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In East Hampton, An Egypt Lane Compound For $11.75M

Located down a gated driveway at the northernmost tip of Egypt Lane's expanse of green, you'll find this almost-two acre compound currently on the market for close to $12M.

The main house, a7500 sq. ft. traditional designed by Alexander Gorlin includes a double-height entry way that opens into a "palatial sized living room", a library, and a lower level that includes media room, gym/play room and staff sitting room (if you allow them that luxury!). A short stroll away is a guest cottage from the early 1900s that was originally situated on Main Street. That little biddy includes its own patio and gardens, a living room, kitchen, bedroom, den and two baths.

The most attractive feature of the listing might be the 1.9 acre property itself, though. It contains "some of the oldest trees in the village", landscaped gardens, the requisite gunite pool, and a tennis court centered on a towering 30-foot pillared pergola. And, while a compound that contains buildings of this size would require more acreage with today's ordinances, these structures have been grandfathered in. So, you've got no need to worry about a surprise visit from East Hampton Village code enforcement.

· Listing: Unique Village Compound With Specimen Trees [Brown Harris Stevens]