As with all Top 10 Reports, buying a slice of the Big Blue remains the golden rings as half are on the ocean. Top billing goes to 263 Surfside Drive, Bridgehampton, a stunning modern beauty ...
The past few years the TOWN & COUNTRY TOP 10 MOST EXPENSIVE HOME SALES REPORTS has not exactly stopped the presses, as they did in 2017 & 2014 when de Menil traded to Barron and Gordon to Rosenstein, respectively. I theorized we were in a 7 year cycle for sales over $100M but the current contract on Calvin Klein’s Meadow Lane oceanfront compound to billionaire Ken Griffin in a whisper deal may break that theory, but I’ll talk about the former Dragon Head in next year’s report…for now let’s focus on 2019.
As with all Top 10 Reports, buying a slice of the Big Blue remains the golden rings as half are on the ocean. Top billing goes to 263 Surfside Drive, Bridgehampton, a stunning modern beauty on 1.3 acres of beach front for $39,250,000.
263 Surfside Drive – Bridgehampton $39,250,000
Surfside Drive 263 LLC to SA123 LLC
96 Meadow Lane – Southampton $31,350,000
Seacret LLC to Casa Meadow LLC
950 Meadow Lane – Southampton $29,875,000
Mary Jordan to M4950 LLC
6 Olde Towne Lane – Southampton $27,000,000
Olde Towne Development Oceanview RE Holdings LLC
236 Quimby Lane – Bridgehampton $26,000,000
Quimby Lane LLC to 236 Quimby LLC
40 Association Road – Wainscott $24,300,000
Eleanore Kennedy Family LLC to 40 Association LLC
7 West End Avenue – East Hampton $22,500,000
Manheim Family LP to 7 West End Road LLC
412 First Neck Lane – Southampton $22,000,000
Atreides LLC to 412 First Neck Lane LLC
660 Halsey Neck Lane – Southampton $22,000,000
Bruce & Maria Bockmann to Four Fountains LLC
901 Scuttle Hole Road – Water Mill $20,993,984
Cheryl & Edward Gordon to Three Ponds Farm Owner LLC
In 2019 all 10 sales were over $20M and all sold for discounts off their original list prices, with the steepest being #10 – the sale of the 60 acres called Three Ponds Farm, developed by the late Edward S. Gordon, originally listed at $75M more than a decade ago. When Mr. Gordon chose to sell his Bridgehampton ocean front and move to Bridgehampton North he singlehandedly changed the market and prices North of the Highway began to rise exponentially. He was certainly a visionary. The property, as the name suggests, has three ponds on it, along with its own 18-hole Rees Jones designed golf course.
I predict 2020 will blow this Top 10 far and away.
To view all Top 10 Most Expensive Sales visit http://bit.ly/381H4I6.
Credit: Town & Country Real Estate