For the first time since the home was constructed in 1999, the estate at 80 Further Lane is on the market, asking $14,595,000.
The property made headlines in 2015 for being the biggest foreclosure in the Hamptons. The East Hampton home was bought by the mortgage holder ES Ventures One, LLC at an auction for $12,359,618. Over $10.5 million was owed on the property when it was in foreclosure.
While $12 million may seem like quite a bit of money for a foreclosure, its neighbor at 60 Further Lane was sold for a record-breaking $147 million.
In 2015, the home stood at 8,100-square-feet on a 1.8-acre lot. The listing now describes the home at 8,900-square-feet, while the size of the lot has remained the same. The home has been completely refurbished, with architecture that combines traditional and modern design.
Designed with entertaining in mind, the home is host to an incredible nine en-suite bedrooms, 11 full bathrooms, and two half-baths.
The structure features a grand entry foyer, library, eat-in kitchen, eight fireplaces, screened-in porch, and finished lower level. The exterior has professional landscaping and a heated gunite pool. Future homeowners will also enjoy deeded ocean access.
Given the updates that have been made to the home—and considering the location—the price on this home is considered a bargain.
- 80 Further Lane [Douglas Elliman]
- The Hamptons’ Biggest Foreclosure Finally Sells at Auction [Curbed Hamptons]