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Hamptons Life

Feb 25, 2019 12:16 PMPublication: The East Hampton Press & The Southampton Press

East Hampton Real Estate Sales Add Up

Feb 25, 2019 12:24 PM

An interesting big burst of activity in East Hampton—both in and outside the village—to report this week.

First up is 10 Lee Avenue, in the Georgica Pond estate area, which has sold for $14.75 million, according to the Long Island Real Estate Report. The 8,000-square-foot residence on a very robust 3.3 acres has eight bedrooms and seven baths. The three-story gambrel, built in 1898, is an example of turn-of-the-century shingled architecture designed by Cyrus L.W. Eidlitz for his sister Harriet and her husband, Schuyler Quackenbush. In the same family since 1915, the house is completely original and features many important architectural details such as a deep porch, six brick fireplaces, window seats, a balustrade staircase, wood paneling, and period windows. The rooms have generous proportions including a grand entrance foyer with fireplace, a living room with fireplace and window seat, and a full dining room with fireplace. The property is less than a half-mile to Main Beach and features a large sweeping lawn with mature trees.

The purchase outside the village is actually three related purchases, which end up totaling more than 10 waterfront acres. The main one, which went for $9.44 million, is 180 Springy Banks Road, with the buyer’s identity shielded by the rather unimaginative 180 SB LLC. On the 8.2-acre property is a 4,325-square-foot dwelling with six bedrooms and 5.5 baths. It sits elevated on a bluff overlooking Three Mile Harbor. Upon reaching the end of the long private driveway, a panoramic seascape (well, it’s a harbor) spans nearly 180 degrees from west to east. The open floor plan on the lower level has views throughout, facing north into Gardiners Bay and to the North Fork. On a clear day, visibility stretches across Long Island Sound to Connecticut. To the west are 55 acres of nature preserve extending into Hands Creek, where the setting sun casts light over the harbor. Improvements to the property include a private dock, tennis court, waterside pool, shed, and two-car attached garage. The home also includes a full basement with room for expansion.

Additionally, two vacant waterfront parcels—2.1 and 2.5 acres, respectively—sit adjacent to the house, one on either side, making this property ideal for the creation of a truly private waterfront compound. That appears to be what the new owner is doing, because he/she additionally bought 178 Springy Banks Road for $1.79 million and 182 Springy Banks Road for $870,000.

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