East Hampton mansion up for auction

The home is next door to the record-breaking $147M Further Lane property

80 Further Lane
80 Further Lane

An East Hampton’s mansion is hitting the auction block this week after the owners failed to pay $10.5 million on the mortgage.

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The property, located at 80 Further Lane, is on 1.8 acres, with an 8,100-square-foot house built in 2000, according to Curbed. It also features a pool, basketball court and formal gardens.

But it’s the neighbors at 60 Further Lane that are making headlines. That is the address of the much larger oceanfront property that made headlines back in May when it sold for a record-breaking $147M. [Curbed]Christopher Cameron