Investor’s oceanfront Montauk compound asking $21M finds a buyer

What do you think it will sell for?

By Grace Cassidy Dec 5, 2018, 8:05am EST

On the market since April, the oceanfront Montauk compound at 230 & 234 Old Montauk Highway owned by investor Michael Hirtenstein has gone into contract. It was most recently listed for $21 million—the same asking price that it came on the market for seven months ago.

Designed by architect James Biber in 2006, the property has been honored by the American Institute of Architects and the American Architecture Awards. Each property has about 2 acres of land, totaling 4.1 acres and offering 300 feet of direct ocean frontage. The property is sited about 75 feet above the shoreline.

The 5,500-square-foot main house includes three levels of living space, a gourmet kitchen, a rooftop deck, and wraparound terraces. On the other side of the property, the 2,400-square-foot guest house has two bedrooms, one bathroom, and an eat-in kitchen. Both houses were built by Men At Work and, according to the listing, can “withstand hurricane force winds”.

Outside, there are ocean views, a heated gunite infinity pool, a hot tub, and an outdoor shower.

Gary DePersia from Corcoran Group represents the listing.

The Zillow price history indicates that Hirtenstein purchased the property in 2013 for $13 million. The house notably made headlines when it was rented out by Tinder for $135,000 per month back in the summer of 2017.