The Amagansett Lanes are the attractive grid of streets ranging from Indian Wells Highway to Atlantic Avenue, south of Montauk Highway to Bluff Road. Most plot sizes are a half-acre. Twenty years ago, a teardown on a half-acre would cost between $250K to $500K. Well, the 90s are over and today, those same teardowns run between $2 and $3 million.
Currently there are about 20 Amagansett Lanes homes on the market, with asking prices ranging from $2.5 million to $10 million. We thought we’d take a look at some around the median price points, $5 million to $8 million. All are represented by Gary DePersia at Corcoran.
First up is this very charming vintage home built in 1927 and asking $5 million. The original cottage has been expanded over the years to include 4500 square feet on four floors.
There’s a large new kitchen, a new master wing with covered porch and a finished lower level. There are four bedrooms in all, but if that’s not enough space, there’s a legal one-bedroom guest cottage near the pool pavilion.
For more, click here. 31 Meeting House Lane, Amagansett
Next up is a newly renovated house originally built in 2002. Asking $5.75 million, the 5100 square foot house includes many high end details, such as a finished lower level offering a full bath with steam shower, gym, media room, and spa room embellished with custom sauna and massage table.
There are two master suites to choose from: one on the ground floor and one on the second floor. Both include fireplaces and stylish baths, along with outdoor space. There are three more guest suites upstairs. Outside, there’s a saltwater pool and spa with a cabana offering a full bath and kitchenette.
For more, click here. 56 Hedges Lane, Amagansett
The last house in our Lanes trio is an impressive large home off Further Lane asking $8 million. It offers 6 bedrooms and 8 baths in 8000 square feet. The plot size is larger too, at 1.5 acres.
This house too offers ground floor and second floor masters with fireplaces and a finished lower level with media room and “staff lounge.” The lovely grounds include plenty of stone patios and brick walls, while the spa offers its own pergola’d seating area.
For more, click here. 18 Further Court, Amagansett