Top 5 Stories of the Week in Hamptons Real Estate: A ‘Homebuyer’s Holy Grail,’ Inspiration for Giving This Holiday Season

1 Farmstead Lane, Water Mill
Courtesy of Corcoran

The Hamptons posted six hamlets on PropertyShark’s recent list of the 100 most expensive zip codes in the country. It begs the question: What is on the low-end of a high-end market?

Analysts from Point2, an online real estate marketplace and sister division to PropertyShark, “set out to discover a homebuyer’s Holy Grail, the least expensive homes the most expensive zip codes,” as writer Andra Hopulele put it in the study of the data found by the analysts.

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Inspiration to Donate Abounds on the East End This GivingTuesday

Chris Ritchey volunteers at CTREE.Courtesy of Chris Ritchey

Tuesday, November 30, is GivingTuesday, a global generosity movement, and here on the East End there is no shortage of organizations that do great work in the community.

GivingTuesday was created in 2012 as a way to encourage people to give on the Tuesday after Thanksgiving, following Black Friday, Small Business Saturday and Cyber Monday.

We asked real estate agents what organizations they support, not only on GivingTuesday but all year long.

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Wainscott Oceanfront Home Sells for $45 Million After Buyers ‘Fell in Love With the Architecture’

A dramatic inverted pyramid ceiling sheathed in teak is a focal point of the great room.

A distinctive contemporary home along the ocean in Wainscott, which recently appeared in an episode of HBO’s Succession, has found a buyer for $45 million, in what will be in the top 10 trades on the South Fork this year.

Bespoke Real Estate represented both sides in the transaction, which closed Tuesday. The name of the buyer was not disclosed.

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Oceanfront Estate on East Hampton’s Further Lane Sold for Over Ask at $55 Million

Courtesy of Hedgerow Exclusive Properties

An oceanfront estate on East Hampton’s famed Further Lane officially sold on Thursday for over ask at $55 million, in one of the priciest deals of 2021.

The four-acre property at 442 Further Lane closed at $55 million — $2.5 million above the last asking price.

Hedgerow Exclusive Properties represented the seller. Catherine Juracich of Douglas Elliman Real Estate brought the buyer.

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Sagaponack Estate Comes Fully Furnished for $32 Million

The home at 232 Gibson Lane in Sagaponack, listed with Town & Country Real Estate for $32 million, is located just 500 feet from the ocean and offers views from nearly every vantage point — the ocean to the south and across an 11-acre agricultural reserve to the north.

“It’s truly the best of both worlds,” says Judi Desiderio, the CEO of Town & Country, in the listing.

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