Two Hamptons properties hit the market, both over $19M

Earlier this week, two luxury properties over $19 million came on the market. One—which is just breaking ground—is on the Murray Compound in Southampton, asking $19.95 million. The other is a $23 million estate on Old Montauk Highway in Montauk.

The home on Murray Compound is on 1.93 acres of land. The structure is planned to be about 8,500-square-feet with seven bedrooms, nine-and-a-half bathrooms, a pool, tennis court, outdoor shower, and guest house.

On the other hand, the $23 million Montauk estate—built in 2004—has a bit of an interesting history on the market. The property was sold in 1999 for $800,000 and then again in 2004 at $2.5 million.

Then, the home was built and it went on the market in 2015 for a whopping $29.5 million before getting a $4.5 million price cut after eight months up for sale. The listing was then removed after it was on the market for a full year and was made available to rent through Sotheby’s.

Last week, it went back on the market for $23 million with Douglas Elliman.

The compound has a total of 7,500-square-feet of living space on over three acres of land with six bedrooms and eight-and-a-half bathrooms. The living room features a dual-sided fireplace and French doors.

The master suite overlooks the lawn and ocean.

Outside, there is a gunite pool, spa, two-car garage, and pergola.

• Southampton, Murray Compound [Corcoran]
• 406 Old Montauk Highway [Douglas Elliman]
• 406 Old Montauk Highway [Sotheby’s]