Wainscott

As the number of Hamptons home sales catches up to past contract activity, new listings to market and the number of listings with signed contracts continued their steep declines to start off the 2021 spring selling season.

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.

The 8,100-square-foot home is situated down a long driveway on a private two acres south-of-the-highway, less than one mile from the Atlantic Ocean.

East Hampton Town Blocks Vote on Wainscott Village Petition [Dan’s Papers]
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Buying a Luxury Home? It’ll Cost You More Than That Million-Dollar Price Tag [WSJ]
Kelly Bensimon Sold $50 Million Worth of NYC Real Estate in 3 Months [NY Post]

While realtors worked over time in 2020 to find people fleeing New York City for the Hamptons, one of the most requested amenities on buyers’ wish lists has been personal space to workout. 

A sprawling, modern estate with three distinct segments, all curved to face the Atlantic Ocean in Wainscott, boasts 230 feet of beachfront.

Plenty to see this weekend on the South Fork, no matter what your price point. We have some must-sees for you.

The property, long used as a restaurant, was purchased thanks to the billionaire heiress Katharine Rayner, who donated money to support the purchase and restoration of the property.

Stepping onto the residential property at 40 Sayre’s Path in Wainscott, on the market for $10.95 million, is like stepping into a private oasis filled with lush greenery and art.