Well, after a number of years on the market—starting in 2008 for $14.6M and later in 2012 for $15M— abstract-expressionist painter Ross Bleckner has managed to sell his four-acre Sagaponack property. Last asking price was $14M, which these days seems fairly reasonable for a good-sized plot of land near the ocean in Sagaponack. And of course, Truman Capote used to call the place home and was living there when he completed his much-celebrated In Cold Blood. According to the New York Observer:
"Mr. Capote resided in the Sagaponack home, which sits on four acres near the beach, for 23 years prior to his death in 1984. He bequeathed the property to his partner, Jack Dunphy. When Mr. Dunphy died in 1992, the house was passed on to the Nature Conservancy, which then sold it to artist Ross Bleckner in 1993 for $800,000."During Mr. Bleckner's ownership, the artist has restored and enlarged the main house to 2,000sf and added a 1,900sf studio, a two-bedroom guesthouse, an outdoor pool and garage.
· Truman Capote's Former Sagaponack Home Returns To Market [CH]
• Ocean Views and Ocean Access [Sotheby's]