Historic South Main Street Residence Sells for $10.35 Million

An updated and expanded shingle-style house — the former Foster family homestead — in Southampton Village recently sold for $10.35 million with a last asking price of $10.75 million.

At 264 South Main Street, the eight-bedroom, eight-and-a-half-bathroom residence with three and a half floors offers more than 8,000 square feet of living space, with modern amenities.

“The land of 1.3 acres has been thoughtfully planted and maintained over the lifetime of this house including the 30 years owned by the current homeowners,” the Corcoran listing states.

According to the Southampton History Museum, the house dates back to 1695.

Dentist and professor Farhad Hakimi bought the property in 1996 from the Southampton chapter of the Daughters of the American Revolution, who used it as a chapter house, and his friends told him he was making a big mistake.

“Everybody looked at the house and told me that I’m crazy to buy a house like that,” he said during an interview in 2022, when the property hit the market for $11.95 million.

He said it was “just a shack” with no usable shower or bathroom and no heat or cooling. But he loved Southampton and had looked for a house for many years before he found this opportunity. He said he wouldn’t be able to find such a location in the village again — five minutes to the village center and five minutes to the ocean — and he knew he’d be able to make a beautiful house there.

The front section of the house, including wood beams and main entrance door, were preserved. Windows and other doors were replaced in kind. Two bedrooms and the hall in the oldest part of the house have exposed beams that Hakimi believes are 300 years old, while on the second floor are sections he pegs at 100 to 150 years old, with similar beams.

“It wasn’t easy for me,” he said of the project. “It takes a lot of time and money and energy, and coming here and building — whether in the summertime or wintertime — it took me three years to do this house.”

The grounds include a garden and a 30-foot-by-50-foot pool surrounded by a terrace.

Corcoran associate brokers Tim Davis and Pat Garrity had the co-listing.

“The perfect buyer fell in love with this wonderful historic home in a spectacular location and will make it their own,” Davis said. “A very happy ending.”

The deal closed on November 1, according to Suffolk Vision Inc., which reported the new owner is South Main Crossing LLC.