About a year ago, Two Trees Farm in Bridgehampton was subdivided into 17 home sites. The property had been on the market for about seven years, with prices ranging from $95M, to $75M, to $55M. Founder David Walentas is developing 12 properties and Joe Farrell is developing five sites.
We posted about the plans back in May 2015. Farrell’s Polo Court Lot 1, a traditional, has been sold. We liked the barn style Farrell was showing for Lot 5, very appropriate for a former farm. On about two acres, there's 8000sf up plus 3400sf in the lower level and seven bedrooms. Of course there will be a pool, pool house, and tennis court. Asking price was $10M preconstruction; now it’s $8.995M.
If you’d like to tour in person, Farrell is throwing a party called Bash on the Block at Polo Court on June 29, with soft-serve, food trucks, and barbecue. RSVP for entry.