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East Hampton's Charles H. Adams Estate Already Found A Buyer

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[Photo credit: Chris Foster]

When the Charles H. Adams Estate hit the market for $24.5M in the middle of last November, we were expecting it to go the way of many a $20M+ listing: Months of inactivity followed by a pricechop followed by more inactivity followed by a pricechop until it was finally sold at a fraction of the original ask. How wrong we were.

The William B. Tuthill-designed residence entered into contract less than a month after its initial offering. From the property photos and listing description we can see why. To wit:

"Built in 1891 the exquisitely restored masterpiece retains its original splendor including 6 period fireplaces, wood flooring, glass leaded windows, and grand staircase. Exterior features an asymmetrical façade, round tower, old world style front porch and patterned wood shingles. This estate includes 14 bedrooms, 7 of which are en-suite including the master suite with fireplace, his/hers dressing rooms and baths, enormous chef’s kitchen, elegant dining room, parlor, sunroom, game room/office, third- story dome room, staff quarters, total of 10 baths and 2 powder rooms, and family room surrounded by French doors."As one Curbed reader put it, "Now that's a house!!!" While the final sale price has yet to be announced, it's a safe assumption that, due to how quickly a buyer was found, it'll be close to the original ask. · Listing: Historic Charles H. Adams Estate [Sotheby's]
· Listing: 30 Lee Avenue, East Hampton [Corcoran]