Portfolio Spring Summer 2019

The Hamptons Luxury Market Leader

SPRING / SUMMER PORTFOLIO 2019

Hamptons

Tim Davis

Tim Davis

Lic. Assoc. RE Broker Regional Brokerage Advisor East End 631.702.9211 | tgdavis@corcoran.com

Welcome to our Spring/Summer edition of our Luxury Portfolio of properties. Throughout these beautiful pages, you will see purchase and rental opportunities in all locations and price ranges. From the chic jewel box on Gardiners Bay to the stunning ocean to bay-front residence in Southampton on nearly 10 acres. “Living who you are� has never been more possible for everyone. Though there is definitely a focus on The Hamptons market in this publication, I have found throughout the years that my clients are much more global, often with real estate investments around the world. In fact, The Corcoran Group is expanding into other markets with a franchise model rolling out later in 2019. I will be participating in the annual Luxury Property show event in London which enables me to develop first-hand knowledge of what is happening in overseas real estate markets around the globe. Having an understanding of different cultures and lifestyle preferences enables me to advise sellers and buyers on all of their personal real estate purchases. The Hamptons is my home base and first love, expectations are that we will have good sale and rental activity while the East End welcomes the world to our playground. A clean, safe and naturally beautiful environment is the draw to our region as is the close proximity to cosmopolitan New York City. In times of volatility in the financial markets, the security of owning a hard asset in our world-renowned Hamptons market is more important than ever. I am looking forward to our connecting again soon and my very best wishes for your continued health and happiness during this season.

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GEORGICA POND EAST HAMPTON, NY CONTEMPORARY | 5 BEDROOMS | 6.5 BATHROOMS 2.3 ACRES | $21,000,000 WEB ID# 345053 6

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Award-winning Modern Architect Harry Bates outdid himself with this timeless design of glass, steel and limestone now offered for sale for the very first time. South-facing rooms bathed in light all open to the terraces, the 435 feet of frontage on Georgica Pond, the manicured 2.3 acre landscape and the glamorous pool and cabanas make this a one-of-a-kind home. Indeed, this is an exceptional opportunity to own this wonderful home in pristine condition.

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LAKE AGAWAM - 412 FIRST NECK LANE SOUTHAMPTON, NY FRENCH NORMANDY | 9 BEDROOMS | 8.5 BATHROOMS 5.57 ACRES | $24,900,000 WEB ID# 39603 8

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The magnificent “Normandy” estate on Lake Agawam is located along world-renowned First Neck Lane. Drive through the impressive gates and the allée of trees to this magnificent country home sited on 5.56 acres with 400 feet of water frontage, now available for your enjoyment after having undergone a 15-month rejuvenation and renovation in 2014. The main house offers breathtaking water views from the entry foyer as do all of the principal rooms which are all styled for today’s living by renowned global designer/decorator Tony Ingrao. Grand and gorgeous living areas with beautiful and modern finishes open to gardens, the lake, and acres of manicured lawn restored by landscape architect Edmund Hollander. Five ensuite bedrooms include the deluxe waterfront master suite offering the ultimate in relaxation along with the master bath which includes dual vanities, soaking tub and large shower. The private balcony/terrace offers ultimate serenity with broad vistas of lawn, the lake and secret gardens. A separate staff wing with two bedrooms and bath is ideally located where there is plenty of room to expand the footprint and residence if desired. The separate guest cottage is a home unto its self with sitting room, kitchen, two bedrooms and two bathrooms. The expansive grounds include a pool house with bath and lounge/sitting room, waterfront swimming pool with massive terraces and outdoor “living rooms”. The new sunken all-weather “deco-turf” tennis court is located out of view and convenient to other outdoor sporting areas. This is truly an exceptional opportunity to live on Lake Agawam and very close to the ocean, clubs, and to town on First Neck Lane in Southampton.

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2020 MEADOW LANE SOUTHAMPTON OCEANFRONT MEDITERRANEAN | 6 BEDROOMS | 6.5 BATHROOMS | 9.75 ACRES JULY 250K | AUG 300K | JULY-LD 500K | MD-LD 550K | $32,000,000 WEB ID# 107324 10

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Encompassing nearly 9.75 acres of combined Atlantic Ocean frontage and Shinnecock Bay frontage, this home boasts spectacular water views and dunescape views from most of the principal living spaces. Enjoy a home suited for seaside living and entertaining on two levels with a 7,500 square foot (+ -) modern floor plan with elevator. The main level includes a grand living room, a high-ceilinged dining room and separate library and a newly renovated kitchen for the most discerning chef. The master suite with glamorous new bathroom and access to the elevated swimming pool offers ocean views and English Garden views. Rolling lawns with flowering borders of established landscaping and trees create an ideal country setting. For the first time ever, listed and offered exclusively.

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SOUTHAMPTON, NY TRADITIONAL | 8 BEDROOMS | 9 BATHROOMS 6 ACRES | $28,000,000 WEB ID# 108136 12

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AN ESTATE FOR A LIFETIME. Sequestered within the coveted enclave of FORDUNE with deeded ocean access lies this incomparable estate. Six acres of virgin land was purchased and then transformed into a magical park-like setting which includes hundreds of specimen evergreen and flowering trees. Perennial gardens were installed as was the scenic pond all to create the environment for the ultimate country house within a short distance to the Atlantic Ocean. Pass through the gated entry and under the Sycamore tree allĂŠe framing the classic shingle-style mansion. All of the amenities are here for your enjoyment as this home was built to last for generations to come. Just listed exclusively and offered by appointment only.

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1384 MEADOW LANE SOUTHAMPTON, NY CONTEMPORARY | 3 BEDROOMS | 3 BATHROOMS 3 ACRES | $21,500,000 WEB ID# 10633 A COMPELLING OPPORTUNITY ON MEADOW LANE. The first time for sale. An original Atlantic Ocean beach house with protected frontage along miles of white sand. An ideal site to redevelop with ample room for a substantial home, Oceanside pool and tennis court. Over 3 acres with 150 ft of frontage and views of Shinnecock Bay. Just listed exclusively.

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520 MONTAUK HIGHWAY SOUTHAMPTON, NY TRADITIONAL | 5 BEDROOMS | 5 BATHROOMS 12 ACRES | $15,900,000 WEB ID# 113274 Located south of the highway in the one-of-a-kind Shinnecock Bayfront Atterbury Estates, this 12 acre estate site has been conceptually divided into 7 parcels and situated on one of the highest points in Southampton. The spectacular view is a combination of the highest waterfront elevation, the direct southern exposure and the waterfront ensuring miles of panoramic water views. The 3-story home, designed over 100 years ago by famed architect Grosvenor Atterbury, has been completely re-imagined and awaits the discerning buyer’s finishing touches.

Quite secluded and boasting very dramatic views of the bay and the ocean, this compound offers three golf holes, a separate carriage house, a separate waterfront parcel with approvals for a 4,200 sq. ft. home and pool which is also included in the 12 acres. Located just a short distance from Southampton Village and ocean beaches, this property offers numerous opportunities and one of the largest south of the highway contiguous parcels remaining in the market today.

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980 MEADOW LANE SOUTHAMPTON, NY OCEANFRONT | MODERN | 4 BEDROOMS | 4 BATHROOMS | 4.12 ACRES | $32,000,000 WEB ID# 272901 16

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Located in the early part of Meadow Lane where the views to Shinnecock Bay become broad and wide, this fabulous “modern box� is available to the discriminating buyer. Sited on 4.12 acres and boasting 261 feet of frontage, this is a sensational new development opportunity offering ample room for a 12,000 square foot home, pool and tennis court. Exceptional views of the ocean and the bay from sunrise to sunset.

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LISTOWEL: EXQUISITE MECOX BAY WATERFRONT ESTATE WATERMILL, NY ENGLISH COUNTRY | 5 BEDROOMS | 6.5 BATHROOMS 6.9 ACRES | $29,500,000 WEB ID# 54376 18

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Utmost privacy surrounded on three sides by land that has been farmed by the same two families since the 1600’s. This 6.9 acre estate is bordered on the fourth side by 360 ft of water frontage on Mecox Bay. This shingle-style traditional house with classic English gardens truly epitomizes the concept of artisanal fueled craftsmanship. Taking 5 years to complete, Listowel truly redefines luxurious living in the Hamptons. The interior and exterior spaces are designed to seamlessly integrate all the modern conveniences yet still maintaining the old world style and sensibility. The home encompasses over 12,000 sq. ft. of living and entertaining spaces including a dramatic two-story library with fireplace as you enter the front door. The large living room with fireplace and French doors that open up to the expansive covered porch. Off the main foyer is the formal dining room with French doors, fireplace and hand-painted chinois wallpaper. The adjacent large gathering room opens on to the trellis-covered outdoor living room with a stone fireplace. Separate, though attached, is the “guest cottage” which features a complete informal living area which includes a fireplace, studio, en-suite bedroom and access to the outdoor spa. Off the main staircase, the master suite encompasses the entire south-eastern wing of the house and includes vaulted ceiling bedroom with fireplace and French doors that step out to the south facing deck with dramatic views of bay and the ocean beyond. There is a large, fully marbled master bathroom with radiant heat floors and views of the farm fields. There are 3 additional ensuite bedrooms, all with vaulted ceilings, and fully marbled spa-like bathrooms. The level of excellence continues outside to the design of the six acres of gardens and accessory structures including carriage house, heated gunite pool within the allée of Sycamore trees, vast rose garden, orchard of 60-year-old apple trees, potager, flower cutting gardens, and specimen mature trees, with room for a tennis court. A beautiful nature path leads down to the large dock, perfect for motor boats and kayaks.

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251 POND LANE SOUTHAMPTON, NY TRADITIONAL | 7 BEDROOMS | 8.5 BATHROOMS 2 ACRES | $11,750,000 WEB ID# 344840 20

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This nearly two-acre parcel anchored by a 200+ year old Copper Beech tree is the setting for this elegant country home in superb condition. Generous high-ceilinged public rooms open to the south facing terrace, pool and established perimeter landscaping. The spacious first-floor master suite is ideally situated as are the additional six en-suite bedrooms each providing privacy and comfort. An exceptional first offering with close proximity to the village center, clubs and ocean beaches.

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72 QUOGUE STREET SOUTHAMPTON, NY TRADITIONAL | 6 BEDROOMS | 6 BATHROOMS + 2 HALF BATHROOMS 1.58 ACRES | $7,250,000 WEB ID# 374321 24

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The Post Summer Cottage re-imagined with additions and thoughtful expansions has been restored/rebuilt with all of the modern amenities one expects to find in a home for today’s lifestyle. Nearly 6,000 square feet of living spaces on three floors include a first floor with rooms that are perfectly proportioned and positioned for optimal living experiences. From the movieset country kitchen with adjoining dining porch, to the library, dining, living and gathering rooms with three fireplaces, this home impresses at every turn. The second floor with five bedrooms including a beautiful master suite with vaulted ceiling embodies “live who you are” perfectly on so many levels. Don’t forget the third floor bunk room and bath for those four season sleep overs. Outside among tall privet hedges and layers of evergreen border plantings lies the best private tennis court in Quogue Village. Enjoy lounging by the 44 foot pool, spa with terrace and relish in those lazy summer afternoons dining alfresco at the pool pavilion. Tasteful, beautiful and only what one would expect with having world-renowned decorator/designer Alexa Hampton be the conductor of this superb orchestration.

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OX PASTURE ROAD SOUTHAMPTON, NY MODERN FRENCH | 7 BEDROOMS | 8.5 BATHROOMS 1.9 ACRES | $11,900,000 WEB ID# 111388 26

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A two-acre parcel with incredible landscaped grounds located within Southampton Village’s prime estate section. Perfectly positioned along Ox Pasture Road makes an ideal setting for this two-story, three level home in superb condition. Custom designed and built for the current owner starting with the purchase of the prime vacant land. The commissioning of landscape architects and Arborists to create a backdrop of formal boxwood hedge gardens and dense perimeter plantings was the first order of business. Then came the house and surrounding terraces, over-sized in-ground pool spa, and pool house. The interior spaces are full of light and the rooms all of generous size and proportions. Two staircases leading to the second floor allow for the flexibility of housing guests or staff depending on one’s lifestyle. The lower level is finished with theater, gym, sauna, game room and wine cellar, ideal for rainy afternoons. Priced below replacement cost and ready for immediate occupancy.

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14 ACRE BAYFRONT COMPOUND QUIOGUE, NY ARTS & CRAFTS | 12 BEDROOMS | 12 BATHROOMS 14 ACRES | $14,900,000 WEB ID# 37463 28

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This handsome 17 room Bayfront residence with two guest houses has not been for sale in over 50 years. A once in a lifetime opportunity exists here within the quiet hamlet of Quiogue conveniently located between Westhampton Beach and Quogue and just moments to all conveniences, houses of worship and pristine ocean beaches. 14 acres comprised of three parcels with over 500 feet of bulkheaded water frontage as well as the 3-stall horse barn with paddocks, tennis court and basketball courts create an ideal outdoor enthusiast’s paradise. The 10 bedroom 10 bath main house boasts beautiful bay views and easy access to the 50 foot in-ground pool with pavilion and tennis court. The two, three-bedroom guest houses are conveniently located off the main driveway near the main house. Be the next owner of this private enclave 1.5 hours to New York City and just 10 minutes from Gabreski Airport.

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12 BOYESEN ROAD SOUTHAMPTON, NY TRADITIONAL | 6 BEDROOMS | 7.5 BATHS 1.52 ACRE | $8,950,000 WEB ID# 107433 This stylish residence just a short distance to the Atlantic Ocean has been recently renovated and updated to take advantage of today’s active Hamptons lifestyle. A gracious floor plan opens to the outdoors and the well-landscaped, south-facing 1.5 acre parcel. The expansive rear yard beyond the inground pool and terraces boasts exceptional perimeter landscaping. Several of the highlights of this home include the open floor plan, living rooms for entertaining and the master suite which offers two bathrooms, a large terrace and peek of Taylor Creek and Shinnecock Bay in the distance.

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321 LITTLE PLAINS ROAD SOUTHAMPTON, NY TRADITIONAL | 5 BEDROOMS | 5.5 BATHROOMS 1 ACRE | $6,850,000 WEB ID# 44964 You will be enchanted by the sound of the ocean when you arrive at this special five bedroom home with beautiful pool area and a tennis court.

A well-appointed home with library, den, and living space for relaxing as well as entertaining during the Hamptons summer season. Don’t miss this opportunity to be by the beach and in the Village of Southampton just a short distance to Main Street and Jobs Lane.

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1904 SCUTTLE HOLE ROAD BRIDGEHAMPTON, NY FARMHOUSE | 5 BEDROOMS | 6 BATHROOMS 1 ACRE | $2,700,000 WEB ID# 106913 32

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A reimagined farmhouse house set in the countryside of Bridgehampton with captivating gardens and hundreds of specimen trees/plantings can be your “home in the Hamptons” for years to enjoy. Located within Bridgehampton’s horse country, the gated home opens onto a Belgian blocked courtyard that frames the entry way: a sun-filled atrium connecting what were two original farmhouses. Public living areas include a living room with original brick fireplace, formal dining room, eat-in kitchen with granite countertops and high-end appliances, and a den/bedroom. The home features an office/study with high vaulted ceiling, stone fireplace and full bath, which was originally used as the master suite. There is also a guest master suite with a delightful window seat and a bath with wainscoted walls, marble tub surround, antique marble-topped vanity and leaded glass window. A private office on the first floor provides access to the gardens and pool area. The second floor bedroom is separate, and well suited for early rising guests. Stepping onto the grounds feels like being dropped into the middle of Marder’s Nursery: exceptional trees and shrubs are all cleverly placed for the one acre parcel to feel exceptionally spacious, with sunny lawns, beds and borders of flowering shrubs and perennials. Huge vintage trees create a shady oasis while allowing just the right light to cast interesting shadows with pockets of sunshine. An enchanting two-story stone pool house sits directly alongside the heated, free-form gunite pool and contains a bedroom, full bath, sitting room, stone terrace and patio. Above the two-car garage is an enormous light-filled guest suite with high-vaulted ceiling, kitchenette, bedroom, full bath and private terrace. Just moments to Bridgehampton Village, this home is also close to the best of Atlantic Ocean beaches.

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252 FIRST NECK LANE SOUTHAMPTON, NY TRADITIONAL | 9 BEDROOMS | 7.5 BATHROOMS 2.03 ACRES | $15,950,000 WEB ID# 109030 34

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Along one of the most premier village lanes within close proximity to the village center and the Atlantic Ocean, is this newly listed traditional three story home on 2 acres. This wonderful home is in beautiful condition and offers an ideal floor plan for entertaining family, friends and guests featuring nine bedrooms and eleven bathrooms and plenty of room for fun living.

Outdoors you will find open and covered porches, swimming pool with spa, tennis court, two-car garage and a party Barn/ game room with full bath and kitchenette. Sequestered behind high hedges and white entry gates, the manicured property boasts truly spectacular trees and gardens; A true Hamptons classic.

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300 MURRAY PLACE SOUTHAMPTON, NY TRADITIONAL | 4 BEDROOMS | 3 BATHROOMS 1 ACRE | $6,950,000 WEB ID# 103929 You can now own this quintessential seaside cottage within the Murray Compound and part of the original 250 acre oceanfront enclave.

A superb acre with preserved and pre-existing zoning, able to accommodate a new 5,800 square foot home, lies just 500 feet to the private Atlantic Ocean Beach access. This is truly a once in a lifetime opportunity.

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190 LITTLE PLAINS ROAD SOUTHAMPTON, NY TRADITIONAL | 4 BEDROOMS | 2.5 BATHROOMS .78 ACRES | $4,495,000 WEB ID# 101187 This sought after location of Little Plains Road south of Herrick Road affords easy access to the village center and the Atlantic Ocean. An early two-story farmhouse with room to expand is ideally sited on an oversized parcel (.78 of an acre) for this location. The four-bedroom home offers an open floor plan and four season living. The inground pool and tennis court complete the “best value” opportunity of this very special enclave in a most prime location.

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14 PARRISH POND LANE SOUTHAMPTON, NY TRADITIONAL | 6 BEDROOMS | 7 BATHROOMS 1.7 ACRES | $2,850,000 WEB ID# 343971 A partially treed 1.7 acre southeast facing parcel is the setting for this two story well built traditional home in Southampton. An impressive double height entry foyer is adorned by the winding staircase and opens to a thoughtful floor plan ideal for Hamptons living. First floor rooms include the formal living and dining rooms, the oversized great room, a large country kitchen, bedroom, bath and sun-room. The second floor master suite is enormous and the four guest bedrooms are all equally generous in size. Additional amenities include a two car garage, full basement, in ground pool with terrace, established landscaping and room for tennis.

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50 POST CROSSING SOUTHAMPTON, NY TRADITIONAL | 4 BEDROOMS | 4.5 BATHROOMS .39 ACRES | $3,450,000 WEB ID# 112274 South-facing and located along historic Post Crossing in Southampton Village, this classic 2.5 story home has fresh modern interiors for today’s lifestyle. Restored historic windows, refinished hardwood floors, and a designer’s touches are just a few of the updates to the interior of this shingle-style manse. A traditional open floor plan with rooms that spill out to the large covered rear porches, lawn, and gunite pool, begins with a formal entry with access to the double parlor with fireplace. The sun-filled dining room with French doors overlooks the garden and established landscaping. An eat-in kitchen, which opens to the covered outdoor living room, is ideal for enjoying those morning coffees before the family or weekend guests arise. The four bedrooms and four bathrooms on the second floor include the vaulted ceiling master suite with bowed windows boasting views of the garden, pool, and charming out-buildings, which include a barn just waiting for one’s design imagination. Other recent improvements include a new cedar shingle roof and several new mechanical systems. Conveniently situated one block from Main Street and Jobs Lane beyond, this home’s prime location makes it ideal for country living in the heart of Southampton.

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9 OLDE TOWNE LANE SOUTHAMPTON, NY TRADITIONAL | 10 BEDROOMS | 14.5 BATHROOMS 4 ACRES | $39,500,000 WEB ID# 38613 42

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John Kean has set a new level of excellence with his first completed, fully-furnished estate, poised behind a gated entry, on 4 +/- manicured acres in the heart Southampton’s exclusive enclave known as Olde Towne. Luxurious appointments, exquisite furnishings and state-of-the-art amenities find harmony within Kean’s masterful construction. Warmed by eight fireplaces, the striking traditional residence, with interiors by world renowned designer Anthony Ingrao, balances common rooms with intimate spaces throughout its 15,500 square feet on two floors of living space. A dramatic entry leads to the living room with full bar, media room, library and extensive loggia. The kitchen, set within its own great room is augmented by a separate professional chef’s kitchen and a glass encased breakfast room. Accommodations include 8 bedrooms with baths ensuite, including extensive master suites on the first and second floor. Three staircases and an elevator variously connect to an additional 6,000 SF +/- lower level with theater, gym, professional two-lane bowling alley, full bar, wine cellar, billiard room and two staff suites. The roof deck offers a putting green as well as expansive ocean views. An attached guest cottage offers living room, dining room, kitchen and two bedrooms with baths ensuite. The manicured landscape, bordered by a classic, privet hedge, frames the 60 x 34 Gunite pool with a striking negative edge element and an oversized spa as well as sun lounges in the pool’s novel beach end. The pool house features a great room, lounge, kitchenette, two full baths, napping/changing room and a canopy offering shade for dining or relaxation. Terraced entertaining spaces are set within vivid garden beds and expansive, open lawn areas. An outdoor kitchen, gas fire pit and sunken Deco Turf tennis court complete with a pergolacovered viewing area add to the list of Twin Peak’s outdoor amenities. Make plans to view this stunning new estate today.

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281 GIN LANE SOUTHAMPTON, NY BERMUDA | 9 BEDROOMS | 10.5 BATHROOMS | 2.21 ACRES AUG 350K | JULY/AUG 550K | $14,500,000 WEB ID# 55023 44

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Located along Gin Lane and set back behind tall privet hedges is this wonderful estate section oasis. A sprawling floor plan makes for luxurious seaside living and generous room for family, friends and entertaining. This chic styled home with a good feeling boasts principal rooms with vaulted ceilings allowing for great light and a sense of air and space. Nine bedrooms and ten and a half bathrooms located in separate wings afford great privacy. The living room, library, media room, office and spectacular kitchen all open to the courtyard terrace and 60-foot swimming pool. Outside amongst the 2.2 acres of beautiful landscape you will find a tennis pavilion, tennis court, two car garage, and outdoor shower. Ocean beaches within a short distance. Undoubtedly one of the top addresses in all of the Hamptons.

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64 DOWN EAST LANE SOUTHAMPTON, NY TRADITIONAL | 7 BEDROOMS | 8.5 BATHROOMS 1.8 ACRES | $9,750,000 WEB ID# 55722 This turn-key renovated and re-styled Hamptons traditional residence is beautifully sited on 1.8 acres in a quiet cul-de-sac within the historic estate section of Southampton. Masterfully crafted with a comfortable floor plan throughout, this home has been decorator designed and is now ready for your year round enjoyment. The gracious first floor includes a cathedral ceiling living room, completely remodeled eat in kitchen, formal dining room, library, media room, two guest suites, staff bedroom, laundry room and two car garage. The Master suite is located on the second floor with two full baths/closets, large terrace and a convertible office. Other features include three additional guest bedrooms, five fireplaces and wonderful architectural detail additions. A quiet location with second floor water views, you’ll enjoy the pool side-southwest facing verandas, and beautiful extensive landscaping.

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76 PIERPONT STREET SOUTHAMPTON, NY CONTEMPORARY | 3 BEDROOMS | 4 BATHROOMS 1.4 ACRES | $9,500,000 WEB ID# 104877 Located within a short distance to the Atlantic Ocean, shopping and restaurants on Main Street, this traditional Hamptons home offers easy living on one level. The residence offers a gracious entry foyer with cathedral ceiling, formal dining room with fireplace, living room with fireplace, master bedroom with fireplace and two additional en-suite bedrooms. The great room with fireplace opens to a terrace, swimming pool and established landscaped grounds with specimen trees. Sited on 1.4 acres, there is ample room for expansion of the residence and installation of a tennis court.

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32 HEDGES BANKS DRIVE EAST HAMPTON BAYFRONT | MODERN | 3 BEDROOMS | 2 BATHROOMS 1.2 ACRES | $3,900,000 WEB ID# 108836 Located in one of the most coveted Hamptons Bayfront communities with celebrity neighbors, this waterfront retreat offers expansive water frontage and unobstructed bay views and is just steps to Sandy Bay beach. Enjoy stunning sunset skies from all the principal rooms including master bedroom suite and two first floor bedrooms. The original home owned and designed by renowned architect Harry Bates, was recently renovated in 2012 including modern kitchen and two full baths. Enjoy entertaining throughout the seasons by the roaring fire or the outdoor entertaining space. Ample room for house expansion and room for swimming pool.

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17 SARAHS PATH AMAGANSETT TRADITIONAL | 7 BEDROOMS | 8.5 BATHROOMS .92 ACRE | $6,900,000 WEB ID# 108543 Timeless architecture and a finely crafted, 8,500+ sf estate in the most sought-after Amagansett neighborhood south of the highway filled with celebrity neighbors is striking distance to the ocean and town. With superb workmanship and detail throughout, this high quality home is constructed for indoor and outdoor entertainment. High-ceilings throughout, numerous terraces on both floors, three fireplaces, an elegant foyer, formal dining room, and the high-end gourmet open kitchen with great room provides a welcoming place to gather. Take in the ocean breezes from the seven generous-sized en-suite bedrooms with outdoor sitting areas. The oversized master suite has a sitting room, two large closets and a relaxing whirlpool bath. The serene and protected property has secret gardens with charming rear walkways and a huge saltwater gunite pool with spa. Just listed and priced below replacement cost.

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15 WEST NECK ROAD SOUTHAMPTON, NY CONTEMPORARY | 3 BEDROOMS | 2.5 BATHROOMS .6 ACRE | $795,000 WEB ID# 345019 Down a quiet country lane and a small stone walkway, you will find this hidden tasteful sparkle, with just enough for your Hamptons getaway.

Smartly decorated, this home features three bright modern bedrooms, a master bedroom with a light and airy marble finished bathroom on the first floor, an updated modern kitchen with an atrium opening up to a wrap-around deck, great for entertaining and overlooking the heated pool surrounded by nature. Come see this bright, cheerful home.

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270 TOYLSOME LANE SOUTHAMPTON, NY TRADITIONAL | 3 BEDROOMS | 2 BATHROOMS .64 ACRES | $4,600,000 WEB ID# 108929 Approved plans in place for a 7,800 square foot home with 4,800 square feet on two levels plus a finished 3,000 lower level. This south facing .64 acre parcel with dense perimeter landscaping boasts pre-existing zoning conditions in place for building a dream home with 2 car garage, covered porch, and outdoor fireplace. Also included in the approved footprint is 20 x 45 pool and pool house.

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53 HIDDEN COVE COURT SOUTHAMPTON CONTEMPORARY | 4 BEDROOMS | 4.5 BATHROOMS 1.3 ACRES | $2,300,000 WEB ID# 107968 In a quiet cul-de-sac just minutes to Southampton and Sag Harbor villages lies this two level contemporary residence on 1.3 acres with sun lit interiors and an open floor plan. Three finished levels spill out onto the decks, patios, and terraces complemented by extensive tiered landscaping, a gunite swimming pool and all-weather tennis court. Just listed for the first time.

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175 WHITE STREET SOUTHAMPTON, NY TRADITIONAL | 6 BEDROOMS | 6.5 BATHROOMS .46 ACRES | $4,695,000 WEB ID# 373492 Beautifully appointed home with an ideal floor plan boasts high-ceilinged interior spaces and sunlit rooms which open to the brick terraces.

Now available and repositioned in the market, this offering is clearly one of the best currently available. Nearly 5,500 SF on 3 levels with generous public spaces. Six bedrooms, 6.5 baths, pool, pool house and attached 2-car garage.

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115 WYANDANCH LANE SOUTHAMPTON, NY TRADITIONAL | 6 BEDROOMS | 5.5 BATHROOMS 1.1 ACRES | $9,985,000 WEB ID# 43986 54

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Wyandanch Lane, with the gorgeous canopy of London Plane Sycamore trees, is the coveted location of this architecturally distinct home. Hear the ocean roar as you are just moments away to one of the most prized white sand Atlantic ocean beach stretches on the East Coast. Sequestered down a private drive with 15 foot (+ or -) privet hedges is the very handsome home with glorious and ample living spaces including the sunlit living room, formal dining room with fireplace and eat-in kitchen, a master suite and five additional bedrooms offers the opportunity to entertain all of your guests in true Hamptons style. Lounge by the swimming pool with terrace, relax under the covered outdoor living room and enjoy the complete privacy. Beautiful yet simple details and first class design. Just listed and ready for your immediate enjoyment.

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1860 MEADOW LANE SOUTHAMPTON, NY CONTEMPORARY | 5 BEDROOMS | 5.5 BATHROOMS 5.04 ACRES | $27,000,000 WEB ID# 15809 56

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VIRTUAL RENDERING

VIRTUAL RENDERING

A contemporary residence recently refreshed with new modern amenities including new windows, bathrooms and interior features superbly sited on a pristine parcel along world famous Meadow Lane. Over 5 acres of land with spectacular ocean coastline and Shinnecock Bay views. This home sits forward of neighboring houses affording views beyond the 200 feet of protected ocean frontage. Amenities include an oceanside swimming pool enclosed in an atrium on the South side with a glass skylight offering protection from the weather, birds, and sand along with great views of the surroundings, expansive seaside gardens and bayside tennis court all beautifully positioned behind the private gated entrance. Rendered on-line photos provide ideas for a substantial addition and redesigned landscaping. The best oceanfront value at this price.

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6 SQUABBLE LANE SOUTHAMPTON, NY CONTEMPORARY | 7 BEDROOMS | 8 FULL BATHS~4 HALF BATHS 2.4 ACRES | MD-LD $650K WEB ID# 101857 60

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Atlantic Ocean views and west facing pond frontage is the setting for this spectacular luxury summer rental. The first time ever available for rent, this home in pristine condition is located within the coveted Murray Compound and just a few houses from the Atlantic Ocean. The stylish and sleek contemporary residence of over 8,500 square feet was originally designed by architect Preston T. Phillips for Ford Motor heiress Elena Ford. The home offers grand comfortable rooms with soaring ceilings and beautiful interior spaces for seaside living and the ultimate Hamptons lifestyle. An ideal floor plan with generous principal rooms includes 7 bedrooms and 10 bathrooms on two floors. The glorious living spaces open to the expansive west facing terraces, swimming pool, dining pavilion, an expansive lawn along Wickapogue Pond.

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483 FIRST NECK LANE SOUTHAMPTON TRADITIONAL | 7 BEDROOMS | 7.5 BATHROOMS 2.67 ACRES | JULY $185K | AUGUST -LD $185K WEB ID# 112965 First Offering of a wonderful summer rental on First Neck Lane with 2.6 lovely landscaped acres for your family and guests to enjoy this Summer. Shingle style with three finished levels including a third floor sun porch with ocean views. Deep first floor sun porches and two decks with southern and western views, six bedrooms, eight full baths, four fireplaces and separate staff quarters. An eat in kitchen with breakfast area is ideal for lazy weekend brunches as is the outdoor alfresco dining patio. The living room and formal dining room spill out onto the large screened/enclosed side porches and rose garden. On the premises is a 40’ oval gunite heated pool with terrace and pool house with an additional private garden and stone patio. This home has updated farmhouse charm and elegance, nearby clubs, close proximity to the Atlantic Ocean and Southampton’s finest “World’s Best” beaches.

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38 COBB HILL WATER MILL, NY TRADITIONAL | 8 BEDROOMS | 7.5 BATHROOMS 2.13 ACRES | JUNE $150K | JULY $250K | AUG $350K | MD-LD $750K WEB ID# 105958 Water Mill residence sited on over 2.1 acres on a quiet cul-de-sac is centrally located to village and ocean beaches. This new traditional is fresh and chic with sunlit double height living room which opens to the outdoor entertaining areas. The home also features a library/media room with adjoining powder room, den with fireplace, formal dining room and large eat-in kitchen, with seven bedrooms including the master bedroom suite with gas fireplace and first floor guest suite there is ample room for guests. The lower level boasts a 10 seat theater, game room with pool table and wet bar, wine cellar and room for staff. Outside you find dining terraces, outdoor grill, swimming pool, pool house and all-weather tennis court. Retreat to the pool house to enjoy the lounging room with fireplace, play room, powder room and outdoor shower.

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136 FIRST NECK LANE SOUTHAMPTON, NY TRADITIONAL | 9 BEDROOMS | 6.5 BATHROOMS 1 ACRE | JULY $175K | 2 WEEKS $100K WEB ID# 132758 In the heart of the village, conveniently located between beaches and Main Street shops and restaurants, this beautifully renovated farmhouse has every modern amenity, including a separate guest house. The main house has three stories with an eat-in kitchen, large living room, dining room and family/TV room. There is also a beautiful covered outdoor patio and dining space that look out onto the swimming pool and mature landscaping and flower garden. The second floor boasts a lovely master suite with a spacious bathroom. There are five more guest rooms in the main house, including two on the third floor. The guest house has its own entrance as well as an additional three bedrooms and two more bathrooms. In addition to this, there is yet another full kitchen and a gym. This is a fabulous opportunity to rent a classic, updated home in a prime location.

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122 JULE POND DRIVE WATER MILL, NY TRADITIONAL | 7 BEDROOMS | 8 BATHROOMS 2.73 ACRES | JULY $175K WEB ID# 99666 Located in a coveted Water Mill location with western sunset views of a scenic pond, open fields, and the Atlantic ocean, this spacious home features an ideal floor plan for all of the seasons the Hamptons has to offer. Some of the bonus elements include seven bedrooms, eight and a half bathrooms with a wonderful master suite, four fireplaces, a media/screening room, screened in porch and convenient elevator. The exquisitely furnished living spaces open up to extensive terracing overlooking lawns, gardens and the 50 foot heated saltwater pool and spa. The last compelling prime feature is the deeded access to a pristine white sand Atlantic Ocean beach which is just a blink away.

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SERENE OCEANFRONT WITH POND VIEWS SOUTHAMPTON, NY TRADITIONAL | 6 BEDROOMS | 6 BATHROOMS 2.21 ACRES | JULY $350K | JULY-LD $725K | AUGUST-LD $375K WEB ID# 105958 Located on one of the prime seaside streets in Southampton, enjoy the cool breezes from the Atlantic Ocean and the 166’ of pristine white sandy beach frontage at this 2.2 acre residence. Over 5,500 square feet of living spaces on two levels is yours to enjoy. Sunlit entertaining areas which include living room and formal dining room each boast high ceilings and expansive windows to enjoy the ocean vistas and easy access to the outdoor living spaces including an oceanside swimming pool. Early risers can enjoy morning coffee with picturesque sunrises on the upper deck or the pond views from the chef’s kitchen. The oceanfront master suite with window seat has access to a private deck; master bath has dual vanity, shower and soaking tub. The residence features five additional bedrooms and full baths, media room, library and private gym. Easy access through a private path to the ocean beach is steps away. Come and live the Hamptons Lifestyle all within a short distance from Main Street shops and restaurants.

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59 FIRST NECK LANE SOUTHAMPTON, NY TRADITIONAL | 9 BEDROOMS | 11.5 BATHROOMS | 2.13 ACRES JUNE 140K | JULY 250K WEB ID# 112784 Exceptional home located in one of the most desirable streets in the Southampton Estate Section. The home just went through an immaculate renovation and the elegant floor plan includes a grand foyer with windows overlooking the grounds, two oversized and separate living rooms, both accessing terraces and areas of the garden, a beautiful den off the pool, an elegant formal dining room, a TV/media room and a new gourmet state-of-the-art kitchen with a large, sunny and inviting informal dining area. There are nine en suite bedrooms. The master suite features a fireplace, private terrace, two baths and two dressing rooms, and a study overlooking the grounds. All principal rooms have access to the stone patio surrounded by beautifully landscaped and private grounds. There is a heated swimming pool, spa and a tennis court.

Additional rooms include a professionally equipped gym, play room and virtual golf practice area. The wonderfully landscaped 2 +/- acre property offers plenty of space for elegant entertaining. Beautiful and a truly relaxing environment, this fabulous home will delight even the most discerning tenant.

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DEVELOPMENT SOUTHAMPTON, NY LAND | 1 ACRE | $6,850,000 WEB ID# 44964 You will be enchanted by the sound of the ocean when you arrive at this special five bedroom home with beautiful pool area and a tennis court. This is a well-appointed home with library, den, and living space for relaxing as well as entertaining during the Hamptons summer season. Don’t miss this opportunity to be by the beach and in the Village of Southampton just a short distance to Main Street and Jobs Lane.

SOUTHAMPTON, NY LAND | 1.52 ACRE | $8,950,000 WEB ID# 107433 This stylish residence just a short distance to the Atlantic Ocean has been recently renovated and updated to take advantage of today’s active Hamptons lifestyle. A gracious floor plan opens to the outdoors and the well-landscaped, south-facing 1.5 acre parcel. The expansive rear yard beyond the inground pool and terraces boasts exceptional perimeter landscaping. Several of the highlights of this home include the open floor plan, living rooms for entertaining and the master suite which offers two bathrooms, a large terrace and peek of Taylor Creek and Shinnecock Bay in the distance.

SOUTHAMPTON, NY LAND | 1.40 ACRE | $9,500,000 WEB ID# 104877 Located within a short distance to the Atlantic Ocean, shopping and restaurants on Main Street, this traditional Hamptons home offers easy living on one level.

The residence offers a gracious entry foyer with cathedral ceiling, formal dining room with fireplace, living room with fireplace, master bedroom with fireplace and two additional en-suite bedrooms. The great room with fireplace opens to a terrace, swimming pool and established landscaped grounds with specimen trees. Sited on 1.4 acres, there is ample room for expansion of the residence and installation of a tennis court.

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SOUTHAMPTON, NY LAND | 1.00 ACRE | $6,950,000 WEB ID# 103929 You can now own this quintessential seaside cottage within the Murray Compound and part of the original 250 acre oceanfront enclave. A superb acre with preserved and pre-existing zoning, able to accommodate a new 5,800 square foot home, lies just 500 feet to the private Atlantic Ocean Beach access. This is truly a once in a lifetime opportunity.

SOUTHAMPTON, NY OCEANFRONT | 3 ACRES | $21,500,000 WEB ID# 10633 The first time for sale. An original Atlantic Ocean beach house with protected frontage along miles of white sand. An ideal site to redevelop with ample room for a substantial home, Oceanside pool and tennis court. Over 3 acres with 150 ft of frontage and views of Shinnecock Bay.

SOUTHAMPTON, NY BAYFRONT | 12 ACRES | $15,900,000 WEB ID# 113274 Located south of the highway in the one-of-a-kind Shinnecock Bayfront Atterbury Estates, this 12 acre estate site has been conceptually divided into 7 parcels and situated on one of the highest points in Southampton. The spectacular view is a combination of the highest waterfront elevation, the direct southern exposure and the waterfront ensuring miles of panoramic water views. The 3-story home, designed over 100 years ago by famed architect Grosvenor Atterbury, has been completely re-imagined and awaits the discerning buyer’s finishing touches.

Quite secluded and boasting very dramatic views of the bay and the ocean, this compound offers three golf holes, a separate carriage house, a separate waterfront parcel with approvals for a 4,200 sq. ft. home and pool which is also included in the 12 acres. Located just a short distance from Southampton Village and ocean beaches, this property offers numerous opportunities and one of the largest south of the highway contiguous parcels remaining in the market today.

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INTERNATIONAL

PARADIS SUR MER GRAND CAYMAN VILLA | 6 BEDROOMS | 10 BATHROOMS 3.25 ACRES | $10,950,000 WEB ID # 410099 70

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A truly stunning home and undoubtedly Rum Point’s most exclusive beach front Villa. Drive through ornate electric gates, handcrafted in Africa, to a gated courtyard with double garages either side with Parking for 6-8 large vehicles. Above the garages are two guest apartment suites.

Enter through the hand carved main door into the palatial living space with floor to ceiling windows and doors, presenting the gorgeous ocean views over the ultra private pool/Jacuzzi and beach. Fully immerse oneself in the spectacular location of Rum Point, world famous for its crystal clear cobalt waters and powdery white beaches. This beach front villa has too many luxury amenities to mention; there is a private dock with launch pad for water toys and large boats. The kitchens are a gourmet chef’s dream with the main kitchen featuring a ‘La Cornue’ Rotisserie & Stove that is a “work of art” centerpiece and there is also a preparation kitchen & wine cellar, fully equipped outdoor kitchen with warming chambers, ovens, grills and even an outdoor pizza oven.

The main house offers more than 11,500 square feet of generous living space. There are six bedrooms all en-suite including a large master with majestic views of the ocean, pool and private beach, his and hers’ bathrooms and a full closet with its own private stairs to the Mezzanine level of the master suite. The house has a resort-quality elevator, office, utility and laundry rooms and extensive storage throughout the home. Hurricane-rated doors and windows enhance not only views but security. This home is a fortress and every security detail has been carefully engineered seamlessly into its design. This is an energy efficient home, with mature tropical landscaping throughout, which does not require irrigation. ‘Paradis Sur Mer’ is located on Sand Point Road, an extremely private and secluded cul de sac, with very limited local traffic. A perfect destination to rival any other uber-luxury beachfront villa and destination globally.

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SOUTH FLORIDA

2000 SOUTH OCEAN DRIVE HALLANDALE BEACH FLORIDA BEACHFRONT RESIDENCES 1/2 FLOOR | FULL FLOOR | PENTHOUSES | CALL FOR PRICING

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2000 Ocean is comprised of half-floor residences, full-floor penthouse residences, and one exceptional duplex sky villa with private pool deck. Each residence features a private eastern oceanfront terrace and a private western garden-facing terrace— affording residents the ability to watch the sun rise over the Atlantic Ocean and set each day over the Intracoastal Waterway, from the comfort of their own homes.

Dual panes of fritted glass provide a strong yet transparent exterior to this tower, which beautifully reflects the light and color of its oceanfront surroundings. Seen from afar—it is a cinematic expression of brushed silver metal frames and floor-to-ceiling glass, set proudly on the Atlantic coast.

The interiors of 2000 Ocean express space in lyrical terms. Each floor plan is connected by a common entranceway, designed to smooth transitions between private and communal rooms. The idea is to encourage free-flowing, natural movement and fluidity from one activity to another.

Wellness is a core consideration. Natural patterns of sleeping and waking, rest and social activity all factor into the grand plan.

In a sense, the orientation of the rooms manifests human nature. On the west side of the building, master suites intentionally face the garden instead of the ocean. The sun goes down on this side of the building, encouraging sleep and restfulness.

In contrast, the east terrace on the opposite side of the floor is a physical extension of the “great room”—a communal living area surrounded by panoramic views of the ocean. Sunlight and energy are optimized in these spaces, which are designed to invite social gatherings, conversation, and entertainment.

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About Tim Davis

P

ower broker and lifelong Hamptons resident Tim Davis boasts an accomplished 39-year real estate career listing and selling some of the finest properties on the East End. Known as an expert in the marketplace, he continues to reign among the most select, sought after top Hamptons Brokers in the industry; plus he consistently ranks among the Top 25 Agents in Volume in the United States. In his exemplary career, Tim has sold over $4 billion of Hamptons real estate, ranging from luxury estate homes and oceanfront properties to village cottages and bay-front retreats. Tim’s global network has grown to include affiliations in other markets including John Taylor International, Verzon and Leading Estates of the World; just to name a few. These relationships enable his clients to reap the benefit of exposing their properties to a vast International audience. At the same time, it provides for him sharing a wealth of knowledge to both buyer and seller that only 39 years of experience can provide.

With sales volume in over $1.75 Billion from 2012 to 2018, Tim successfully negotiated over $4 Billion in sales while achieving record prices for both waterfront and interior properties for his clients with some notable sales such as The Ted Forstmann Oceanfront Estate; the Founder of “Snapple” Arnold Greenberg Estate on Meadow Lane; an oceanfront home in East Hampton for nearly $35M; and “Westerly,” the estate of Howard Gittis at the record sale price of $38.5M. He also procured the buyer for his co-exclusive listing, Wooldon Manor, which was listed for $100M and closed for $75M which the following year he sold for $82M. The oceanfront home used for filming the movie “Something’s Gotta Give” Tim sold at a record price of $41M – for a home on 2 acres. Tim’s success has continued with the sale of the Nash Estate on Mecox Bay, an Oceanfront residence on Squabble Lane, “Gardenside” for the third time with a closing price of $24M and the largest land sale in Amagasett of 33+ Acres, The Fleetwood Compound, which was listed for $19.85M. Prior to his association with Corcoran, Tim was a former principal of the leading boutique Hamptons real estate brokerage firm, Allan Schneider Associates. He and his two partners sold the company (which grew under his leadership to 12 offices with 350 agents and $1.2 billion in annual sales) to NRT/Realogy, the parent company of The Corcoran Group, in August 2006.

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Recent Awards 2019 Wall Street Journal Best RE Agents in America 2018 Wall Street Journal Best RE Agents in America 2018 Southampton Top Producer 2018 President`s Council 2017 Wall Street Journal Best RE Agents in America 2017 Southampton Top Producer 2017 Top Deal Of The Year – East End 2016 Wall Street Journal Best RE Agents in America – Ranked Top 25 2016 President’s Council 2016 Southampton Top Producer 2015 Top Deal Of The Year – East End 2015 Wall Street Journal Best RE Agents in America – Ranked Top 21 2015 Southampton Top Producer 2014 #6 Ranked Broker in US – Wall Street Journal 2014 Top Deal Of The Year – East End 2014 #1 Hamptons Agent 2014 President’s Council 2013 #1 Overall Broker at Corcoran 2013 #4 Ranked Broker in U.S. Wall Street Journal 2013 Top Rental Of The Year – East End 2013 Top Deal Of The Year – East End 2013 #1 Hampton’s Agent

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A SELECTION OF LANDMARK SALES * PRICING SHOWN LAST LIST PRICE

SOUTHAMPTON, NY 7 BEDROOMS | 10 BATHROOMS 2.28 ACRES | $32,500,000

SOUTHAMPTON, NY 11 BEDROOMS | 12 BATHROOMS 3 ACRES | $12,950,000

SOUTHAMPTON, NY 7 BEDROOMS | 7.5 BATHROOMS 7.5 ACRES | $68,000,000

SOUTHAMPTON, NY 12 BEDROOMS | 9 BATHROOMS 3.77 ACRES | $50,000,000

SOUTHAMPTON, NY 7 BEDROOMS | 8.5 BATHROOMS 15.40 ACRES | $45,000,000

EAST HAMPTON, NY 4 BEDROOMS | 6.5 BATHROOMS 2.8 ACRES | $19,000,000

SOUTHAMPTON, NY 8 BEDROOMS | 9.5 BATHROOMS 3.66 ACRES | $39,000,000

AMAGANSETT, NY 4 BEDROOM | 4 BATHROOMS 33.67 ACRES | $19,850,000

SOUTHAMPTON, NY 9 BEDROOMS | 11.5 BATHROOMS 4.53 ACRES | $38,000,000

SOUTHAMPTON, NY 7 BEDROOMS | 9.5 BATHROOMS 4.50 ACRES | $36,000,000

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SOUTHAMPTON, NY 7 BEDROOMS | 11.5 BATHROOMS 1.84 ACRES | $27,000,000

SAGAPONACK, NY 7 BEDROOMS | 7.5 BATHROOMS 4.20 ACRES | $24,950,000

WATER MILL, NY 6 BEDROOMS | 7.5 BATHROOMS 5.8 ACRES | $28,000,000

SOUTHAMPTON, NY 10 BEDROOMS | 9 BATHROOMS 3.9 ACRES | $34,950,000

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2018 4Q LUXURY MARKET 4Q18

4Q17

% CHG (YR)

49

58

-16%

$374.802M

$426.618M

-12%

AVERAGE PRICE

$7.649M

$7.355M

4%

MEDIAN PRICE

$6.495M

$5.863M

11%

whereas last year the minimum price threshold to

NORTH FORK

4Q18

4Q17

% CHG (YR)

count in the luxury category was $1.15M.

SALES

14

18

-22%

VOLUME

$32.399M

$30.096M

8%

AVERAGE PRICE

$2.314M

$1.672M

38%

MEDIAN PRICE

$1.790M

$1.325M

35%

Luxury price statistics improved. On the South Fork average price rose 4% and median price was up more, by 11%. The North Fork had a notable increase. Average price was up 38% and median price was up 35%. Improved sales activity at the high-end meant that the top 10% of North Fork sales were almost all over $1.5M in Fourth Quarter 2018,

SOUTH FORK SALES VOLUME

23 SHINNECOCK,ROAD QUOGUE NY WEB ID: 105509 | $9.875M SOLD

122 / 132 SOUTH MAIN STREET SOUTHAMPTON, NY WEB ID: 30287 | $15.875M SOLD

OVERALL INVENTORY INVENTORY

Inventory is the total number of East End properties listed for sale at the end of a particular period. Fourth Quarter 2018 inventory was 5,678 listings, essentially level with available homes at this time last year.

Inventory shrank versus Third Quarter 2018 by 6%, although it is a common seasonal trend for inventory to decrease in the fourth quarter versus third quarter.

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2019 1Q LUXURY MARKET 1Q19

1Q18

% CHG (YR)

52

53

-2%

$395.675M

$463.578M

-15%

AVERAGE PRICE

$7.609M

$8.747M

-13%

MEDIAN PRICE

$6.563M

$6.55M

0%

price. Two reported sales over $3M drove the

NORTH FORK

1Q19

1Q18

% CHG (YR)

increase versus First Quarter 2018 when there were

SALES

16

14

14%

VOLUME

$29.778M

$23.703M

26%

AVERAGE PRICE

$1.861M

$1.693M

10%

MEDIAN PRICE

$1.548M

$1.523M

2%

The average South Fork luxury price was $7.6M, a 13% drop from last year’s figure of $8.7M. Fewer sales over $20M caused this decline. But there were more sales between $10M and $20M reported this year, which helped to keep the median price steady at $6.6M. The North Fork had 10% increase in average luxury

none. Median price was steadier, with just a 2% increase year-over-year.

SOUTH FORK SALES VOLUME

7 BAYFIELD LANE WESTHAMPTON BEACH, NY WEB ID: 55649 | $5.5M SOLD

41 HERRICK ROAD SOUTHAMPTON, NY WEB ID: 39085 | $10.9M SOLD

OVERALL INVENTORY INVENTORY

Inventory is the total number of East End properties listed for sale at the end of a particular period.

First quarter 2019 inventory was 5,854 listings, a 3.6% increase versus First Quarter 2018. This is the second consecutive quarter that inventory increased year-over-year, although last quarter’s growth was less than 1%. Previously, inventory had dropped versus the prior year for eight straight quarters. The number of listings is still below the figure seen in First Quarter 2017, however.

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EXCLUSIVE PARTNERSHIPS

Real estate agents afďŹ liated with The Corcoran Group are independent contractors and are not employees of The Corcoran Group. Equal Housing Opportunity. The Corcoran Group is a licensed real estate broker located at 660 Madison Ave, NY, NY 10065. All listing phone numbers indicate listing agent direct line unless otherwise noted. All information furnished regarding property for sale or rent or regarding ďŹ nancing is from sources deemed reliable, but Corcoran makes no warranty or representation as to the accuracy thereof. All property information is presented subject to errors, omissions, price changes, changed property conditions, and withdrawal of the property from the market, without notice. All dimensions provided are approximate. To obtain exact dimensions, Corcoran advises you to hire a qualiďŹ ed architect or engineer.

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