Oceanfront Montauk home lists for $48M

New York /
Sep.September 25, 2018 05:18 PM

A home sitting on 36 acres in Montauk hit the market for $48 million, Curbed reported. The owner, frame dealer Eli Wilner, bought the property with his wife in 1992 for $630,000. There were no building permits in place at the time, but they eventually got architect Frank Hollenbeck and the Men at Work Builders to erect the home. The land, which has 400 feet of ocean frontage, is a private preserve which would probably bar any further permits for new buildings. The home itself has five bedrooms, five bathrooms, four gas fireplaces, heated marble floors throughout, floor-to-ceiling windows, a movie theater and an elevator. Kathleen Coumou of Christie’s International Real Estate and Martha Gundersen of Brown Harris Stevens are handling the listing. [Curbed]


Related Articles

arrow_forward_ios
Robert Futterman charged with DUI in Hamptons car crash
Robert Futterman charged with DUI in Hamptons car crash
Robert Futterman charged with DUI in Hamptons car crash
Ron Perelman with the Lily Pond Lane estate (Getty, Sotheby's)
Ron Perelman lists his other East Hampton mansion for $115M
Ron Perelman lists his other East Hampton mansion for $115M
Long Island (iStock)
Home sale prices hit record high in Suffolk County
Home sale prices hit record high in Suffolk County
442 Further Ln, East Hampton, NY (Zillow)
East Hampton estate sells above $52.5M ask in 1 month
East Hampton estate sells above $52.5M ask in 1 month
Maria Kimberly and 68 Ridge Road (Facebook, Zillow)
No pictures, please! Supermodel Maria Kimberly’s Southampton home to be sold at auction
No pictures, please! Supermodel Maria Kimberly’s Southampton home to be sold at auction
(iStock)
Hamptons adds whites and Latinos, loses Black residents
Hamptons adds whites and Latinos, loses Black residents
(iStock)
Brooklyn home contract signings up 142% from pre-pandemic level
Brooklyn home contract signings up 142% from pre-pandemic level
Assemblyman Fred W. Thiele, Jr. (Getty, Facebook via Thiele)
Hamptons sales power 115% increase in preservation fund
Hamptons sales power 115% increase in preservation fund
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...