The Hamptons Luxury Market Leader
FA L L / W I N T E R P O R T F O L I O 2 0 1 8 - 1 9
Hamptons
Tim Davis
Tim Davis
Lic. Assoc. RE Broker Regional Brokerage Advisor East End 631.702.9211 | tgdavis@corcoran.com
Welcome to our first edition of the Fall/Winter Luxury Portfolio of properties. Throughout these beautiful pages, you will see purchase opportunities in all price ranges. From the chic jewel box in Rawson estates with deeded access to Peconic Bay, to the stunning oceanfront residence in Southampton on nearly 8 acres. “Living who you are� has never been more possible for everyone. Though there is definitely a focus on The Hamptons market in this publication, I have found throughout the years that my clients are much more global, often with real estate investments around the world. In fact, The Corcoran Group is expanding into other markets with a franchise model rolling out in early 2019. Participating in the annual Luxury Property show event in London has enabled me to develop first-hand knowledge of what is happening in overseas real estate markets around the world. Having an understanding of different cultures and lifestyle preferences, enables me to advise sellers and buyers on all of their personal real estate purchases. The Hamptons is my home base and first love, however it also one of the most sound and stable real estate markets in the world. A clean, safe and naturally beautiful environment is the draw to our region as is the close proximity to cosmopolitan New York City. In times of volatility in the financial markets, the security of owning a hard asset in our world-renowned Hamptons market is more important than ever. I am looking forward to our connecting again soon and my very best wishes for your continued health and happiness in the New Year.
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92 COOPERS NECK LANE SOUTHAMPTON, NY TRADITIONAL | 11 BEDROOMS | 14.5 BATHROOMS 4.6 ACRES | $29,500,000 WEB ID# 53026 6
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One of the most finely proportioned and gracefully treated houses in Southampton is the one that Judge Monson built for himself in 1898. His heirs sold the property and home in 1904 to the Carnegie family who owned it until 1932. Following several other owners, renowned interior designer Joanne de Guardiola and husband Roberto bought the now 4.6 acre property in 1994. With a pedigreed past and a magazine published history, this grand traditional home with ten foot ceilings throughout was built in the 1890s and restored and renovated by the current owners. The renovation unified spaces, opened up hallways and staircases and installed completely new plumbing, electricity, heating, multi-zoned air conditioning, new water heatÂers and boiler as well as a new security system. Extensive reconstruction and additions to the three-story house resulted in a stunning new kitchen, six added new bedrooms and several covered terraces. The present house plan consists of 25 rooms, 11 fireplaces, 11 bedrooms, 14.5-baths, all together with the master bedroom suite showing off beautiful His and Hers marble baths. And so, a home regarded by many as embodying a pedigree of elegance in its very best vein, awaits another connoisseur with an impeccable eye for all that is beautiful in architecture both inside and out.
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2020 MEADOW LANE SOUTHAMPTON, NY OCEANFRONT | MEDITERRANEAN| 7 BEDROOMS | 7.5 BATHROOMS 8 ACRES | $38,000,000 WEB ID# 107324 8
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Encompassing nearly 8 acres of combined Atlantic Ocean frontage and Shinnecock Bay frontage, this home boasts spectacular water views and dunescape views from most of the principal living spaces. Enjoy a home suited for seaside living and entertaining on two levels with a 7,500 square foot (+ -) modern floor plan with elevator. The main level includes a grand living room, a high-ceilinged dining room and separate library and a newly renovated kitchen for the most discerning chef. The master suite with glamorous new bathroom and access to the elevated swimming pool offers ocean views and English Garden views. Rolling lawns with flowering borders of established landscaping and trees create an ideal country setting. For the first time ever, listed and offered exclusively.
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9 OLDE TOWNE SOUTHAMPTON, NY TRADITIONAL | 10 BEDROOMS | 14.5 BATHROOMS 4 ACRES | $39,500,000 WEB ID# 38613 10
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John Kean has set a new level of excellence with his first completed, fully-furnished estate, poised behind a gated entry, on 4 +/- manicured acres in the heart Southampton’s exclusive enclave known as Olde Towne. Luxurious appointments, exquisite furnishings and state-of-the-art amenities find harmony within Kean’s masterful construction. Warmed by eight fireplaces, the striking traditional residence, with interiors by world renowned designer Anthony Ingrao, balances common rooms with intimate spaces throughout its 15,500 square feet on two floors of living space. A dramatic entry leads to the living room with full bar, media room, library and extensive loggia. The kitchen, set within its own great room is augmented by a separate professional chef’s kitchen and a glass encased breakfast room. Accommodations include 8 bedrooms with baths ensuite, including extensive master suites on the first and second floor. Three staircases and an elevator variously connect to an additional 6,000 SF +/- lower level with theater, gym, professional two-lane bowling alley, full bar, wine cellar, billiard room and two staff suites. The roof deck offers a putting green as well as expansive ocean views. An attached guest cottage offers living room, dining room, kitchen and two bedrooms with baths ensuite. The manicured landscape, bordered by a classic, privet hedge, frames the 60 x 34 Gunite pool with a striking negative edge element and an oversized spa as well as sun lounges in the pool’s novel beach end. The pool house features a great room, lounge, kitchenette, two full baths, napping/changing room and a canopy offering shade for dining or relaxation. Terraced entertaining spaces are set within vivid garden beds and expansive, open lawn areas. An outdoor kitchen, gas fire pit and sunken Deco Turf tennis court complete with a pergola-covered viewing area add to the list of Twin Peak’s outdoor amenities. Make plans to view this stunning new estate today.
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168 MAIN STREET SAG HARBOR, NY TRADITIONAL | 4 BEDROOMS | 4 FULL BATHROOMS | 3 HALF BATHROOMS .46 ACRE | $5,500,000 WEB ID# 10633 One of Sag Harbor’s finest residences has been completely renovated to meet the needs and standards of today’s active lifestyle. Originally built for renowned whaling ship outfitter William H. Cooper, this home suits the needs of a broad base of buyers. Enjoy the prominent location just a short distance to fashionable boutiques, fine dining establishments including the world famous American Hotel, Bay Street Theater, Sag Harbor’s Long Warf and public transportation. The 5,400 square foot home has generous public rooms and five fireplaces including a fabulous kitchen and adjoining media lounge area. The second floor features four bedroom suites, including a large master with dressing room, large bath and vaulted ceilings. The rear of the house includes a large trellis covered terrace with access to the heated pool and expansive lawn. Nearby is the pool house with fireplace and bathroom. The large village parcel is lush with tailored landscaping and borders a protected greenbelt offering even greater privacy. Smartly priced and ready for your immediate enjoyment. 12
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43 NOYAC BAY AVENUE SAG HARBOR, NY MODERN | 4 BEDROOMS | 5.5 BATHROOMS .54 ACRES | $8,750,000 WEB ID# 47965 This chic contemporary home offers stunning sunset and panoramic water views across Noyac Bay. Located a short distance to Sag Harbor Village, this sleek four bedroom, six bath home has walls of glass opening to a wide stretch of sandy beach. Soak up the sun on the different levels of decking and terracing and relax in the heated waterside gunite swimming pool. The layout is an open floor plan which includes a waterside living room, fully-equipped gourmet kitchen, plus a cabana/pool house and a separate den/media room. The second floor has two magnificent “knock your socks off water view� master bedroom suites, plus two additional bedrooms. Enjoy sunset cocktails on the spacious third floor observation deck with miles of 180 degree water views. Some of the bonus features include the finished lower level with gym, wine cellar and playroom with full bath, the separate detached two car garage with a second floor studio suite (for the artist or as a private office) and a sensational outdoor shower. Privacy, quality and very special location make this new offering worth seeing right away. TIMDAVISHA MPTONS.COM
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SOUTHAMPTON, NY TRADITIONAL | 8 BEDROOMS | 9 BATHROOMS 6 ACRES | $37,000,000 WEB ID# 108136 14
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AN ESTATE FOR A LIFETIME. Sequestered within the coveted enclave of FORDUNE with deeded ocean access, lies this incomparable estate. 6 acres of virgin land was purchased and then transformed into a magical park-like setting which includes hundreds of specimen evergreen and flowering trees. Perennial gardens were installed as was the scenic pond all to create the environment for the ultimate country house within a short distance to the Atlantic Ocean. Pass through the gated entry and under the Sycamore tree allĂŠe framing the classic shingle-style mansion. All of the amenities are here for your enjoyment as this home was built to last for generations to come. Just listed exclusively and offered by appointment only. TIMDAVISHA MPTONS.COM
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281 GIN LANE SOUTHAMPTON, NY 9 BEDROOMS | 10.5 BATHROOMS 2.21 ACRES | $15,750,000 WEB ID# 55023 16
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Located along Gin Lane and set back behind tall privet hedges is this wonderful estate section oasis. A sprawling floor plan makes for luxurious seaside living and generous room for family, friends and entertaining. This chic styled home with a good feeling boasts principal rooms with vaulted ceilings allowing for great light and a sense of air and space. Nine bedrooms and ten and a half bathrooms located in separate wings afford great privacy. The living room, library, media room, office and spectacular kitchen all open to the courtyard terrace and 60-foot swimming pool. Outside amongst the 2.2 acres of beautiful landscape you will find a tennis pavilion, tennis court, two car garage, and outdoor shower. Ocean beaches within a short distance. Undoubtedly one of the top addresses in all of the Hamptons.
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23 SHINNECOCK ROAD QUOGUE, NY ESTATE MANSION | 10 BEDROOMS | 8.5 BATHROOMS 3.4 ACRES | $9,875,000 WEB ID# 105509 18
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Located on Shinnecock Road in the coveted Estate Section of Quogue, this spectacular residence is reputed to be one of the last works by famed architect Stanford White. Commissioned by the Greeff textile family whose business was known for fabrics in authentic 18th and 19th century American designs, including fabrics produced by special arrangement with the Henry Ford Museum. The current owners of the stately home commenced a three year renovation/restoration project after their purchase in 2010. Transforming the home back to its original state of opulence and grandeur was their goal while at the same time being conscious of creating a sense of functionality and warmth for today’s lifestyle. With no expense spared in the process, the home and 3.4 acres of landscape now includes modern amenities while retaining its original character. This is a unique opportunity to acquire this famed Quogue mansion to enjoy for years to come. With close proximity to Quogue Main Street, the Atlantic Ocean and the various golf and tennis clubs, this home is equally convenient to New York City, and the regional Westhampton Beach airport just 10 minutes away which accommodates jets of any size.
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LISTOWEL: EXQUISITE MECOX BAY WATERFRONT ESTATE WATERMILL, NY BAYFRONT | 5 BEDROOMS | 6.5 BATHROOMS 6.9 ACRES | $32,000,000 WEB ID# 54376 20
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Utmost privacy surrounded on three sides by land that has been farmed by the same two families since the 1600’s. This 6.9 acre estate is bordered on the fourth side by 360 ft of water frontage on Mecox Bay. This shingle-style traditional house with classic English gardens truly epitomizes the concept of artisanal fueled craftsmanship. Taking 5 years to complete, Listowel truly redefines luxurious living in the Hamptons. The interior and exterior spaces are designed to seamlessly integrate all the modern conveniences yet still maintaining the old world style and sensibility. The home encompasses over 12,000 sq. ft. of living and entertaining spaces including a dramatic two-story library with fireplace as you enter the front door. The large living room with fireplace and French doors that open up to the expansive covered porch. Off the main foyer is the formal dining room with French doors, fireplace and hand-painted chinois wallpaper. The adjacent large gathering room opens on to the trellis-covered outdoor living room with a stone fireplace. Separate, though attached, is the “guest cottage” which features a complete informal living area which includes a fireplace, studio, en-suite bedroom and access to the outdoor spa. Off the main staircase, the master suite encompasses the entire south-eastern wing of the house and includes vaulted ceiling bedroom with fireplace and French doors that step out to the south facing deck with dramatic views of bay and the ocean beyond. There is a large, fully marbled master bathroom with radiant heat floors and views of the farm fields. There are 3 additional ensuite bedrooms, all with vaulted ceilings, and fully marbled spa-like bathrooms. The level of excellence continues outside to the design of the six acres of gardens and accessory structures including carriage house, heated gunite pool within the allée of Sycamore trees, vast rose garden, orchard of 60-year-old apple trees, potager, flower cutting gardens, and specimen mature trees, with room for a tennis court. A beautiful nature path leads down to the large dock, perfect for motor boats and kayaks. TIMDAVISHA MPTONS.COM
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75 FIRST NECK LANE SOUTHAMPTON, NY SHINGLE STYLE | 10 BEDROOMS | 10.5 BATHROOMS 2 ACRES | $12,400,000 WEB ID# 20125 22
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A rare and very special offering and a home for generations to come. This architecturally important residence was originally built in 1895 and completely renovated to the highest standards in 2002 and again 2007. At approximately 9500 square feet, it is sited on 2+ acres of beautifully landscaped grounds, gardens and a wide open lawn. The home was built to enjoy a gracious lifestyle and the principal rooms are generous and comfortable with detailed moldings and trim. The floor plan includes a large foyer opening to the formal living room with a fireplace, a sunroom that leads to the awning-covered patio, a beautiful paneled dining room, a butler’s pantry, a large eat-in gourmet kitchen, a library, and a magnificent conservatory that overlooks the lawn and gardens. There is a pool house / garden room with a full bath. There are 10 bedrooms with 10.5 baths including a spacious master suite with a study, a full deluxe bath, and a large covered sleeping porch. The lower level includes a playroom/gym, wine cellar and a staff suite. Accessory structures include an extra-long pool and tennis court.
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1904 SCUTTLE HOLE ROAD BRIDGEHAMPTON, NY FARMHOUSE | 5 BEDROOMS | 6 BATHROOMS 1 ACRE | $2,700,000 WEB ID# 106913 24
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A reimagined farmhouse house set in the countryside of Bridgehampton with captivating gardens and hundreds of specimen trees/plantings can be your “home in the Hamptons” for years to enjoy. Located within Bridgehampton’s horse country, the gated home opens onto a Belgian blocked courtyard that frames the entry way: a sun-filled atrium connecting what were two original farmhouses. Public living areas include a living room with original brick fireplace, formal dining room, eat-in kitchen with granite countertops and high-end appliances, and a den/bedroom. The home features an office/study with high vaulted ceiling, stone fireplace and full bath, which was originally used as the master suite. There is also a guest master suite with a delightful window seat and a bath with wainscoted walls, marble tub surround, antique marble-topped vanity and leaded glass window. A private office on the first floor provides access to the gardens and pool area. The second floor bedroom is separate, and well suited for early rising guests. Stepping onto the grounds feels like being dropped into the middle of Marder’s Nursery: exceptional trees and shrubs are all cleverly placed for the one acre parcel to feel exceptionally spacious, with sunny lawns, beds and borders of flowering shrubs and perennials. Huge vintage trees create a shady oasis while allowing just the right light to cast interesting shadows with pockets of sunshine. An enchanting two-story stone pool house sits directly alongside the heated, free-form gunite pool and contains a bedroom, full bath, sitting room, stone terrace and patio. Above the two-car garage is an enormous light-filled guest suite with high-vaulted ceiling, kitchenette, bedroom, full bath and private terrace. Just moments to Bridgehampton Village, this home is also close to the best of Atlantic Ocean beaches.
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12 BOYESEN ROAD SOUTHAMPTON, NY TRADITIONAL | 6 BEDROOMS | 6.5 BATHS 1.52 ACRE | $9,750,000 WEB ID# 107433 This stylish residence just a short distance to the Atlantic Ocean has been recently renovated and updated to take advantage of today’s active Hamptons lifestyle. A gracious floor plan opens to the outdoors and the well-landscaped, south-facing 1.5 acre parcel. The expansive rear yard beyond the inground pool and terraces boasts exceptional perimeter landscaping. Several of the highlights of this home include the open floor plan, living rooms for entertaining and the master suite which offers two bathrooms, a large terrace and peek of Taylor Creek and Shinnecock Bay in the distance.
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33 APAQUOGUE ROAD EAST HAMPTON, NY TRADITIONAL | 6 BEDROOMS | 5.5 BATHROOMS 2.04 ACRES | $9,995,000 WEB ID# 48300 Rare opportunity to purchase a two-acre Fleetwood designed estate in East Hampton’s coveted Lily Pond Estate Section, located seconds from world-renowned Georgica and Main Beaches. Facing south for excellent sunlight, the beautiful, park-like grounds offer ample room to build this dream estate, complete with expansive manicured lawns, mature specimen trees and privacy hedges. This unique situation features a six bedroom, five bath main house with media room, gym, wine cellar, spacious pool house, pool and Har-Tru tennis court, providing endless possibilities for the creation of a world-class Hamptons estate. One of the last of its kind.
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NORMANDY ESTATE SOUTHAMPTON, NY SHINGLE STYLE | 9 BEDROOMS | 8.5 BATHROOMS 5.57 ACRES | $29,900,000 WEB ID# 39603 30
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The magnificent “Normandy” estate on Lake Agawam is located along world renowned First Neck Lane. Drive through the impressive gates and the allée of trees to this magnificent country home sited on 5.56 acres with 400 feet of water frontage. Now available for the first time for your enjoyment after the completion of a 15-month rejuvenation and renovation. The main house offers breathtaking water views from the entry foyer as do all of the principal rooms which are all styled for today’s living by renowned global designer/decorator Tony Ingrao. Grand and gorgeous living areas with beautiful and modern finishes open to gardens, the lake, and acres of manicured lawn restored by landscape architect Edmund Hollander. Five ensuite bedrooms include the deluxe waterfront master suite offering the ultimate in relaxation along with the master bath which includes dual vanities, soaking tub and large shower. The private balcony/terrace offers ultimate serenity with broad vistas of lawn, the lake and secret gardens. A separate staff wing with two bedrooms and bath is ideally located where there is plenty of room to expand the footprint and residence if desired. The separate guest cottage is a home unto its self with sitting room, kitchen, two bedrooms and two bathrooms. The expansive grounds include a pool house with bath and lounge/sitting room, waterfront swimming pool with massive terraces and outdoor “living rooms”. The new sunken all-weather “deco-turf” tennis court is located out of view and convenient to other outdoor sporting areas. This is truly an exceptional opportunity to live on Lake Agawam and very close to the ocean, clubs, and to town on First Neck Lane in Southampton.
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6 SQUABBLE LANE SOUTHAMPTON, NY CONTEMPORARY | 7 BEDROOMS | 8 FULL BATHS~4 HALF BATHS 2.4 ACRES | $21,500,000 WEB ID# 101857 32
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Within in the coveted Murray Compound and just a few houses from the Atlantic ocean, this stylish and sleek contemporary with expansive west facing pond and ocean views is now for sale for the first time in 18 years. One of the few homes in the enclave with deeded ocean access, this residence of over 8,500 square feet offers glorious views of Wickapogue Pond and the Atlantic Ocean. Originally designed by architect Preston T. Phillips for Ford Motor heiress Elena Ford, this home offers gracious rooms with soaring ceilings and beautiful interior spaces for four season living and the ultimate Hamptons lifestyle. An ideal floor plan with generous principal rooms includes seven bedrooms and ten bathrooms on two floors. The glorious living spaces open to the expansive terraces, swimming pool, dining pavilion, an expansive lawn and Wickapogue Pond.
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16 ACRE BAYFRONT COMPOUND QUIOGUE, NY ARTS & CRAFTS | 12 BEDROOMS | 12 BATHROOMS 16 ACRES | $18,900,000 WEB ID# 37463 34
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This handsome 17 room Bayfront residence with two guest houses has not been for sale in over 50 years. A once in a lifetime opportunity exists here within the quiet hamlet of Quiogue conveniently located between Westhampton Beach and Quogue and just moments to all conveniences, houses of worship and pristine ocean beaches. 16 acres comprised of three parcels with over 500 feet of newly bulkheaded water frontage as well as the 3-stall horse barn with paddocks, tennis court and basketball courts, is an ideal outdoor enthusiast paradise. The ten-bedroom ten bath main house boasts beautiful bay views and easy access to the 50 foot in-ground pool with pavilion and tennis court. The two, three-bedroom guest houses are conveniently located off the main driveway near the main house. Meander through the pine forest and various pathways to an incredible 7500 square foot “art barn” structure housing the family’s private art collection which is a climate controlled two and a half story galvanized steel building on a separate parcel. Endless possibilities exist as a private gallery space, indoor sports facility or car collector’s warehouse while easily re-purposed as an additional guest house. Be the next owner of this private enclave 1.5 hours to New York City and just 10 minutes from Gabreski Airport. Offered exclusively and by appointment only.
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300 MURRAY PLACE SOUTHAMPTON, NY TRADITIONAL | 4 BEDROOMS | 3 BATHROOMS 1 ACRE | $7,950,000 WEB ID# 103929 You can now own this quintessential seaside cottage within the Murray Compound and part of the original 250 acre oceanfront enclave. A superb acre with preserved and pre-existing zoning, able to accommodate a new 5,800 square foot home, lies just 500 feet to the private Atlantic Ocean Beach access. This is truly a once in a lifetime opportunity.
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9 SEAPONACK DRIVE NORTH HAVEN, NY POST MODERN | 7 BEDROOMS | 9.5 BATHROOMS 3.2 ACRES | $5,495,000 WEB ID# 101187 A flawlessly designed home, melding a modern shingle style exterior, open floor plan and thoughtful finishes for a dream house product. Design, second only to the level of construction, 9 Seaponack Drive was built to suit the Hamptons lifestyle in very sense of the words. The brilliance of the design...light permeability and scenery views, coupled with stellar privacy from the neighbors creates a nearly waterfront oasis. Key features, include a tremendous, double-height foyer, first and second floor master bedrooms, 50x20 Gunite pool and a 3,000 square foot lower level. Near tennis courts and a private bay beach beyond, this idyllic setting and location is prime for your year round enjoyments just moments to Sag Harbor Village.
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1860 MEADOW LANE SOUTHAMPTON, NY CONTEMPORARY | 5 BEDROOMS | 5.5 BATHROOMS 5.04 ACRES | $27,000,000 WEB ID# 15809 38
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VIRTUAL RENDERING
VIRTUAL RENDERING
A contemporary residence of high quality construction is superbly sited on a pristine parcel along world famous Meadow Lane. Over 5 Acres of land with spectacular ocean coastline and Shinnecock Bay views. This home sits forward of neighboring houses affording views beyond the 200 feet of protected ocean frontage. Amenities include an Oceanside swimming pool enclosed in an atrium on the South side with a glass skylight offering protection from the weather, birds, and sand along with great views of the surroundings, seaside gardens and bayside tennis court all beautifully positioned behind the private gated entrance. Rendered photos provide ideas for a substantial addition and redesigned landscaping. An excellent value at this price.
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FOUR FOUNTAINS SOUTHAMPTON, NY FRENCH | 10 BEDROOMS | 8 BATHROOMS 6.7 ACRES | $35,000,000 WEB ID# 33756 40
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FOUR FOUNTAINS Steeped in history and with pedigreed former owners including the former chief of CBS William S. Paley, this American Art Deco home is now for sale after nearly 25 years. Originally built in the late 1920’s for Lucian Hamilton Tyng and Ethel Hunt Tyng, and designed by architects Peabody, Wilson and Brown, this glorious residence with a 40 x 40 foot grand living room is once again for sale. The compound spans almost 7 acres and features a main house, two guest wings, a caretaker cottage, separate green house, garages, swimming pool, pool house and private pond. Just yards away from the Atlantic Ocean, this home is one of the prized estates on the East End of Long Island. Offered exclusively and by appointment only.
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6 OLDE TOWNE LANE SOUTHAMPTON, NY TRADITIONAL | 10 BEDROOMS | 9 BATHROOMS 3.9 ACRES | $34,950,000 WEB ID# 25123 42
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Set on 4 +/- landscaped acres in the heart of the luxury enclave of Olde Towne, “Summer House” is John Kean’s newest estate complete with pool, pool house, tennis court and three-car detached carriage house. Pristine details articulate three levels of distinctive luxury and comfort. Refreshing, modern appointments and state-of-the-art amenities dovetail with Kean’s award-winning design and construction. The main house, with interior decorating by Anthony Ingrao, comprises approximately 16,000 square feet with nine bedrooms with baths ensuite of which two are true master suites, ten full and three half baths, the second floor master suite with stunning bath, three full staircases, elevator, six fireplaces, both a professional chef and a traditional kitchen, great room, breakfast room, den, library and extensive loggia with retractable automatic screens. Additional square footage awaits in the expansive lower level that features a theatre, gym, basketball court, spa area with juice bar, full bath, sauna, steam and massage rooms as well as entertainment lounge with full bar. The staff quarters feature a full kitchen, sitting room, two bedrooms each with baths ensuite and an outdoor terrace with dining areas. The third floor includes storage and a formal staircase up to the rooftop putting green where expansive views over the village await. The pool house features a lounge, kitchenette, two full baths and changing room. A wonderful canopy veils the pool house terrace providing shade for dining or relaxation. The grounds offer decorative, automated security gates that open to reveal a manicured, meticulous landscape, bordered by a classic Hamptons’ privet hedge. A 60 x 30 custom Gunite swimming pool with extensive sun-shelves for chaise lounges and a generous spa sit directly off the pool house terrace. A sunken, walled and seated gas fire pit and sunken Deco turf tennis court complete with decorative lattice fencing and a pergola covered viewing area augment the exterior amenities.
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64 DOWN EAST LANE SOUTHAMPTON, NY TRADITIONAL | 7 BEDROOMS | 8.5 BATHROOMS 1.8 ACRES | $12,500,000 WEB ID# 55722 This turn-key renovated and re-styled Hamptons traditional residence is beautifully sited on 1.8 acres in a quiet cul-de-sac within the historic estate section of Southampton. Masterfully crafted with a comfortable floor plan throughout, this home has been decorator designed and is now ready for your year round enjoyment. The gracious first floor includes a cathedral ceiling living room, completely remodeled eat in kitchen, formal dining room, library, media room, two guest suites, staff bedroom, laundry room and two car garage. The Master suite is located on the second floor with two full baths/closets, large terrace and a convertible office. Other features include three additional guest bedrooms, five fireplaces and wonderful architectural detail additions. A quiet location with second floor waterviews, you’ll enjoy the pool side-southwest facing verandas, and beautiful extensive landscaping.
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76 PIERPONT STREET SOUTHAMPTON, NY CONTEMPORARY | 3 BEDROOMS | 3 BATHROOMS 1.4 ACRES | $9,500,000 WEB ID# 104877 Located within a short distance to the Atlantic Ocean, shopping and restaurants on Main Street, this traditional Hamptons home offers easy living on one level. The residence offers a gracious entry foyer with cathedral ceiling, formal dining room with fireplace, living room with fireplace, master bedroom with fireplace and two additional en-suite bedrooms. The great room with fireplace opens to a terrace, swimming pool and established landscaped grounds with specimen trees. Sited on 1.4 acres, there is ample room for expansion of the residence and installation of a tennis court.
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53 HIDDEN COVE COURT SOUTHAMPTON CONTEMPORARY | 4 BEDROOMS | 4.5 BATHROOMS 1.3 ACRES | $2,300,000 WEB ID# 107968 In a quiet cul-de-sac just minutes to Southampton and Sag Harbor villages lies this two level contemporary residence on 1.3 acres with sun lit interiors and an open floor plan. Three finished levels spill out onto the decks, patios, and terraces complemented by extensive tiered landscaping, a gunite swimming pool and all-weather tennis court. Just listed for the first time.
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39 RAWSON ROAD SAG HARBOR ONE STORY | TRADITIONAL | 3 BEDROOMS | 2.5 BATHROOMS .92 ACRE | $2,250,000 WEB ID# 106986 Make this home your own and invest in the lifestyle that this spectacular one-level jewel in pristine condition has to offer. An open floor plan with vaulted ceilings and rooms full of light, includes three generous sized bedrooms and two and a half bathrooms. Two fireplaces warm the soul and make this home ideal as a four season getaway for everyone to enjoy. A covered porch provides for shade adjacent to the stone patio surrounded heated pool all overlooking the lush landscaping of nearly one acre. A full basement with high ceilings, an attached two-car garage all within a stone’s throw from a beautiful Peconic Bay beach access. This prime location is conveniently located only minutes to Sag Harbor Village, Bridgehampton, and Southampton ocean beaches.
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252 FIRST NECK LANE SOUTHAMPTON, NY TRADITIONAL | 9 BEDROOMS | 7.5 BATHROOMS 2.03 ACRES | $15,950,000 WEB ID# 109030 48
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Along one of the most premier village lanes within close proximity to the village center and the Atlantic Ocean, is this newly listed traditional three story home on 2 acres. This wonderful home is in beautiful condition and offers an ideal floor plan for entertaining family, friends and guests featuring nine bedrooms and eleven bathrooms and plenty of room for fun living. Outdoors you will find open and covered porches, swimming pool with spa, tennis court, two-car garage and a party Barn/game room with full bath and kitchenette. Sequestered behind high hedges and white entry gates, the manicured property boasts truly spectacular trees and gardens.
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32 HEDGES BANKS DRIVE EAST HAMPTON MODERN | 3 BEDROOMS | 2 BATHROOMS 1.2 ACRES | $4,500,000 WEB ID# 108836 Located in one of the most coveted Hamptons Bayfront communities with celebrity neighbors, this waterfront retreat offers expansive water frontage and unobstructed bay views and just steps to sandy bay beach. Enjoy stunning sunset skies from all the principal rooms including master bedroom suite and two first floor bedrooms. The original home owned and designed by renowned architect Harry Bates, was recently renovated in 2012 including modern kitchen and two full baths. Enjoy entertaining throughout the seasons by the roaring fire or the outdoor entertaining space. Ample room for house expansion and room for swimming pool.
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17 SARAHS PATH AMAGANSETT TRADITIONAL | 7 BEDROOMS | 8.5 BATHROOMS .92 ACRE | $6,900,000 WEB ID# 108543 Timeless architecture and a finely crafted, 8,500+ sf estate in the most sought-after Amagansett neighborhood south of the highway filled with celebrity neighbors is striking distance to the ocean and town. With superb workmanship and detail throughout, this high quality home is constructed for indoor and outdoor entertainment. High-ceilings throughout, numerous terraces on both floors, three fireplaces, an elegant foyer, formal dining room, and the high-end gourmet open kitchen with great room provides a welcoming place to gather. Take in the ocean breezes from the seven generous-sized en-suite bedrooms with outdoor sitting areas. The oversized master suite has a sitting room, two large closets and a relaxing whirlpool bath. The serene and protected property has secret gardens with charming rear walkways and a huge saltwater gunite pool with spa. Just listed and priced below replacement cost.
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DEVELOPMENT EAST HAMPTON, NY LAND | 2.04 ACRES | $9,995,000 WEB ID# 4701 Rare opportunity to purchase a two-acre Fleetwood designed estate in East Hampton’s coveted Lily Pond Estate Section, located seconds from world-renowned Georgica and Main Beaches. Facing south for excellent sunlight, the beautiful, park-like grounds offer ample room to build this dream estate, complete with expansive manicured lawns, mature specimen trees and privacy hedges. This unique situation features a six bedroom, five bath main house with media room, gym, wine cellar, spacious pool house, pool and Har-Tru tennis court, providing endless possibilities for the creation of a world-class Hamptons estate. One of the last of its kind.
SOUTHAMPTON, NY LAND | 1.52 ACRE | $9,750,000 WEB ID# 107433 This stylish residence just a short distance to the Atlantic Ocean has been recently renovated and updated to take advantage of today’s active Hamptons lifestyle. A gracious floor plan opens to the outdoors and the well-landscaped, south-facing 1.5 acre parcel. The expansive rear yard beyond the inground pool and terraces boasts exceptional perimeter landscaping. Several of the highlights of this home include the open floor plan, living rooms for entertaining and the master suite which offers two bathrooms, a large terrace and peek of Taylor Creek and Shinnecock Bay in the distance.
SOUTHAMPTON, NY LAND | 1.40 ACRE | $9,500,000 WEB ID# 104877 Located within a short distance to the Atlantic Ocean, shopping and restaurants on Main Street, this traditional Hamptons home offers easy living on one level. The residence offers a gracious entry foyer with cathedral ceiling, formal dining room with fireplace, living room with fireplace, master bedroom with fireplace and two additional en-suite bedrooms. The great room with fireplace opens to a terrace, swimming pool and established landscaped grounds with specimen trees. Sited on 1.4 acres, there is ample room for expansion of the residence and installation of a tennis court.
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SOUTHAMPTON, NY LAND | 1.00 ACRE | $7,950,000 WEB ID# 103929 You can now own this quintessential seaside cottage within the Murray Compound and part of the original 250 acre oceanfront enclave. A superb acre with preserved and pre-existing zoning, able to accommodate a new 5,800 square foot home, lies just 500 feet to the private Atlantic Ocean Beach access. This is truly a once in a lifetime opportunity.
SOUTHAMPTON, NY LAND | .64 ACRES | $4,875,000 WEB ID# 108929 Approved plans in place for a 7,800 square foot home with 4,800 square feet on two levels plus a finished 3,000 square foot lower level. This south facing .64 acre parcel with dense perimeter landscaping boasts pre-existing zoning conditions in place for building a dream home with two car garage, covered porch and outdoor fireplace. Also included in the approved footprint is a 20 x 45 pool and pool house.
SOUTHAMPTON, NY LAND | 25 ACRES | $4,850,000 WEB ID# 51727 25 acres divided into 5 parcels conveniently located in Southampton near the Water Mill border. Lot sizes range from 2.1 acres to 7.4 acres priced $750k to $1.3M. All lots may accommodate 6,000+ square foot home, pool and tennis. Well suited for builders, developers or end user. Call to receive a copy of the site plan and property analysis. 89 Castle Hill Court, Southampton – 5.57 Acres $850,000 91 Castle Hill Court, Southampton – 5 Acres $1,300,000 93 Castle Hill Court, Southampton -7.33 Acres $1,200,000 106 Castle Hill Court, Southampton – 5.2 Acres $950,000 110 Castle Hill Court, Southampton – 1.9 Acres $750,000
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RENTALS SOUTHAMPTON, NY TRADITIONAL | 6 BEDROOMS | 6 BATHROOMS 2.21 ACRES | $350,000 JULY | $375,000 AUGUST WEB ID# 105958 Located on one of the prime seaside streets in Southampton, enjoy the cool breezes from the Atlantic Ocean and the 166’ of pristine white sandy beach frontage at this 2.2 acre residence. Over 5,500 square feet of living spaces on two levels is yours to enjoy. Sunlit entertaining areas which include living room and formal dining rooms each boast high ceilings and expansive windows to enjoy the ocean vistas and easy access to the outdoor living spaces including an oceanside swimming pool. Early risers can enjoy morning coffee with picturesque sunrises on the upper deck or the pond views from the chef’s kitchen. The oceanfront master suite with window seat has access to a private deck; master bath has dual vanity, shower and soaking tub. The residence features five additional bedrooms and full baths, media room, library and private gym. Easy access through a private path to the ocean beach is steps away. Come and live the Hamptons Lifestyle all within a short distance from Main Street shops and restaurants.
SAG HARBOR, NY TRADITIONAL | 5 BEDROOMS | 5.5 BATHROOMS .4 ACRES | MD-LD $350,000 WEB ID# 10206 This new classic home in Sag Harbor with modern interior features full of light and open living spaces is now available. The 29 ft entry foyer with a floor to ceiling river-stone fireplace is the centerpiece from which the thoughtful floor plan unfolds. Beautifully designed and perfectly executed, this is a home to enjoy in the quiet location within a short distance to Main Street and the world renowned port of Sag Harbor. Over 7000 +/- sq. ft. includes a first floor junior master and three ensuite bedrooms on the second floor including the sumptuous master haven with fireplace. Special features in the home include a main kitchen and large butler’s pantry, a vast second floor lounge area with fireplace, smart house technology and a spectacular lower level with entertaining spaces and a double sided fireplace. This area showcases your wine collection, and a subterranean car lift, visible behind a wall of glass which flaunts that special exotic or classic car in your collection. Completing the picture is a stunning heated gunite pool and summer shower.
SOUTHAMPTON, NY SHINGLE STYLE | 9 BEDROOMS | 8.5 BATHROOMS 5.57 ACRES | $300,000 AVAILABLE 2 WEEKS IN AUGUST WEB ID# 39603 The magnificent “Normandy” estate on Lake Agawam is located along world renowned First Neck Lane. Drive through the impressive gates and the allée of trees to this magnificent country home sited on 5.56 acres with 400 feet of waterfrontage. The main house offers breathtaking water views from the entry foyer as do all of the principal rooms which are all styled for today’s living by renowned global designer/decorator Tony Ingrao. Five ensuite bedrooms include the deluxe waterfront master suite offering the ultimate in relaxation. A separate staff wing with two bedrooms and bath is ideally located off the service area of the home. The separate guest cottage is a home unto its self with sitting room, kitchen, two bedrooms and two bathrooms. The expansive grounds include a pool house with bath and lounge/sitting room, waterfront swimming pool with massive terraces and outdoor “living rooms”. This is truly an exceptional opportunity to stay on Lake Agawam and very close to the ocean, clubs, and to town on First Neck Lane in Southampton. 56
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SAG HARBOR, NY CONTEMPORARY | 4 BEDROOMS | 5.5 BATHROOMS .54 ACRES | $275,000 SEASONAL WEB ID# 47965 This recently constructed contemporary home in an exclusive beach community offers stunning sunsets across Noyac Bay. In close proximity to Sag Harbor Village, this sleek four bedroom, six bath home has room for everyone. Relax in the heated waterside gunite pool or in the first floor living area that includes an open waterside living room, fully equipped gourmet kitchen, plus a pool house and a separate den. The second floor has two magnificent water view master bedroom suites, plus two additional bedrooms. And, you can enjoy sunset cocktails on the spacious third floor observation deck. The finished lower level offers a gym and playroom with full bath. There is a separate detached two car garage with a second floor bedroom suite for guests or nanny quarters, plus an outdoor shower. This home offers seclusion yet is minutes to villages, restaurants and shops.
WATER MILL, NY TRADITIONAL | 8 BEDROOMS | 7.5 BATHROOMS 2.13 ACRES | $750,000 MD-LD WEB ID# 105958 Water Mill residence sited on over 2.1 acres on a quiet cul-de-sac is centrally located to village and ocean beaches. This new traditional is fresh and chic with sunlit double height living room which opens to the outdoor entertaining areas, library/media room with adjoining powder room, den with fireplace, formal dining room and large eat-in kitchen. With seven bedrooms including the master bedroom suite with gas fireplace and first floor guest suite there is ample room for guests. The lower level boasts a 10 seat theater, game room with pool table and wet bar, wine cellar and room for staff. Outside you find dining terraces, outdoor grill, swimming pool, pool house and all-weather tennis court. Retreat to the pool house to enjoy the lounging room with fireplace, play room, powder room and outdoor shower.
SOUTHAMPTON, NY TRADITIONAL | 9 BEDROOMS | 7 BATHROOMS 1.24 ACRES | $225,000 AUGUST WEB ID# 60445 This nine bedroom, seven bathroom beach house has a well designed floor plan for relaxation and entertaining. Located well within a compound, this property offers your own ocean beach access- just in front of the lush green lawn and flower gardens. There are water views from many rooms and many balconies from which to hear the sounds of the waves. A large covered porch leads you to your heated gunite pool and tennis court. Decorated in colorful beach colors and tasteful art, this home offers you the perfect vacation spot for your summer in the Hamptons.
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INTERNATIONAL
PONTE SUD SRI LANKA RESORT / LAND 3.25 ACRES | CALL FOR PRICING
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Pointe Sud is one of Asia’s most private and exclusive properties. The 3.25 acre site is nestled on Sri Lanka’s southern-most tip, with breath-taking 180 degree uninterrupted views of the Indian Ocean, impressive Palladian style architecture and direct access to an 800m beachfront. The potential exists to develop this site into a luxury hotel spa resort with private beach lagoon.
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INTERNATIONAL
LA CHRYSANELLE FRANCE 3 HOUSES: MANSION 3 BR | 3 BA |GUEST HOUSE 3 BR | 3 BA GUARDIAN HOUSE 6 BR | 3 BA DOMAIN DE BEAUVALLON GRIMAUD / SOUTH OF FRANCE OCEANVIEW TO MEDITERRANEAN AND GULF OF ST. TROPEZ | CALL FOR PRICING 60
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Mansion House, Living area – 587m2 (~ 6.318 ft2) Rooms – salon with fireplace, library with fireplace, kitchen with dining space and fireplace, dining room with fireplace, office, 1 master bedroom, 2 guest bedrooms, each bedroom has its own bathroom– 2 wings connected through central tower, 2 floors & basement, in-house lift. Garage – 150m2 (~ 1.600 ft2), with 2 turntables (cars & motorcycles), space enough for 6 cars, Pool – 12m x 8m, (39ft x 26ft); 200 cbm (52.835 gal US), Tennis Court – Standard size, Construction period – 2008 until 2016 Guesthouse, Living area – 193m2 (~ 2.077 ft2) Rooms – salon with fire place, kitchen, 3 bedrooms, each bedroom has its own bathroom, terrace with sea view– 2 floors, separate entry plus underground connection to mansion house, Construction period – 2008 until 2010 Guard House, Living area – 240m2 (~ 2.583 ft2) Rooms – salon with fire place, kitchen, 6 bedrooms, 3 bathrooms and 1 shower place, 1 spacious storage room, terrace with sea view, on 2 floors, Pool – 10 x 5m, (39ft x 26ft); 100 cbm (380 gal US), Garage – 2 cars with additional wide storage space; 42m2 (~ 452 ft2), Construction period – in the seventies, remodeled 2002
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About Tim Davis
P
ower broker and lifelong Hamptons resident Tim Davis boasts an accomplished 38-year real estate career listing and selling some of the finest properties on the East End. Known as an expert in the marketplace, he continues to reign among the most select, sought after top Hamptons Brokers in the industry; plus he consistently ranks among the Top 25 Agents in Volume in the United States. In his exemplary career, Tim has sold over $4 billion of Hamptons real estate, ranging from luxury estate homes and oceanfront properties to village cottages and bay-front retreats. Tim’s global network has grown to include affiliations in other markets including John Taylor International, Verzon and Leading Estates of the World; just to name a few. These relationships enable his clients to reap the benefit of exposing their properties to a vast International audience. At the same time, it provides for him sharing a wealth of knowledge to both buyer and seller that only 38 years of experience can provide. With sales volume in over $1.75 Billion occurred during 2012 through 2018, Tim successfully negotiated over $4 Billion in sales while achieving record prices for both waterfront and interior properties for his clients with some notable sales such as The Ted Forstmann Oceanfront Estate, The Founder of “Snapple”, Arnold Greenberg Estate on Meadow Lane, An oceanfront home in East Hampton for nearly $35M, “Westerly”, The Estate of Howard Gittis at the record sale price of $38.5M. He also procured the buyer for his co-exclusive listing, Wooldon Manor, which was listed for $100m and closed for $75M which the following year he sold for $82M. The oceanfront home used for filming the movie “Something’s Gotta Give” Tim sold at a record price of $41M – for a home on 2 acres. Tim’s success has continued with the sale of the Nash Estate on Mecox Bay, an Oceanfront residence on Squabble Lane, “Gardenside” for the third time with a closing price of $24M and the largest land sale in Amagasett of 33+ Acres, The Fleetwood Compound, which was listed for $19.85M. Prior to his association with Corcoran, Tim was a former principal of the leading boutique Hamptons real estate brokerage firm, Allan Schneider Associates. He and his two partners sold the company (which grew under his leadership to 12 offices with 350 agents and $1.2 billion in annual sales) to NRT/Realogy, the parent company of The Corcoran Group, in August 2006.
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Recent Awards 2017 Wall Street Journal Best RE Agents in America 2017 Southampton Top Producer 2017 Top Deal Of The Year – East End 2016 Wall Street Journal Best RE Agents in America – Ranked Top 25 2016 President’s Council 2016 Southampton Top Producer 2015 Top Deal Of The Year – East End 2015 Wall Street Journal Best RE Agents in America – Ranked Top 21 2015 Southampton Top Producer 2014 #6 Ranked Broker in US – Wall Street Journal 2014 Top Deal Of The Year – East End 2014 #1 Hamptons Agent 2014 President’s Council 2013 #1 Overall Broker at Corcoran 2013 #4 Ranked Broker in U.S. Wall Street Journal 2013 Top Rental Of The Year – East End 2013 Top Deal Of The Year – East End 2013 #1 Hampton’s Agent 2013 President’s Council 2012 Southampton Salesperson of the Year Award 2012 President’s Council 2011 Wall Street Journal Real Estate Top 25
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A SELECTION OF LANDMARK SALES * PRICING SHOWN LAST LIST PRICE
SOUTHAMPTON, NY 7 BEDROOMS | 7.5 BATHROOMS 14.5 ACRES | $68,000,000
SOUTHAMPTON, NY 12 BEDROOMS | 9 BATHROOMS 3.77 ACRES | $50,000,000
SOUTHAMPTON, NY TRADITIONAL | 7 BEDROOMS | 8.5 BATHROOMS 15.40 ACRES | $45,000,000
EAST HAMPTON, NY 4 BEDROOMS | 6.5 BATHROOMS 2.8 ACRES | $19,000,000
SOUTHAMPTON, NY CONTEMPORARY | 8 BEDROOMS | 9.5 BATHROOMS 3.66 ACRES | $39,000,000
SOUTHAMPTON, NY 9 BEDROOMS | 11.5 BATHROOMS 4.53 ACRES | $38,000,000
SOUTHAMPTON, NY 7 BEDROOMS | 9.5 BATHROOMS 4.50 ACRES | $36,000,000
AMAGANSETT, NY 4 BEDROOM | 4 BATHROOMS 33.67 ACRES | $19,850,000
SOUTHAMPTON, NY 10 BEDROOMS | 11.5 BATHROOMS 4 ACRES | $29,900,000
SOUTHAMPTON, NY 6 BEDROOMS | 6.5 BATHROOMS 4.89 ACRES | $28,500,000
WATER MILL, NY 6 BEDROOMS | 7.5 BATHROOMS 5.8 ACRES | $28,000,000
SOUTHAMPTON, NY 7 BEDROOMS | 11.5 BATHROOMS 1.84 ACRES | $27,000,000
SAGAPONACK, NY 7 BEDROOMS | 7.5 BATHROOMS 4.20 ACRES | $24,950,000
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2018 1Q LUXURY MARKET The luxury market is defined as the top 10% of all residential sales made within the period being reported. As various factors redefine the high-end market in any given period, these numbers may exhibit more volatility than the market overall.
SOUTH FORK
1Q18
1Q17
% CHG (YR)
53
67
-21%
$578M
$346M
-7%
AVERAGE PRICE
$8.747M
$7.453M
17%
MEDIAN PRICE
$6.55M
$5.15M
27%
NORTH FORK
1Q18
1Q17
% CHG (YR)
15
20
-25%
VOLUME
$25.003M
$35.009M
-29%
AVERAGE PRICE
$1.667M
$1.750M
-5%
MEDIAN PRICE
$1.475M
$1.475M
0%
SALES VOLUME
On the South Fork, price statistics increased for the luxury market. Average price was up 17% and median price was up 27%. There were more reported sales over $5M in First Quarter 2018 the First Quarter 2017. Last year it was the $4M range that was noticeably stronger than this year.
SALES
23 SHINNECOCK,ROAD QUOGUE NY WEB ID: 105509 | $9.875M IN CONTRACT
122 / 132 SOUTH MAIN STREET SOUTHAMPTON, NY WEB ID: 30287 | $15.875M IN CONTRACT
OVERALL INVENTORY INVENTORY
Inventory is the total number of East End properties listed for sale at the end of a particular period. First Quarter 2018 inventory was 5,646 listings, just slightly below the last quarter’s inventory. Year-over-year inventory decreased 7%, and represented the sixth consecutive quarter with a decline.
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2018 2Q LUXURY MARKET It was a better quarter for luxury on the South Fork as compared to a year ago. Average price was up 17% and median price was up 18%. A notable pickup in sales reported over $5M meant that the minimum price to be in top 10% this quarter was $4.9M, whereas last year the luxury threshold was $3.8M. On the North Fork, the luxury market did not fare as well. Average price decreased 31% and median price decreased 18%. Fewer deals over $2M this quarter drove these statistics lower.
SOUTH FORK
2Q18
2Q17
% CHG (YR)
54
53
2%
$492.604M
$414.344M
19%
AVERAGE PRICE
$9.122M
$7.818M
17%
MEDIAN PRICE
$7.075M
$6M
18%
NORTH FORK
2Q18
2Q17
% CHG (YR)
14
13
8%
VOLUME
$26.01M
$35.02M
-26%
AVERAGE PRICE
$1.858M
$2.694M
-31%
MEDIAN PRICE
$1.544M
$1.875M
-18%
SALES VOLUME
SALES
7 BAYFIELD LANE WESTHAMPTON BEACH, NY WEB ID: 55649 | $5.5M IN CONTRACT
41 HERRICK ROAD SOUTHAMPTON, NY WEB ID: 39085 | $10.9M IN CONTRACT
OVERALL INVENTORY INVENTORY
Inventory is the total number of East End properties listed for sale at the end of a particular period. Second Quarter 2018 inventory was 5,767 listings, 4% below the last year’s level. However, versus First Quarter 2018 inventory increased, which represented the first quarter-over-quarter increase since Third Quarter 2016.
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2018 Q3 LUXURY MARKET 3Q18
2Q17
% CHG (YR)
60
59
2%
$438.581M
$488.579M
-10%
AVERAGE PRICE
$7.310M
$8.281M
-11%
MEDIAN PRICE
$5.450M
$5.660M
-3%
all over $1M this quarter, plus more were over $1.5M
NORTH FORK
3Q18
2Q17
% CHG (YR)
in Third Quarter 2018.
SALES
14
15
-7%
VOLUME
$28.863M
$25.248M
14%
AVERAGE PRICE
$2.062M
$1.683M
22%
MEDIAN PRICE
$1.888M
$1.140M
66%
There were fewer closed sales reported over $10M on the South Fork. Therefore, luxury market sales volume and average price decreased 11% yearover-year. Median price dipped less, by 3%. The North Fork’s luxury market had improved statistics. Average price increased 22% and median price was up a significant 66%. The top 10% of sales were
SOUTH FORK SALES VOLUME
75 FIRST NECK LANE SOUTHAMPTON, NY WEB ID: 20125 | $12.4M IN CONTRACT
168 MAIN STREET SAG HARBOR, NY WEB ID: 10633 | $5.5M IN CONTRACT
OVERALL INVENTORY INVENTORY
Inventory is the total number of East End properties listed for sale at the end of a particular period. Third Quarter 2018 inventory was 5,997 listings, essentially level with available homes at this time last year. Inventory grew versus Second Quarter 2018 by 4%, although it is a common seasonal trend for inventory to increase in the third quarter versus second quarter.
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