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February 15, 2007
Wall St. Wish List Comes to an End on the Open Bay
115 Gerard Drive, East Hampton
115 gerard drive east hampton, ny hamptons home for sale on the open bay
So here comes the last entry in the "Wall St. Wishlist" before I head to mexico for the week. SO...Looking for open bay front in East Hampton? Check out the location of this property.


The Cottages
115 gerard drive east hampton, ny hamptons home for sale on the open bay
Two totally decked-out cottages. 3 beds, 2 baths, 2200 sq. ft., .44 acres.


Bath Room
115 gerard drive east hampton, ny hamptons home for sale on the open bay
See? Totally decked out. Listed at $2.1 million. Pricey for a couple of cottages? Maybe. But this is also unique and probably ideal for someone somehow. Listing with Corcoran since January.

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February 14, 2007
The Koi of Leroy
Leroy Estate, Amagansett
4 South Wood Court amagansett hamptons real estate for sale
Can someone tell me why the 14 acre Leroy estate hasn't sold? Seems like a unique, incomparable non-waterfront setting with all of the amenities. IS it the subdivision for the rest of the land? Listing with Sothebys for $9.25 million. Been on the market at one price or another since '04.

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February 13, 2007
Say Hay Beach! Shelter Island
5 Point Lane, Shelter Island
5 point lane shelter island hamptons real estate for sale
So you are REALLY looking for peace and quiet in an idyllic watery setting? Try this Shelter Island contemporary on the open bay at 5 Point Lane.


Living Room View
5 point lane shelter island hamptons real estate for sale
3,000 sq. ft., 3 bed, 3 bath with full basement, fireplace, 2 car garage, and heated gunite pool on 2.26 bayfront acres. Check out that view.


Bedroom
5 point lane shelter island hamptons real estate for sale
Overlooking Hay Beach and designed by Norman Jaffe, the house also has high-end finshes and appliances. Has to be seen to be appreciated. Been on and off the market for years in the $3 million range. Listing with Corcoran for $3.15 since April '06. Maybe there is a deal to be cut here.

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February 12, 2007
Mediterranean at 196 Wyandanch Lane
Southampton Estate Section
wyandanch lane southampton estate section hamptons real estate for sale
You want to be in the estate section, on a pond, near the ocean, and need room for 9 cars but not tennis. Maybe you are European and want a villa and not a traditional farm house? This is a beauty.


Closer Look
wyandanch lane southampton estate section hamptons real estate for sale
Almost 9,000 sq. ft., 6 bed, 7.5 bath, big big garage, Gunite Pool and Spa. Private. Specimen trees, etc. on 2 acres. Gary Depersia has the Listing with Corcoran for $13.95 million. On the market since September. This is the kind of place that maybe someone is specifically looking for and that's why the price may hold into the selling season.

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February 11, 2007
In the Palma of your Hand in EHV
Palma Terrace - East Hampton Village
palma terrace east hampton village real estae for sale home renovation
This once unfashionable, regular guy street between Cedar and Newtown Lane is representative of the escalating value of East Hampton Village Homes.


31 Palma Terrace
palma terrace east hampton village real estae for sale home renovation
Remember my review of 31 Palma Terrace? Ultimate glass-encased modern, 5 bed 5.5 bath, 4,600 sq. ft. including the finished basement on .38 acres. the most high end of finshes (excluding some elements in the basement). Gorgeous. Very cool house. See October 29th entry. Still on the market for $3.4m. And still the hands down winner on this street.


33 Palma Terrace
palma terrace east hampton village real estae for sale home renovation
Check out the next door neighbors. 5 bed, 3.5 bath, 3,300 sq. ft. traditional built in 1960 on .38 acres with gunite pool. Asking $2.795m. Listing with Prudential since October.


7 Palma Terrace
palma terrace east hampton village real estae for sale home renovation
This is a 2200 sq. ft. traditional with 4 beds, 3 baths and a fireplace buolt in 1950 on .37 acres for $1.295. Seems like you'd come out ahead with a total re-do than by buying 33 Palma. Listing with Corcoran.


46 Palma Terrace
palma terrace east hampton village real estae for sale home renovation
And this farm-style home was built in 2005 seemingly on spec. It's 2500 sq. ft. 4 bed, 4 bath, a fireplace, viking stove and sub-zero fridge on .35 acres with heated gunite pool. Seems like the pick of the litter at $1.9 million although sits on the corner of Cedar (a very busy street) and Palma. Put it in the middle of the block and it's likely to fare favorably to 33 Palma even up.


Conclusion
However you slice it, this neighborhood and EHV continues to turn over towards the higher end. If 33 can sell near asking, you'd have to consider 7 an excellent buy.

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February 10, 2007
Foxy Farmhouse, Southampton Village
71 Fox Hollow Lane, Southampton
fox hill lane southampton village real estate for sale
For the less fashionable neighborhoods in Southampton village between County Rd. 39 and Hill St., take a look at what's going on in East Hampton Village and feel good about your respective value. At $1.85m, this is better than anything you can find in the north-of-the-highway neighborhoods around Cedar St. in EHV.


The Porch
fox hill lane southampton village real estate for sale
Stats: 2200 sq. ft. farmhouse with 3 beds, 2.5 baths, on .5 acres with heated pool, detached garage/guest house, private, landscaped, lovely. Listing with, who else, Corcoran. And listen to this, down from $3.495 million just this past May! Ha ha. You think the agenct thought they could sell at that price when signing up the client?

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February 09, 2007
Bonkers in Bridgehampton
280 Highland Terrace, Bridgehampton
highland terrace bridgehampton over priced hamptons home for sale
Ok, so I've been reluctant to throw that dud out there for a multitude of reasons, but here is one that just seems inconceivably overpriced. It's got some nice views in sitting between farm fields and the Bridgehampton golf course, but at $9.5 million, you can do better for yourself than this 1997 house on 2.2 acres closer to 27 than the ocean.Listing with Sothebys since last May.

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February 08, 2007
Victorian Bridgehamptonian
112 Sagaponack Rd., Bridgehampton
rose hill rd. hamptons plantation house for sale
Listed at around $3 million for the past year and a half, the market has decided that this property is not a deal. But at what price will or should it go? It's an enviable, authentic, country Victorian. Renovated with 4 beds, 2 baths, wraparound porch, central air, gunite pool and sits on a reserve south-of-thehighway. My guess is that Sagaponack rd. is a bit of a thorough fare as one of two connectors between Ocean and Sagg Main roads. Put this on a on a little side street nearby and $3 is probably attainable. Oops, upon 2nd look, looks like the owners will wait until the market heats up a little more. Now available for rent only. $75k for the season. Check out the Listing with Corcoran.

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February 07, 2007
Frankly Scarlett, I don't give a damn how much it costs.
200 Rose Hill Rd., Water Mill
rose hill rd. hamptons plantation house for sale
Not many of you are looking for that full, formally furnished south-of-the- highway plantation house with pool and tennis. But for those who are, here it is. Indian slaves not included.


A nice spot for sipping mint juleps
rose hill rd. hamptons plantation house for sale
The house is 5,500 sq. ft., 6 bed, 7.5 bath, with gunite pool and tennis court on 2.3 acres adjacent to a reserve.


Thanks for the furniture Queen Anne!
rose hill rd. hamptons plantation house for sale
Furniture and fixtures included. So if this is your bag, head on over to Donna Oplinger at Corcoran who has the Listing for $5.95 million. A deal? I have no idea, but it's a nice house on a nice street in a nice setting and definitely unique for this neck of the woods.

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February 06, 2007
651 Butter Lane, Bridgehampton
Think of the Possibilities
butter lane farm house bridgehampton hamptons home for sale
This one's been sitting out there for $2.2 million since last march. Basically, an old house and a couple of barns on 2.6 acres with beautiful farmfield vistas.


Barns and Water Tower
butter lane farm house bridgehampton hamptons home for sale
Someone will snap this up fast once it hits $2m. Nice street, nice setting. Listing with Jack Zito at Corcoran.

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February 05, 2007
Wall St. Wish List Returns - To the Water on Mill Pond
88 Mill Pond Lane, Watermill - In Contract
mill pond lane hamptons waterfront home for sale So why am I including this 3800 sq. ft. 4 bed, 3 bath French chateau on .5 acres with a gunite pool and 128 ft. of water frontage on Mill Pond if it's already in contract?


Pretty
mill pond lane hamptons waterfront home for sale Because at $2.75 for a really decent house with some top-of-the-line amenities in an incredible waterfront setting that includes a nature sanctuary, sunsets and boating, this has to be some kind of benchmark deal. Down from $3.5 this past July. Listing with Megan Darby at corcoran.

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Reno 13: More Roof
Roof Almost Done
sag harbor home renovation


Gable
sag harbor home renovation


Fascia and Chimney
sag harbor home renovation
Detailing on Fascia being restored. Looks like we may need a little masonry work at the base of the chimney. Alas, the fireplace in the living room is long long gone.

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February 01, 2007
House Dermabrasion
Shingling
hamptons real estate

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