Mission accomplished! Just ten days ago, we reported that part of Lasata was in contract, the four acre empty parcel. The other part of the property, seven acres plus the house, had had its price dropped to $30 million. Now it too is in contract.
The entire estate sold quickly, in about five months, because the sellers kept lowering the asking price. That’s how you accomplish a sale if you’re serious.
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.
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 buyers. If anyone has any intel on who is purchasing Lasata, you know where to reach us!
For more, click here. 121 Further Lane, East Hampton