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Hamptons Life

Dec 13, 2018 12:43 PMPublication: The East Hampton Press & The Southampton Press

Further Lane Estate Moves After Deep Discount

189 Further Lane, East Hampton. COURTESY SOTHEBY'S
Dec 17, 2018 10:45 AM

The good news for the owner of 189 Further Lane in the Village of East Hampton is that his house has sold, and for the handsome price of $13.6 million. The not-so-good news is that when the property was first listed four years ago, the ask was $21.5 million. Ah, the vagaries of real estate.

The new owners, Laurie and Martin Scheinman, in addition to getting something of a bargain, are acquiring a shingle-style house on 3.2 acres a short stroll from Two Mile Hollow Beach. The 7,400-square-foot residence was completed in 2004. A previous house was torn down except for the basement footprint, which now contains a catering kitchen, laundry room, and a media room with fireplace. The exterior features a landscaped pool with summer kitchen, terraced Asian gardens, a hot tub grotto, and a tennis court—and one can see all from a rooftop deck. Back inside, there are five bedrooms, five bathrooms, and three half-baths. There is a south-facing screened porch to enjoy plenty of afternoon sunshine.

The seller, by the way, is Peter S. Wilson, a retired partner in the white-shoe law firm of Cravath, Swaine & Moore.

Another recent village sale was 23 Maidstone Lane, sold to the MulfordMaidstone limited liability company for $5 million. It now owns a 1-acre property adjacent to Mulford Farm. The five-bedroom, 4.5-bath, one-level traditional has been renovated and refurbished including all new bathrooms, central air conditioning, furnishings, and accessories. There is a separate 500-square-foot guest-staff bed/bath, a big grassy yard, and an in-ground heated pool.

One more East Hampton sale to report, this one outside the village. Lee and Shara Levy have purchased 22 Owls Nest Lane for $3.3 million. The 7,350-square-foot residence has seven bedrooms and 7.5 baths and is on 1.16 acres. The newly constructed “showpiece” home is adjacent to a large nature reserve and in a private community of 13 homes sharing a tennis court.

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