These Southampton properties are now listed as a huge $73M compound

The properties were previously listed separately

Tri-State /
Jan.January 31, 2019 05:00 PM

660 Halsey Neck Lane (left) and 359 Meadow Lane in Southampton (Credit: Google Maps)

Two Southampton properties are now being sold as one massive compound — with the sky-high price tag of $72.5 million.

The properties at 359 Meadow Lane and 660 Halsey Neck Lane came on the market at different times over the last two years, Curbed reported. Now they’re being marketed together by Bespoke Real Estate as a compound that spans 12.2 acres.

Previously the Meadow Lane property was asking $37.5 million and the Halsey Neck Lane one was asking $35 million. The compound spans about 15,700 square feet — including 15 bedrooms, two separate guest homes, two pool houses and three garages. There’s about 700 feet of direct water frontage.

The Meadow Lane property was last purchased in 1998 for $1.66 million, the report said. The Halsey Neck property, known as Four Fountains, was most recently owned by Bruce Bockmann, a managing director at Morgan Stanley.

Buyers may still purchase the properties separately, the report said. Bespoke didn’t immediately respond to request for comment.

The compound is commanding a steep price at time when the Hamptons market has been slowing down. In the fourth quarter, the Hamptons market saw a 35 percent decline in sales versus a year earlier, according to Douglas Elliman. But buyers did opt for higher-priced inventory: The $5 million-plus market saw a smaller decline in sales than other price segments, boosting its share of deals. [Curbed] — Meenal Vamburkar


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
City Council Majority Leader Laurie Cumbo and 840 Atlantic Avenue (Getty, Google Maps)
Atlantic Avenue project gets haircut — and is rejected anyway
Atlantic Avenue project gets haircut — and is rejected anyway
Opendoor CEO Eric Wu (iStock)
Opendoor revenue bounces back in Q1
Opendoor revenue bounces back in Q1
Joan Rivers and 1 East 62nd Street (Getty, Sotheby's)
Joan Rivers’ longtime UES penthouse hits the market for $38M
Joan Rivers’ longtime UES penthouse hits the market for $38M
Clockwise from top left: Scott Stringer, Maya Wiley, Raymond McGuire, Andrew Yang and Shaun Donovan (Getty)
What do Brooklyn homes cost? Don’t ask these candidates
What do Brooklyn homes cost? Don’t ask these candidates
Exhausting other options, buyers flock to fixer-uppers
Exhausting other options, buyers flock to fixer-uppers
Exhausting other options, buyers flock to fixer-uppers
(iStock)
Up, up and away: Home prices soar beyond buyers’ reach
Up, up and away: Home prices soar beyond buyers’ reach
 9 Olde Towne Lane
Southampton home in exclusive enclave sells for $34.5M
Southampton home in exclusive enclave sells for $34.5M
arrow_forward_ios

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

Loading...