Just three months ago, a compound in the Georgica estate section of East Hampton came on the market for $11.8 million under Brown Harris Stevens real estate agent, Marta Gundersen. Earlier this week, the compound has received its first cut in asking price, now listed for $10.4 million.
Each property has an interesting connection to the art world.
The 4,871-square-foot home at 34 Darby Lane was once the property of renowned art collector, Richard Eckstract. Built in 1990 and designed by Alexander Gorlin—one of Architecture Digest’s Top 100 Architects—the home features four bedrooms and five bathrooms on over two acres of land.
When the compound first came on the market, this home was available on its own for $6.9 million. Now, if this is the only one you have your eye on, you can get this property for $5.9 million.
The second property at 59 Georgica Road was once home to musical couple Phyllis Newman and Adolph Green. Newman was a Tony Award-winning stage actress while Green co-wrote the iconic Singin’ in the Rain.
Also designed by Gorlin in 2006, this slightly smaller home stands 4,277 square feet in size with three bedrooms and three and a half bathrooms. The interiors feature a wood-burning fireplace, large artist studio, open living room, and two elevators.
Once asking $4.9 million, the property is now available on its own for $4.5 million.
The whole compound has 3.3 acres of land sited about a half-mile from the ocean at Main Beach.
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- Own this East Hampton compound with an artistic history for $11.8M [Curbed Hamptons]
- 3.3 Acre +/- Village Compound [Brown Harris Stevens]
- 59 Georgica Road [Brown Harris Stevens]
- 34 Darby Lane [Brown Harris Stevens]