Former Hamptons nunnery to list for over $100M

A former nunnery called Villa Maria in the Hamptons community of Water Mill could hit the market for more than $100 million. The 15-acre estate sports a 21,000-square-foot Beuax Arts mansion with 12 bedrooms, 13 bathrooms, a ballroom, and three guest cottages along its 1,200 feet of shoreline. It was bought by Nine West shoe mogul Vincent Camuto in 2005 for $35 million. Corcoran broker Peter Huffine reportedly has the listing. This month, The Real Deal took a look at the Hamptons market.