Southampton compound on Meadow Lane wants $72.5M

Both properties were already available for sale separately

By Grace Cassidy Jan 31, 2019, 8:45am EST

Twelve acres overlooking Halsey Neck Pond.

Two Southampton properties (one at 359 Meadow Lane and the other at 660 Halsey Neck Lane) each came on the market at different times over the last two years. Earlier this week, Bespoke combined the two properties and listed them as a compound with an asking price of $72.5 million.

The entire compound spans a comfortable 12.2 acres, but only one of the properties is waterfront.

Let’s break each one down. The 359 Meadow Lane property is sited on 5.53 acres with a 6,188-square-foot house. Built in 1994, interiors offer five bedrooms, six full bathrooms, marble floors and fireplaces, and a master suite that occupies the entire second level. Outside, there’s 700 feet of direct water frontage on Halsey Neck Pond, a tennis court, a pool, and two separate two-car garages. PropertyShark records indicate that it was last purchased in 1998 for $1,663,300 and now it’s available for $37.5 million on its own.

Known as Four Fountains, the 660 Halsey Neck Lane estate is on a larger 6.725 acres of land with a 9,528-square-foot, 10-bedroom, 12-bath home. Once featured in Homes of the Hamptons, the structure was originally built back in the ’20s and served as an arts center. It’s had many notable residents, but it’s most recently been in the hands of Bruce Bockmann, a Morgan Stanley managing director. It’s on the market by itself for $35 million.

Theoretically, a buyer could have purchased both listings together prior to Bespoke combining them. And they’re still available separately as well. In fact, when we featured the Meadow Lane property, one of our commenters noted that the “...property next door is also for sale. Combined you’d have over 12 acres on the pond.”

But do our readers think that listing them together as a compound will help the properties to sell? Tell us in the comments.