This article was updated after it was published.
A Hamptons estate that has proven difficult to sell in recent years is still not sold despite an online auction that closed last week.
“Island in the Sky,” as it is known due to its rooftop pool and the Water Mill property’s high elevation, had been listed with Sothbey’s Concierge Auctions, in cooperation with Angela Boyer-Stump of Sotheby’s International Realty, Bridgehampton brokerage.
The auction of 984 and 984A Noyac Path generated over 850 global prospects, nearly 20 qualified showings, more than 27,000 webpage views, and three registered bidders in 35 days, according to Sotheby’s Concierge Auctions spokeswoman.
“While bidding on the offering did conclude on January 31, the reserve was not met,” she wrote of the $2.95 million figure. “The properties remain on the market and are available for offers.”
It had listed with Boyer-Stump for $7.995 million.
“The seller of 984 and 984a Noyac Path chose not to sell at auction and will bring the estate home at 984a Noyac Path, Water Mill, the “Island in the Sky,” back to market with Angela Boyer-Stump of Sotheby’s International Realty in the near future at a purchase price of $2,950,000,” according to the seller’s attorney, who was not named but offered a comment through Sotheby’s International Realty on Wednesday evening.
According to a Sotheby’s International Realty spokeswoman, Boyer-Stump had no further comment.
Designed by the Japanese-American architect and sculptor Setsuo Ito in the early 1990s, the 12,000-square-foot house sits on a nine-acre parcel. The house’s size could never be replicated today due to the aquifer overlay district created just after Ito began construction, imposed to protect where the water is most pure.
The offering includes an adjacent six-acre vacant property for a combined 14.7 acres, allowing for an 8,000-square-foot home on the adjoining lot.
The compound boasts a 300-foot elevation, one of the highest points the East End has to offer.
The custom pool may be the most unique in the Hamptons. Elevated between the home’s ground floor and the second level, it has four points like a compass. The pool cabana features a two-tiered, open steel pyramid, all with four points.
Many remember that the pool and the adjacent pyramid-topped structure were featured in a music video for the Notorious B.I.G.’s break-out hit Juicy back in the 1990s
Bidding opened on January 24 and closed on January 31.
Sotheby’s Concierge Auctions recently held a successful auction in the Hamptons. A Norman Jaffe-designed house in East Hampton Village was recently sold by Sotheby’s Concierge Auctions and is under contract for an undisclosed sum.
