News of the biggest real estate deal on the East End so far this year—nine vacant acres on Captains Neck Lane in Southampton sold by developers Bruce Lifton and Jason Green to a "powerful South American family building a compound with 500 feet on Shinnecock Bay" for $24.5 million, according to Jennifer Gould Keil in the Post—got us thinking: what's the most expensive tract of land formally on the market right now? It's the Sagaponack Greens swath, of course, 40 acres of divvied-up farmland (above) that's been on the market since early 2009 (per StreetEasy). Hold your potatoes, though: two of the lots have sold, as we noted last fall, so to grab four contiguous lots and the reserve, the spend is only $27.9 million. C'mon. Break out the wallet and show Captains Neck Lane who's boss.
· Listing: Sagaponack Greens at 231-245 Hedges Lane [Corcoran]
· The Update on Sagaponack Greens [Real LI]
· Nine Acres in Southampton Goes for $24.5 Million [Page Six]
· All Sagaponack Greens Coverage [Curbed Hamptons]