/cdn.vox-cdn.com/uploads/chorus_image/image/59496853/3792F0F4_10F0_D18A_5FAF_62611E4B8E24_1050x700__1_.0.jpg)
The six-acre oceanfront parcel at 290 Further Lane in East Hampton has sold for $40 million, making it the most expensive single-family real estate transaction in the Hamptons since 2016.
But what about Villa Maria going for $49 million earlier this year? Technically, Vince Camuto’s historic Water Mill estate sold as two separate parcels: The main house sold for $36 million, and adjacent parcels sold for $13 million to a different buyer.
Designed by Francis Fleetwood in 1995, the 10,000-square-foot home previously belonged to James and Ellen Marcus. Before passing away in 2015, James Marcus was a retired partner at Goldman Sachs and the former board chairman of the Metropolitan Opera.
Inside, there are seven bedrooms, nine and a half bathrooms, four fireplaces, a spa wing with a whirlpool and endless-current exercise pool, a double-height entry, an elevator, and an attached three-car garage. There’s also a rooftop viewing deck, a heated pool, and a path leading out to the private ocean beach.
Back in 2016, the estate came on the market for $69 million, but took $20 million off the asking price in 2017. Last listed for $49 million under Sotheby’s International Realty agent, Frank Newbold, and Compass Real Estate’s, Ed Petrie, the home closed for $29 million less than it was originally asking.
:no_upscale()/cdn.vox-cdn.com/uploads/chorus_asset/file/10707865/42C13BFD_8002_F6B0_DA28_B50BB62DEA28_1050x700.jpg)
:no_upscale()/cdn.vox-cdn.com/uploads/chorus_asset/file/10707867/0C0BF827_6B36_C458_4E21_5E94949B4292_1050x700.jpg)
:no_upscale()/cdn.vox-cdn.com/uploads/chorus_asset/file/10707871/3792F0F4_10F0_D18A_5FAF_62611E4B8E24_1050x700.jpg)
:no_upscale()/cdn.vox-cdn.com/uploads/chorus_asset/file/10707873/001DE0C1_1EC9_A13C_5EBF_AA2086AB5CA0_1050x700.jpg)
:no_upscale()/cdn.vox-cdn.com/uploads/chorus_asset/file/10707875/057FEE40_E809_B23B_6419_75A5A3871F4D_1050x700.jpg)
:no_upscale()/cdn.vox-cdn.com/uploads/chorus_asset/file/10707877/1D0BB7D6_4C33_6635_08F0_CA41A0E1321B_1050x700.jpg)
:no_upscale()/cdn.vox-cdn.com/uploads/chorus_asset/file/10707881/1198B162_1A9A_8EF0_8768_D2CA1637A69F_1050x700.jpg)
:no_upscale()/cdn.vox-cdn.com/uploads/chorus_asset/file/10707883/5F9682C7_4BF7_A4D8_A7E7_1529085B294E_1050x700.jpg)
:no_upscale()/cdn.vox-cdn.com/uploads/chorus_asset/file/10707885/13D9B42C_C143_2DF6_64EF_51F392CB31BC_1050x700.jpg)
:no_upscale()/cdn.vox-cdn.com/uploads/chorus_asset/file/10707887/8A01316E_53C0_CABC_7692_27D1E3274B79_1050x700.jpg)
:no_upscale()/cdn.vox-cdn.com/uploads/chorus_asset/file/10707889/0A30B69D_8741_2672_6985_F3C3B9FDB512_1050x700.jpg)
:no_upscale()/cdn.vox-cdn.com/uploads/chorus_asset/file/10707891/D6827304_5F71_1878_98F1_00C3B8377269_1050x700.jpg)
:no_upscale()/cdn.vox-cdn.com/uploads/chorus_asset/file/10707895/D5508E3E_5C5B_5849_A0ED_ACE772781E80_1050x700.jpg)
:no_upscale()/cdn.vox-cdn.com/uploads/chorus_asset/file/10707897/D44B9774_223B_9420_F0B9_D98BEC10D61D_1050x700.jpg)
:no_upscale()/cdn.vox-cdn.com/uploads/chorus_asset/file/10707899/3FB815D4_4DCD_5A76_F2CD_89742BE9E2B5_1050x700.jpg)
For tips and corrections, please email hamptons@curbed.com
- 290 Further Lane [Sotheby’s]
- 290 Further Lane [Compass]
- Historic Villa Maria sells for half the original asking price [Curbed Hamptons]
- An oceanfront six-acre Further Lane property for $69M [Curbed Hamptons]
- Further Lane home cuts another $10M off asking price, down $20M in total [Curbed Hamptons]
Loading comments...