Oceanfront estate in Bridgehampton sells for $20M

113 Mid Ocean Drive (Corcoran)
113 Mid Ocean Drive (Corcoran)

A 2.2-acre property on Bridgehampton’s waterfront owned by the late General Electric executive Reuben Gutoff has sold for $20 million, according to the Southampton Press. It’s one of the larger deals in the area this year. The buyer was Kapri Realty Trust. The modernist main house on the property has five bedrooms, three bathrooms, and multiple levels of decking to take advantage of views across the Atlantic Ocean. Gutoff bought the home in 1983 and added those decks in 1995. He died in April at the age of 93 due to complications brought on by Covid-19. [Southampton Press] – Dennis Lynch

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