Three Ponds Farm in Bridgehampton just relisted for a lower $49M

It was most recently asking $60M

By Grace Cassidy Dec 20, 2018, 8:40am EST

Three Ponds Farm—a nearly 60-acre compound with a USGA-rated 18-hole private golf course—was once on the sales market for $68 million. More recently, it was asking $60 million with Sotheby’s. But just this week, it relisted with Bespoke Real Estate and is now available for a lower $49 million.

Designed by golf course architect Rees Jones, the par 70 course spans 6,307 yards, has four shared greens and fairways, and three sets of tees. There’s even a full-time superintendent. Golfers can rest at the fifth hole at a restored milking barn that now serves as a halfway house with a living room and bathroom. There’s also a full pro shop, a staff suite, and service buildings that date back to when the property was a working dairy farm.

There are eight structures on the property in total, including the 25,000-square-foot main house that was designed by architect Allan Greenberg. Inside the residence, there are eight bedrooms, 10 full bathrooms, three half-baths, cherry and mahogany floors, five fireplaces, and indoor-outdoor living spaces. Meanwhile, a pool, spa, grass tennis court, and wisteria-covered pergolas can be found outside.

Landscape architect Edmund Hollander included a rose garden, a wildflower garden, and fruit trees on the property.

Subdivision plans have already been drawn up and are available via the Bespoke listing. According to the plans, about 30 of the acres are usable. Three Ponds Farm is located off Scuttle Hole Road in north-of-the-highway Bridgehampton.