Douglas Elliman Real Estate’s Sara Goldfarb and Tal Alexander have brought a Hamptons equestrian compound they are very familiar with back to the market just six months after selling it to the current owner who gave it a reported $2 million refresh.
The new asking price for the luxe horse farm that had long been known as Campbell Stables: $16 million.
The newly-named Khalily Stables is located south-of-the-highway at 6 West Pond Drive, between Water Mill and Bridgehampton at the corner of Newlight Lane, just west of Kellis Pond.
Rock ‘n’ roll legend Bruce Springsteen’s daughter, Jessica Springsteen, who won a silver medal with the U.S. Equestrian Team at the postponed 2020 Olympics in Toyoko last year, and Jennifer Gates, the daughter of billionaire Bill Gates, are both said to have ridden at Campbell Stables when it was owned by the late Robert Campbell, a shoe executive behind BBC International, a leading children’s and athletic footwear design and sourcing company.
Edward Khalily, a former principal at Long Island-based WEGO Chemical & Mineral Corp. and a Sagaponack homeowner, purchased the luxe horse farm from Campbell’s estate in August. Khalily’s granddaughter, Layla, is an equestrian.
Suffolk County deed transfer records show that 6 West Pond Drive LLC purchased the property for a total of $14 million on August 13, 2021 in two transactions, one for $13.15 million and one for $850,000.
Goldfarb and Alexander had the listing for about 10 months when they put it into contract in July. The asking price then was $19.995 million.
Campbell developed the striking property, which sits on approximately 16.5 acres, and there is an additional 2.6-acre agricultural reserve lot, in 2015.
The facility is certainly any equestrian’s dream. Five structures surround a central courtyard on the gated property with meticulously manicured fields. The traditional facades are designed with white clapboard accented by hunter-green standing seam roofs and crimson red window muntins and mullions, the listing explains.
There are 27 stalls on the property, 14 paddocks and three outdoor rings with viewing stands. The stylish interiors look more like an upscale home. An air-conditioned second-floor viewing lounge features an entertaining space and a family room overlooking the all-weather, 15,ooo-square-foot indoor arena.
“Vaulted ceilings with exposed heavy timber beams are accented by the black ironwork and the herringbone pattern brick inlays located in the central aisle,” the description reads. There are also two tack rooms, offices for a veterinarian and manager, as well as staff housing.
The one-of-a-kind listing’s reappearance on the market affords another opportunity for a buyer to create a high-end private equestrian property or commercial facility.