Chateau In Murray Compound Sells For $35 Million

A Southampton Village estate in the Murray compound has sold for $35 million, less than half its original asking price.

At 317 Murray Place, the chateau-style residence elevated on 300 steel pilings sits on 2.8 acres with more than 200 feet of oceanfront. The 9,200-square-foot house has French country imported stone archways throughout, four imported Old World hearths, and custom imported wood from a French chateau seen in the exposed wooden beams and hardwood floors.

There are four bedrooms and 5.5 bathrooms, with an elevator serving three levels, so it’s effortless to visit the wine cellar. Among the living spaces are a formal dining room, with a fireplace, that leads to the open-concept kitchen and living room. A grand staircase leads up to the master suite with a foyer, a sitting room with a fireplace, an oceanfront balcony, and two marble bathrooms.

A two-car garage is attached, and a 50-by-50-foot heated pool is on the ocean side. The estate has a private path over to the dune to the beach.

The Murrays were the children and grandchildren of the inventor Thomas Murray, a colleague of Thomas Edison, and they helped form the first Southampton summer colony in the late 1800s. Their Southampton estates along with the McDonnell branch of the family, once totaled 300 acres.

This chateau belonged to the late John F. Sullivan, who purchased the land in 1986 and, in the 1990s, set about developing a family compound.

The estate went on the market in 2016 looking for $75 million. By last year, after a few $10 million reductions, it was asking $45 million. When the deal closed for $35 million on February 6, 317 Murray Place became the second-biggest sale of 2020 thus far.