The historic Villa Maria in Water Mill—which belonged to designers Vince and Louise Camuto—has gone into contract under its most recent asking price of $72 million, reports WWD. At this time, the buyer has not been revealed.
If Villa Maria goes for the $72 million ask—or even anywhere near that—the sale will be more than twice the priciest Hamptons home sale of 2017, which closed for $31 million.
The Camutos purchased the estate for $35 million in 2005 and spent six years renovating the property to what it is now. The couple listed the 15-acre property for $100 million in 2008, but it’s since come down in price; the compound has also been offered in parts and as a whole.
Originally built in 1887 and renovated by Edward P. Morse in 1919, Villa Maria once served as a convent, has had many notable residents, and is considered a Long Island landmark.
Standing 20,000 square feet, the main house has 11 bedrooms and 12.5 bathrooms, radiant floor heating, four levels, Greenstone slate-covered roofs, and a climate-controlled wine cellar.
Located at 615 Montauk Highway, there’s a whopping 1,100 feet of bulkheaded waterfront on Mecox Bay, an all-weather tennis court, a heated gunite pool, two pool pavilions with a kitchen and bathroom, a carriage house, and a guest house.
Cody and Zach Vichinsky of Bespoke Real Estate represented the listing.
- EXCLUSIVE: A Mystery Buyer Snags Vince Camuto’s $72M Hamptons Estate [WWD]
- Villa Maria [Bespoke]
- Water Mill’s Villa Maria Back on the Market at $49.5M [Curbed Hamptons]