Oceanfront Montauk home sells for $22.8M

The property sold for $22.3M while the contents of the home were included for an additional $500K

By Grace Cassidy Jul 3, 2018, 5:56am EDT

The oceanfront home at 240 Old Montauk Highway has just sold for $22.8 million, making it the highest residential home sale in Montauk so far this year, according to the Wall Street Journal.

Sited on 2.2 acres of waterfront land with 154 feet of direct ocean frontage, the 4,500-square-foot beach house features six bedrooms, four bathrooms, an oceanfront yoga deck, and midcentury modern-inspired details throughout. The entire property sold for $22.8 million: The home went for $22.3 million, plus $500,000 for most of the furniture and contents that were included.

In 2012, financier Mike Goodwin purchased the beach house for $10.45 million. At the time, it was also the highest residential home sale in Montauk for that year. When the house was completely gutted in 2013, Goodwin recruited Robert McKinley to help with the project—the same designer behind the interiors of the iconic Surf Lodge Hotel, also in Montauk.

Sotheby’s International Realty agent, Dominique Garstin, told Curbed that she met Goodwin through her yoga studio back in 2012, which is how the two got in contact. Garstin and agent, Rylan Jacka—also from Sotheby’s—represented the seller in the purchase. The buyer has not been revealed, but was represented by Robert Dankner from Prime Manhattan Residential.

The home was not formally listed on the market, but Garstin and Jacka were preparing the listing for sale when Jacka was approached by Dankner with the buyer.

The sale is the highest residential sale in Montauk on the ocean, aside from the $50 million sale of Andy Warhol’s former Hamptons property, Eothen, which once belonged to J. Crew’s Mickey Drexler, and is currently owned by art collector, Adam Lindemann.