search

The Real Deal Logo

Trending

Lawmakers reach sweeping housing deal with “good cause eviction,” new 421aLawmakers reach sweeping housing deal with “good cause eviction,” new 421aTrump accused of making false statements about $50M Chicago tower loanTrump accused of making false statements about $50M Chicago tower loanBank of Southern California puts Neil Shekhter portfolio up for saleBank of Southern California puts Neil Shekhter portfolio up for saleMayor Bass wants wealthy Angelenos to pay for homeless housingMayor Bass wants wealthy Angelenos to pay for homeless housing
New York

Southampton oceanfront estate trades for $21.9M

From left: Raymond Smith,t he exterior and the interior of 466 Gin Lane
From left: Raymond Smith,t he exterior and the interior of 466 Gin Lane

Following three $20 million-plus deals on the East End in the past few weeks alone, including one made by Goldman Sachs CEO Lloyd Blankfein, there’s been another mega-residential deal there. Curbed reported that 466 Gin Lane in Southampton traded hands for $21.9 million — just in time to beat the tax increases that could take effect in 2013.

Raymond Smith of Douglas Elliman had the listing for the four-bedroom, 5.5-bathroom home, which measures 6,000 square feet and sits on an estimated two acres of oceanfront land. The property has 250 feet of ocean frontage.

Sign Up for the undefined Newsletter

Inside, the home has a media room and a paneled library, according to the listing. Out back, there’s a tennis court.

Purchaser and seller information were not available.

As previously reported, there’s a rush in the city now among the well-heeled househunters to close deals as, the fiscal cliff looms. [Curbed] —Zachary Kussin