We don’t know what the guys at Bespoke are doing right–and if we did know, we’d do it ourselves (just kidding, we think)–but they’ve shown a talent for shifting lovely but ambitiously priced properties in the past bunch of months. (Villa Maria being the most notable example.) This Bates+Masi Amagansett new-build is absolutely gorgeous, one of our favorite designs over the past few years. However, the price asked was, in our opinion, aspirational. But what the heck do we know? In just a few months after getting the listing, Bespoke now lists the property in contract.
When this project was begun a couple of years ago, we were blown away by the beauty of the design. We tend to adore Bates+Masi houses anyway, but this place really makes the most of the narrow, small (0.3 of an acre) site. There’s a main house with three bedrooms, all en-suite, plus two powder rooms, and a guest cottage with two en-suite bedrooms and a powder room. The main rooms are on the second floor to make the most of the views, and there’s a mahogany roof deck and a lap pool. Everything is lovely and modern.
Just two issues: the price and the location. True, the property is an easy walk to the ocean beach, but it’s also right next to the Atlantic Avenue beach parking lot, which is always jammed in the summer. (Plus, the beach isn’t as private as many.) And the asking price was a similarly spectacular $9.95 million. Ouch! We had our doubts.
Last autumn, with the property newly repped by Zachary Vichinsky and Cody Vichinsky at Bespoke, the price was cut $850K. We had our doubts about $9.1 million too–but again, shows how much we know. We’ll be interested in seeing the actual sales number once it closes. Congrats to the new owners: you have a beautiful property.
For more, click here. 159 Atlantic Ave, Amagansett