The corner lot at 477 Little Plains Road in the estate section of Southampton relisted earlier this year for $22.5 million, and after increasing the asking price in March to $24 million, the home has found a buyer.
When we featured the home back in February, we were thinking that it would need to come down in price considering homes across the street that have a coveted Gin Lane address and ocean frontage have sold in the past for less than what this home was asking. But the property actually raised the price and found a buyer within a few months. The home just went into contract earlier this week, so a final sales price hasn’t been revealed yet.
Sited on 4 acres of land that’s just 200 feet from the ocean, this property has rose gardens, specimen plantings, an outdoor dining pavilion, pool, and a 6,500-square-foot home from the ’80s that the listing suggests tearing down to make room for a new home, tennis court, and pool house.
The property is represented by Mary Ann Cinelli of Brown Harris Stevens.
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- Southampton home returns to market with the same price after five years, asking $22.5M [Curbed Hamptons]
- 477 Little Plains Road [Brown Harris Stevens]