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One Of Huntting Lane's Twelve Historic Homes Is In Contract

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While many streets in the Hamptons are dotted with homes that are at opposite ends of the design spectrum, there are a few areas that maintain incredibly strict guidelines for what's allowed as far as demolition, construction and even renovation is concerned. East Hampton's Huntting Lane is a terrific example of just how stringent these requirements can be. Take a look at this 26-page manual to get an idea of the hoops a homeowner would have to jump through if they've any interest in doing a little work to their residence (or even building a new one).

We mention all this because the 6500 sq. ft. residence at 44 Hunting Lane recently moved into contract. Not only is it in East Hampton's historic district, but it's one of the dozen historic homes in the district. The rules for these places are even more specific and any change requests require a longer review process before approval. Also, there's really no chance that this puppy's gonna get torn down. The review board would never allow it.

As for the house itself, it's pretty evident that it exemplifies the character of homes found on the street. Set on 2.2 acres (one of the largest lots in the district), the home offers eleven bedrooms, a covered porch, period details and woodwork, an open living/sunporch, a formal dining room with fireplace, and a kitchen with greenhouse dining area. In addition to the a detached carriage house/studio with its own bath, the property also boasts a pool with pool house (also with its own bath), tennis court and?as you might expect from a place that dates back to 1899?"beautiful old trees and period gardens."

So, anyone want to take a guess at the eventual closing price? It was last listed at $8.5M.

· Listing: East Hampton Huntting Lane [Sotheby's International Realty]
· Huntting Lane Historic District Design Review Manual [Warning, PDF]