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$10.5M Foreclosure on Further Lane at Auction October 22

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80 Further Lane is set to be the biggest foreclosure ever in the Hamptons, and it's finally up for auction next month. $10.5M is owed on the mortgage. Will someone be able to snap up a bargain? We don't know—we're sure the auction will attract plenty of bidders. The property is 1.8 acres, with an 8100sf house built in 2000. There is a pool, basketball court, formal gardens, and what looks like a bocce court. Next door, 60 Further Lane, a much larger oceanfront property, made headlines back in May when it sold for a recordbreaking $147M.
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