Historic Hamptons estate, Villa Maria, is now in contract

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]

Villa Maria

, , NY 11976

Montauk Highway

Montauk Highway, , NY