Southampton Village Estate Sells To Royalty For$16.5 million

New York socialite Ulla Parker has sold her Southampton Village home for $16.5 million, according to The Real Estate Report Inc.

The buyers of 385 Great Plains Road are royalty, according to The Real Deal, which reported the new owners are husband and wife Pavlos and Marie-Chantal. Marie-Chantal is the crown princess of Greece and the princess of Denmark, and Pavlos is the heir apparent to the defunct Greek throne. The sale closed back on January 31, but was only reported among the deeds and transfers last month.

At the northeast corner of Great Plains Road and Captains Neck Lane, the estate is 3.4 acres. Designed by architect Peter Schulte, according to the listing, the gambrel home with European flair is 13,000 square feet with 10 bedrooms, eight full bathrooms and two half-baths.

The living room with an ornate fireplace leads to a sunroom with another fireplace, and more fireplaces are found in many of the principal rooms. There’s a formal dining room with hand painted walls, an eat-in kitchen with Viking appliances, an informal dining room and a library.

The master suite is upstairs with a sitting room, two walk-in closets, a luxurious bath and a large office.

Two screened porches, a columned porch and brick patios offer areas to entertain and relax. The estate is complete with a heated saltwater pool, a pool house and a sunken tennis court.

Ms. Parker is the co-owner and creative director of Chateau Maris, a “biodynamic” vineyard in the former Languedoc province in France. Using compost rather than pesticides and other chemicals, the vineyard grows grapes sustainably.

Ms. Parker is the ex-wife of Wall Streeter Kevin Parker, the CEO and founder of Sustainable Insight Capital Management and a co-owner and founder of Chateau Maris. According to town property records, they purchased the Great Plains Road property together in 1999, when it was unbuilt, for $2.4 million.

Saunders & Associates had the listing when it sold. According to Zillow, the property was last listed for $20 million. In 2009, it was asking for $27 million, and in 2011 tried for even more: $30 million.