In Sagaponack, 1.7-Acre Property Sells for $7.65 Million - 27 East

Real Estate News

Real Estate News / 2310154

In Sagaponack, 1.7-Acre Property Sells for $7.65 Million

icon 4 Photos
In Sagaponack, 139 Old Barn Lane sold for $7.65 million. MEDIAHAMPTONS

In Sagaponack, 139 Old Barn Lane sold for $7.65 million. MEDIAHAMPTONS

In Sagaponack, 139 Old Barn Lane sold for $7.65 million. MEDIAHAMPTONS

In Sagaponack, 139 Old Barn Lane sold for $7.65 million. MEDIAHAMPTONS

In Sagaponack, 139 Old Barn Lane sold for $7.65 million. MEDIAHAMPTONS

In Sagaponack, 139 Old Barn Lane sold for $7.65 million. MEDIAHAMPTONS

In Sagaponack, 139 Old Barn Lane sold for $7.65 million. MEDIAHAMPTONS

In Sagaponack, 139 Old Barn Lane sold for $7.65 million. MEDIAHAMPTONS

authorStaff Writer on Nov 20, 2024

A 1.7-acre Sagaponack property with an existing house but coveted for the land itself recently sold for $7.65 million with a last asking price of $8.5 million.

The contemporary house, built in the early 1990s, is 4,900 square feet with an accompanying heated pool, and remained in the same family for 30 years. But according to the listing, the property can yield an approximately 10,000-square-foot house on three levels — a 3,500-square-foot ground floor, a 3,000-square-foot upper level and a nearly 3,000-square foot finished lower level. Plus, there’s room for a pool, pool house and tennis court.

The address is 139 Old Barn Lane, which is at the end of a cul-de-sac off Hedges Lane.

Corcoran associate broker Gary DePersia had the listing. He said 139 Old Barn Lane is “a wonderful property because it presented to a buyer the opportunity to purchase a teardown in a coveted location and build a substantial house along with a tennis court and only a short distance to the ocean.”

The deal closed on September 6, according to Suffolk Vision Inc., which reported that the seller was Diane Eisenberg Trust and the new owner is Edlen Fo LLC.

You May Also Like:

Town & Country Joins William Raveis

Town & Country Real Estate has joined William Raveis, the largest family-owned real estate firm ... 20 Dec 2024 by Brendan J. O’Reilly

Sagaponack Pondfront Estate Sells for $14 Million

After four years on the market, a pondfront modern estate in Sagaponack with ocean views ... 19 Dec 2024 by Staff Writer

Serhant Recognizes Top Performers

Serhant in Water Mill has announced its top agent awards for 2024. The No. 1 ... by Staff Writer

Water Mill Estate Sells for $7.25 Million

A Water Mill estate abutting an agricultural reserve has sold for $7.25 million, according to ... 13 Dec 2024 by Staff Writer

Sylvester Stallone Purchases East Hampton Residence for $25 Million

The sale of a new East Hampton residence by designer James Michael Howard and McAlpine ... 12 Dec 2024 by Staff Writer

Shingled Traditional in Bridgehampton Gets $13.49 Million

A shingled traditional in Bridgehampton designed by architect Kitty McCoy has sold for $13.49 million ... 10 Dec 2024 by Staff Writer

Ocean Road Estate Sells for $10.8 Million

A 2.25-acre Bridgehampton estate with a 7,000-square-foot shingled traditional main house and a 1,500-square-foot pool ... by Staff Writer

Emergency Housing Assistance Training Offered for Advocates

Legal Services of Long Island’s Legal Support Center for Advocates presents “Emergency Housing Assistance on Long Island” on Friday, December 6, from 1 to 2 p.m. on Zoom to learn about Department of Social Services services and procedures, as well as resources, when assisting a client in need of emergency housing assistance. Legal Services of Long Island, which has an office on the East End in Riverhead, focuses on the survival needs of people with low incomes and is devoted to preserving housing on Long Island. “Public benefit programs and the preservation of housing are priority areas,” the group’s website ... 3 Dec 2024 by Staff Writer

Historic South Main Street Residence Sells for $10.35 Million

An updated and expanded shingle-style house — the former Foster family homestead — in Southampton ... by Staff Writer

Moving Into the Next Phase of Life: Senior Housing Professionals Guide Late-Life Relocations

For retired people planning their next move, perhaps from a long-held home to senior housing, ... 27 Nov 2024 by Brendan J. O’Reilly