Developer Resnick lists Hamptons pad for $26.75 million

TRD New York /
Apr.April 22, 2010 12:59 PM
alternate text137 Crestview Lane and Scott Resnick

Developer Scott N. Resnick, scion of one of Manhattan’s most prominent real estate families, has listed his oceanfront Hamptons spread for $26.75 million, according to a source and property records (see more photos of the home below).

Resnick is the son of Burton Resnick, the CEO of Jack Resnick & Sons, one of New York’s largest owners of office properties. Scott was formerly the company’s president and COO, but left the family business in 2007 to form his own company, real estate firm SR Capital. 

Resnick’s seven-bedroom home at 137 Crestview Lane in Sagaponack, which hit the market in March, is situated on 2.4 oceanfront acres.

The listing broker, John Healey of Town & Country Real Estate, declined to name the owner, but property records show that Resnick and his wife, Kimberly, bought the spread in October of 2007 for $18 million from Philip D. Turits, the co-founder of Manhattan telecommunications firm Fusion.

The 4,500-square-foot house has been fully renovated with marble floors and mahogany trim, Healey said. On the 2,000-square-foot deck, a triangular heated gunite infinity pool overlooks the ocean. The property also has a two-bedroom, two-bath guest cottage and a two-car garage.

Both the dining room and master bedroom have two adjacent walls of windows that offer expansive views of the ocean, Healey said.

“It’s really quite spectacular,” he said.

A lawn stretches from the house to a secluded beach, accessible by a private staircase. And, as noted when the listing first went on the market, it has two sets of laundry facilities, on the second floor and on the ground floor.

Healey said he’d done “a good amount of showings” since the property went on the market.

First-quarter market reports showed that the high-end real estate market is returning in the Hamptons.

Resnick has shown a knack for profitable flips in the past. In 2008, he sold a three-story West Village townhouse at 291 West 4th Street for $4.6 million, $1 million more than he paid for it less than four months earlier.

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