs and Eileen Oneill at Elliman, and Peter Turino at Brown Harris Stevens, 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. Congratulations to the sellers, the agents, and most of all the new owners. Well done. For more, click here. 121 Further Lane, East Hampton
amagansett seinfeld
Someone Got a Screaming Deal on Amagansett 'Seinfeld' House
January 18, 2018
When we first saw this property, we weren't that crazy about it. While the house is pleasant enough from the exterior, the interior is just very oddly laid out. And the property is oceanfront, but it's also right on notorious Truck Beach. The pool is just plain odd. [caption id="attachment_65452" align="alignnone" width="750"] All photos via Corcoran[/caption] That's why the property was on the market for so long. It was originally listed in late 2014 for a whopping $13 million. And it sat for long years. About a year ago, the property was relisted by Jackie Dunphy, Greg Schmidt, and Tom Griffith at Corcoran for $8.75 million; the price was then cut to $7.9 million in April. The interiors were refreshed and restaged and looked much better. The house has an interesting history: built around 1930, it was used as a US Army “cottage type” fire control station during WWII. The house also featured on the "Ugly Baby" episode of Seinfeld. There are four ensuite bedrooms in 4000 square feet of space. Earlier this month, as reported by our friends at Curbed Hamptons, the property closed for a mere $5.725 million. Whoa. Whatever one's opinion of the interiors or the pool or the location, that's an amazing deal for 1.37 acres on the ocean in Amagansett with 228 feet of frontage. Also nice: the property borders on reserve. Congratulations to the lucky new owner! For more, click here. 45 Whalers Lane, Amagansett
Hamptons Confidential: Carl Benincasa of Douglas Elliman
January 17, 2018
Welcome to our new feature in which we interview local personalities: agents, architects, interior designers, builders, anyone who plays a part in the world of Hamptons real estate. Want to get in on the fun? Drop us a line! Carl Benincasa is Regional Manager for the Hamptons at Douglas Elliman. A Sag Harbor native, Carl is currently a North Sea resident. What do you do for Douglas Elliman? As Regional Manager for the Hamptons, I oversee the operations of nine offices from Westhampton to Montauk. I don’t sell real estate; my job is to create a friendly, empowering and supportive structure for those who do. I feel fortunate to be able to live and work here on the East End. How did you get into real estate? My background is in real estate law. I was an attorney for Southampton Town, specializing in planning and development. I also had my own law firm, where I worked in land use, real estate acquisition and sales, zoning, and contract law. Why do you like working in this field? It’s an active field that, at some point, touches everyone’s life in one way or another. Buying or selling a home is a huge moment in a person’s life and it's rewarding to help those who help people achieve their dreams. It’s also one of the primary industries on the East End, which creates an atmosphere where no two days are the same and a fresh challenge always awaits you. What's the biggest surprise that you've encountered so far? My experience with Douglas Elliman has completely dispelled any negative perceptions that some may have of real estate agents. As a lawyer by trade, negative perceptions are something I can empathize with. Elliman’s agents are incredible, community conscious people. They’re a great group of professionals who are not only amazing at their jobs, but are also good people. It's refreshing. What are you planning for 2018? I look forward to expanding Douglas Elliman’s involvement in the community, personally and as a leading force in real estate. We are known for its strong support of many local non-profit organizations, and that's something we are keen on building even more. In addition to supporting Southampton Hospital, The Retreat, Animal Rescue Fund of the Hamptons, Parrish Art Museum, Hampton Classic and several other worthy organizations, in 2017 we added sponsorship of the Hamptons Take Two Film Festival and are embarking on even more exciting partnerships in 2018. It's wonderful to see how we can all make a difference.
totally adorable sag harbor
Totally Adorable Sag Harbor Village Cottage with Pool
January 16, 2018
There's exactly zero to do when purchasing this totally adorable Sag Harbor cottage. It's been completely renovated with charm and up-to-the-minute style. Built in 1848, the cottage retains the original attractive beams, but sports a new, light kitchen and a rather nice gray marble master bath.
[caption id="attachment_65409" align="alignnone" width="750"] All photos by Chris Foster via Corcoran[/caption]
The living areas are also light and airy.
totally adorable sag harbor
And the bedrooms are cozy. In all, there are three bedrooms and two baths in 1450 square feet.
If we were the buyer we would totally make an offer for some of the owner's vintage pieces and folk art, too. It looks so right here--and by the way, we also have vintage movie posters from the long-gone East Hampton Edwards Theatre. See on desk, above.
Outside, there's 0.23 of an acre with a bluestone patio and a gunite pool, along with a shed. Everything you could need, right in the village. Asking price for the property, repped by Cee Scott Brown and Jack Pearson at Corcoran, is a reasonable $1.895 million. What do you think of the place? For more, click here. 309 Madison Street, Sag Harbor  
Ellen Pompeo Puts Her Gorgeous Hamptons Home on the Market
January 12, 2018
Looking for a really beautiful, easy-to-keep-up summer or getaway home? You're in luck, as Grey’s Anatomy actress Ellen Pompeo and music producer husband Chris Ivery have put their cozy Noyac home on the market for $3.795 million. The house, which is smallish at 2400 square feet, is painted black on the exterior (tres chic) and several interior rooms. There are four bedrooms and four baths, along with a charming country kitchen and a screened porch with a fireplace. [caption id="attachment_65398" align="alignnone" width="700"] All photos via BHS[/caption] What's particularly interesting about the property, repped by Jane Babcock and Mark J. Baron at Brown Harris Stevens, is the generous 8.3 acres of land, which is in the process of being subdivided, so a new owner could build a newer bigger house if they desired and keep this one for guests. Ellen explained in Architectural Digest last summer that that's what she'd been planning to do here, but never quite got around to it. Guess that's left to the new owners. For more, click here. 1645 Millstone Road, Sag Harbor  
Chris Furchert Joins the Enzo Morabito Team at Douglas Elliman
January 10, 2018
Team Enzo Morabito of Douglas Elliman in Westhampton Beach and Bridgehampton has a new squad member. Chris Furchert is a licensed real estate salesperson and will be in charge of PR and social media. Chris lives in Blue Point and was formerly a server at Cowfish. Enzo says, "He is aware of what other celebrities and real estate moguls are doing in social media that works and is doing the same for myself and the team." Congratulations, Chris!
inn spot
Make the Inn Spot on the Bay Your Spot for $4.75 Million
January 10, 2018
Hampton Bays real estate, in our opinion, is only going to go up. The hamlet is becoming more and more popular, with swanky new developments like Ponquogue Point and popular higher-end restaurants. And now one of the better known businesses is for sale. The Inn Spot on the Bay is well located (on the, um, bay) and right by the Ponquogue Bridge leading to ocean beaches. It's a quirky, charming hostelry and restaurant. Listed for $4.75 million by Gloria Joseph and Lawrence Ingolia at Sotheby's, there's just under an acre of land with 140 feet of bulkheaded waterfront and a 125-foot dock. [caption id="attachment_65344" align="alignnone" width="750"] All photos via Sotheby's[/caption] The property features a 13-room inn (originally built in 1857) with restaurant and bar. There are also adorable guest bungalows and staff quarters. Price seems about right for just about a bayfront acre with dock; the only pity is that there isn't room for a pool. What do you think? Want to indulge your inner Basil Fawlty? Let us know. For more, click here. 32 Lighthouse Road, Hampton Bays
sagaponack zip codes
Poor Humiliated Sagaponack No Longer King of the Zip Codes
January 09, 2018
Womp womp, 11962. After two years of reigning supreme as the most expensive zip code in America on Property Shark's annual rankings, Sagaponack has endured a painful slide on the list. And congratulations to perpetual bridesmaid Atherton, California (94015), which is now on top with a median sales price of $4.95 million. We will note that even that is behind Atherton's $5.9 million median from two years ago. Number two on the list is 10013, which includes New York's Tribeca, and three is 33109, Miami Beach. As for the Hamptons, the highest ranking town is Water Mill (11976), at number nine, with a median of $3.1625 million. Wainscott (11975) slides in at number 10 on the list with a median of $3 million. As for poor old Sagaponack, it comes in at number 15. The median sales was a paltry $2.189 million. Ouch! 77 of the top zip codes are located in California, while 19 are in New York. Seriously, though, the median prices have dropped all over the list in 2017--and of course, the just plain lack of sales in a tiny hamlet like Sagaponack has a lot to do with the ranking as well. We're sorry, we seem to have something in our eye....  
sag harbor italianate
Fabulous Sag Harbor Italianate Mansion Needs Some Interior Paint
January 08, 2018
Listen, people: there are old houses in which the woodwork should not be painted (Victorian mansions, Arts and Crafts) and there are old houses in which the woodwork should be painted (generally Colonials, Italianates). It all depends on style, date, and so on. This poor Sag Harbor Italianate, known as the Nathan Howell House, has had the paint stripped from its interior millwork, which is not only not historically correct, just plain looks terrible. [caption id="attachment_65322" align="alignnone" width="700"] All photos via BHS[/caption] sag harbor italianate That poor wood looks scraped and abused and dry. It was always meant to be painted, partially to protect it, and partially because it's not "good" wood. That is, when the Howell house was built and then enlarged about 175 years ago, there was a hierarchy of wood that was meant to be seen--mahogany, rosewood, other exotic and fancy woods--and the humble local woods that are supposed to be painted. Now you might be saying, "How dare you? It looks great." OK, fine, clearly there are people who like this sort of thing. That doesn't make it right. Now let's move on to the rest of the property! Which is fabulous. Originally built in 1833 by Nathan P. Howell, from a wealthy whaling family, the house was in the Greek Revival style. Twenty years later, Mr. Howell enlarged and renovated, changing the building into the fashionable Italianate style. The house stayed in the family until the 1970s. The property was last on the market four years ago after a very extensive renovation, which included making the basement/cellar area into living space and adding an elevator. It was snapped up in a matter of weeks. Asking price was $9.95 million and purchase price was $9.75 million. It appears to have been renovated again, with a new kitchen and what looks like an addition on the back. The property, now repped by Mark J. Baron, Jane Babcock, and Eve Gianni at Brown Harris Stevens, then went back on the market asking a hefty $18.75 million. No one bit, and just a few days ago the ask was lowered to a much more reasonable $16.5 million. So what does a buyer get for that? One of the finest and largest old houses in Sag Harbor. 10,000 square feet, seven bedrooms, 8.5 baths, a widows walk and cupola up top and a fun games room below. A very generous 1.1 acre plot with a gunite pool, and a "four-bay, climate controlled garage with art studio attached." What do you think? Is the price right? Like the stripped woodwork and think we should shut up? Sound off in the comments. For more, click here. 238 Main Street, Sag Harbor
amagansett gwathmey
Amagansett Gwathmey Price Cut by $1 Million
January 05, 2018
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. [caption id="attachment_65305" align="alignnone" width="750"] All photos via Douglas Elliman[/caption] 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