Bridgehampton compound with golf course relists for $49M

Three Ponds Farm, the nearly 60-acre compound and private golf course, has relisted for $49 million, significantly lower than its previous $60 million price tag, Curbed reported. Designed by renowned golf course architect Rees Jones, the 18-hole course has four shared greens and fairways along with three sets of tees. A restored milking barn at the fifth hole serves as a halfway house with a living room and bathroom. The U.S. Golf Association-rated course’s pro shop, staff suite and service buildings also date back to its days as a dairy farm. The property’s 25,000-square-foot main house, designed by architect Allan Greenberg, has eight bedrooms, 10 bathrooms, three half-bathrooms, five fireplaces and indoor-outdoor living areas. The grounds also hold a gunite pool, spa, grass tennis court and wisteria-covered pergolas. Landscape architect Edmund Hollander has built various gardens on the property, of which about 30 acres are usable for subdivision. Three Ponds Farm once sought $68 million, albeit back in 2007. Bespoke Real Estate, founded in 2014 by luxury listing experts the Vichinsky brothers, now has the listing for Three Ponds Farm, which had previously been listed with Sotheby’s International Realty. [Curbed]