The Southampton home designed and owned by the late fashion designer and Broadway performer Luba Marks is in contract. It had been asking $37 million.
Built in 1972, the 3,727-square-foot, single-family house at 1210 Meadow Lane is situated on 3.32 acres of oceanfront. It features three bedrooms, four and a half bathrooms, a tennis court and a pool on more than 200 feet of white-sand beach.
The property is being represented by Douglas Elliman’s Michaela Keszler and Madeline Hult Elghanayan. “It’s a true rarity for a special oceanfront opportunity like this one to become available and it did not remain long,” said Keszler. It had listed early in the winter.
Known for her women’s pantsuit designs, Marks ran a fashion label from the 1950s through the ’80s. She had been a soloist for the Ballet Russe de Monte Carlo and afterward performed on Broadway. Marks died on July 5, 2020, at the age of 98.
The value of Hamptons real estate has surged during the pandemic. In the fourth quarter of 2020, the median home sale price was $1.4 million, up nearly 55 percent year-over-year, according to a report by Douglas Elliman.