Southampton village house from 1895 sells for $10.6M

Originally built in 1895, the Southampton village estate at 75 First Neck Lane sold back in 1997 for $2.5 million and was renovated by the buyer. By 2012, the house was back on the market with an $18.25 million asking price, but that price dropped steadily over the next six years. Most recently, it was on the market with Sotheby’s International Realty agent Pat Petrillo for $12.4 million. It was co-listed with Corcoran Group agent, Tim Davis.

According to data provided by Out East, the 2-acre south-of-the-highway property has sold for $10,614,000.

The shingled residence spans 9,500 square feet in size with 10 bedrooms and 10 and a half bathrooms. Interiors boast a solarium, multiple fireplaces, a butler’s pantry off the gourmet eat-in kitchen, and a fully finished lower level with a gym, wine cellar, and staff suite.

Outside, one will find a pool, a north-south tennis court, and landscaped grounds with patios.

What do you think of the final sales price? Leave your thoughts in the comments.

Photo courtesy of Sotheby’s

Photo courtesy of Sotheby’s

Photo courtesy of Sotheby’s

Photo courtesy of Sotheby’s

Photo courtesy of Sotheby’s

Photo courtesy of Sotheby’s

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• First Neck Lane home in Southampton from 1895 relists with a price reduction [Curbed Hamptons]
• 75 First Neck Lane [Sotheby’s]