S PAC E
PURE PROPERTY
Year-round dream homes and business opportunities abound on the East End. BY NANCY KANE
The summer is in full swing, and nowhere is that more apparent than the real estate market in the Hamptons. Many rentals turned into sales over the past year, and while inventory is lower than in years past, the brisk sales market shows that when there is good value for a property, buyers will come. Turnkey homes are always in demand, and now, buyers are also looking to more normal days ahead and setting their sights on future properties and even business opportunities on the East End. Culloden Point is a small peninsula just north of Montauk that marks the entrance to Fort Pond Bay from Gardiners Bay. Named after the HMS Culloden, a British ship that ran aground during the Revolutionary War, it is a secluded slice of heaven. Here, the latest from Studio Robert McKinley
comes to market with Rylan Jacka of Sotheby’s International Realty, asking $8,995,000. Due to be completed next spring, the home is situated on a west-facing bluff outside of any flood risk. The 1.6-acre property features 215 feet of bay frontage and a deeded path to the beach. What’s more, it is completely private, on the end of a cul-de-sac and up a long driveway, providing the peace and quiet homeseekers crave. The plans include four bedrooms and four full baths (plus one half-bath) in the home, which will feature all reclaimed-wood flooring, bathrooms with stone-top vanities and heated tiling, Sub-Zero appliances, and a mixture of vintage and highend architectural lighting as well as an infinity-edge gunite pool with a bluestone patio and mahogany decking. 56
The modern interiors of 19 Pond Lane in Southampton
Courtesy of Douglas Elliman
30 Matthews Road in Wainscott, with views of Georgica Pond and the Atlantic Ocean
