One of Sagaponack’s oldest summer estates has hit the market — a rare occasion for the property, which has changed hands just twice in the last 120 years.
The four-acre compound near the intersection of Sagaponack Main Street and Hedges Lane is asking $21.5 million, Mansion Global first reported. The property includes a 19th-Century shingled main house, a guest house, a carriage house and a 1.4-acre “wild conservation grove of specimen trees,” according to the listing.
The remaining 2.6 acres offer a pool, a tennis court and a hedge-lined garden.
The three buildings on the property combine for 6,600 square feet, including nine bedrooms and eight bathrooms. The guest house has one of each, as well as its own kitchen and art studio, while the carriage house has been converted into a three-bedroom, three-bathroom home.
The main, five-bedroom house, which dates to 1899, comes with several fireplaces, a library, a chef’s kitchen and a sitting room that opens to a sun deck.
If it finds a buyer, it will be the first time the property has changed hands in decades; it’s been in the same family for more than 50 years and has only had three owners since its early days as a summer retreat and horse farm.
Sotheby’s International Realty’s Dana Trotter
Sotheby’s International Realty’s Dana Trotter and Shane Donahue have the listing.
The tiny Hamptons village tends to produce massive home sales. In May, a waterfront estate once owned by late Johnson & Johnson CEO James Burke sold for nearly $48 million. That four-acre estate includes two 1980s-era homes and the right to build a 7,000-square-foot one on an undeveloped parcel with a pool and tennis court.
In March, a contemporary-style oceanfront mansion sold for $50 million . The mystery buyers scooped up the 10,000-square-foot home in an off-market deal.
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— Holden Walter-Warner