Large Compound in the Amagansett Lanes for $14.5M

This is an unusually large property for the Lanes, 1.5 acres; most others in the area are a half-acre. There are two parcels with a house on each, a 0.85-acre plot with the main house and a 0.65 acre plot with a smaller guest house. The main house is an attractive shingled Foursquare design; it's 5760sf, with five bedrooms and 5.5 baths. Sold fully furnished, the decoration is vaguely midcentury modern; it strikes us as slightly dull and inappropriate to the style of the house. The guest house is 2290sf with four bedrooms, four baths, and "a hot yoga/ballet studio." There's also a large heated gunite pool and spa with pool house, rolling lawns and mature trees. As for the price, we're not at all sure about it. On current land values, it's a reasonable ask, but a buyer could get oceanfront for less. The property might appeal to someone who wants a gathering place for a large extended family.

· 1.5 Acre +/- Exquisite Compound [Sotheby's]