Sagaponack farm on Narrow Lane sells just under ask

It was asking $12.5 million and finally sold for $11,995,000.

By Grace Cassidy Sep 24, 2018, 10:47am EDT

In May of this year, a gorgeous farm in north-of-the-highway Sagaponack went on the market for $12.5 million and found a buyer by August. The 3-acre property at 134 Narrow Lane closed earlier this week just under ask at $11,995,000.

The sellers, Michael and Kerry Gaynor, decided to put 1 percent of the final sale towards the EQUUS Foundation. The couple also started Houses for Horses with the foundation, which, according to the website, “helps ensure that horses continue to flourish not just as athletes, but also as companions, teachers, and healers.”

At the end of August, a $110,000 check was presented the EQUUS Foundation.

Designed by local architect Val Florio and designed by McGrath Builders, the Narrow Lane farm offers 10 buildings across the property, including a 7,300-square foot main house and a 2,600-square-foot renovated farmhouse from the 1920s. There’s also a two-car barn garage with an apartment, a renovated potato barn, and a workshop with a double draft beer tap tower.

According to the listing, the pool house was “built from the original Marconi wireless telegraph station that opened on Sagg Main Beach in 1902 and directed rescue traffic from the Titanic.”

Dana Trotter from Sotheby’s International Realty represented the listing.