The Top 10 Hamptons Real Estate Sales Of The First Half Of 2021

In the first six months of 2021, the towns of East Hampton and Southampton split the top 10 Hamptons homes sales up evenly: East Hampton took the top five and Southampton Town took the next five.

In both towns, it has become increasingly difficult in recent years to identify buyers, sellers and even the brokers who represented them. Limited liability companies offer privacy for the owners and buyers, while unadvertised off-market or “pocket” listings mean details are harder to come by.

The Real Estate Report Inc. provided this ranking, which is based on the prices recorded with Suffolk County for single parcels.

1.
75 West End Road, East Hampton
$75,000,000

Fashion designer Calvin Klein tops the list for the second year in a row. In 2020, he sold 650 Meadow Lane in Southampton for $84.45 million.

Like his former Meadow Lane property, 75 West End Road is also on the oceanfront. It has 355 feet of shoreline and also fronts Georgica Pond, to the north. Last year, the 6.4-acre property was before the town for alterations and two additions by Stelle Lomont Rouhani Architects with landscape design by LaGuardia Design Group

The estate with a traditional residence was sold in tandem with a vacant property at 69 West End Road for $10 million, which Mr. Klein co-owned with his daughter, Emmy-winning television producer Marcia Klein. At $85 million in total, the off-market deal topped the astonishing price that Mr. Klein achieved last year in Southampton. Both sales closed May 17 and the new owners are Traumhaus 1 LLC and Traumhaus 2 LLC.

2.
66 Wainscott Main Street, Wainscott
$66,000,000

According to a five-year-old rental listing, this 31-acre property includes a 19th century carriage house that is quaint and modest with Old World details and charm. The land is just south of the Wainscott School and fronts about half of the east side of Wainscott Pond. East Hampton Town maps show the land is in a single-family residence district where one home is permitted every 4.6 acres. By that measure, six homes could be built on the land, with room to spare. Daisley Land Partnership Ltd and David Osborn LLC sold to 66 Wainscott Main LLC on April 28.

3.
30 Spaeth Lane, East Hampton
$60,000,000

This nearly 6-acre oceanfront property off Further Lane in East Hampton Village with a circa-1955 mid-century modern residence overlooking the dunes sold on March 15. Architects George Nelson and Gordon Chadwick designed the house, which has a second-story porch with ocean views, formal and informal living rooms, with a fireplace in each, six bedrooms, five bathrooms and a finished basement.

According to Caroline Rob Zaleski’s 2012 book “Long Island Modernism 1930-1980,” it was built for Eloise and Otto Spaeth, who gave Spaeth Lane its name. Mr. Spaeth was an industrialist who made his fortune in aluminum, among other ventures, and the Spaeths were significant art collectors.

The property has 333 feet of shoreline and a double dune that offers storm protection, the listing notes. The listing also says the property can yield a new 15,421-square-foot residence.

The seller was the estate of Life Savers heiress June Noble Smith Larkin Gibson, who died in June 2020 at her Greenwich, Connecticut, home at the age of 98.

Peter Turino and Christopher Burnside of Brown Harris Stevens had the exclusive listing.

4.
70 Further Lane, East Hampton
$59,500,000

This oceanfront estate was quietly sold in an off-market deal on February 5. The 3-acre property includes a large shingled home, an oceanside pool, a tennis court and a basketball court. The owner was Jim Chanos, a hedge fund manager who has had great success in short sales. He is the president and founder of Kynikos Associates and is known for predicting the fall of Enron in 2001. Just last year, he successfully shorted troubled companies Luckin Coffee and Wirecard AG.

The buyer’s identity is shielded by a limited liability company.

5.
38 Mathews Road, Wainscott
$47,000,000

Burnt Point, a gated 25-acre estate designed by Francis Fleetwood, sold on April 16 for $47 million — more than five years after it was first listed for $95 million, fully furnished. On a peninsula that juts out into Georgica Pond, with 2,024 feet of waterfront, the estate boasts an 18,000-square-foot Gambrel residence completed in 1999.

A 2015 New York Times article announcing the listing noted that the estate was originally designed for commodities trader David Campbell, with interior architecture by Brian O’Keefe and interior design by Marjorie Shushan.

The steel-frame main house has five principal bedroom suites plus a self-contained three-bedroom guest wing. The house has a double-height entry hall, 200-year-old antique flooring and water views from almost every room. Among the amenities are two elevators, an eat-in kitchen with commercial grade appliances, a beamed library, a paneled office, a professional screening room and a wine cellar. The residence is complemented by a waterside pool and spa, a tennis court and a dock.

The seller was The Stewart J. Rahr Foundation, a charitable organization started by Stewart Rahr, the founder of pharmaceutical wholesale distributor Kinray. The 2015 Times article noted that Mr. Rahr had transferred ownership of the estate to his foundation that year.

The asking price was slashed a few times since 2015 and was listed with various brokerages. By 2020, the ask stood at $56 million. According to Bespoke Real Estate, which had the listing when Burnt Point sold, this sale is the most expensive trade ever of a non-ocean waterfront Hamptons property. The new owner is TOBH Properties LLC.

6.
40 Meadow Lane, Southampton
$42,923,600

This oceanfront modern traded in an off-market transaction on April 5, and the New York Post reported that the new owner is New England Patriots owner Robert Kraft.

The 6,677-square-foot, three-story residence has seven bedrooms and 9.5 bathrooms and was built a few years ago in place of a 120-year-old shingle-style house in the Southampton Village historic district, over the objections of many village residents. One point of contention was the height — 53 feet above sea level and 40 feet above grade. The village has since adopted a stricter sky plane law, which would prevent the residence from being approved today.

7.
67 Surfside Drive, Bridgehampton
$28,500,000

This 6,700-square-foot oceanfront modern has five en-suite bedrooms with ocean views. Outdoor amenities and entertaining and recreation spaces include a waterside gunite pool with spa, two grills, a gas pizza oven, two outdoor showers and a basketball hoop. The 2.2 acres also host a three-car garage and an additional one-car garage.

According to usmodernist.org, architect Charles Gwathmey, one of the famed New York Five, designed a home on the property in 1971 for Ruth and Arthur Steel, and it was featured in the 1987 movie “Wall Street.”

Southampton Town property records state that hedge funder Stanley Shopkorn purchased the property in 1993 for $3.3 million. The listing states that the residence that stands on the property today was constructed by builder Ed Bulgin in 2016. The seller in the deal that closed May 13 was Mr. Shopkorn, and the new owner is 67 Surfside Residence LLC. Beate V. Moore of Sotheby’s International Realty had the listing.

7.
1360 Meadow Lane, Southampton
$28,500,000

This concrete-and-stucco oceanfront contemporary by architect Ward Bennett last sold in 2012 for $17.6 million. The listing at that time stated the residence has six bedrooms, six bathrooms, several fireplaces, a game room and library, all with ocean, bay and dune views, and the landscape features an oceanside swimming pool and all-weather tennis court. This most recent sale on April 23 comes after a “gut renovation” by Trimble Architecture and Stratford Engineering. According to Stratford’s website, the project included a new sloped skylight above the kitchen, new walkable skylights throughout the house, a new master bedroom addition on the east side, a custom concrete hot tub, and new fabric and cable awnings.

DF Meadow LLC is the new owner and the seller was Sheshin LLC.

9.
569 Ox Pasture Road, Southampton
$28,450,000

This 4.6-acre estate has 357 feet of waterfront, a private dock, and a 9,500-square-foot Georgian residence with nine bedrooms, seven full bathrooms and two half-baths.

A gate and pillar entry opens to a winding drive lined with apple trees, past the tennis court with a viewing patio, the 20-foot-by-45-foot pool and the pool house. The drive ends at the main house with parking in the attached two-car garage or the three-car garage with a powder room and greenhouse. Enter the 1970 home through the main door into the double-height foyer or use any of the 10 side entries. The main level features high ceilings, three entertaining spaces, formal dining and a solarium all with water and sunset views, plus a kitchen with a butler’s pantry, a breakfast nook and a brick hearth fireplace; a two-bedroom staff apartment with full bath and kitchenette; a junior master suite; a mudroom; laundry and storage space. Find the master suite on the second level. The suite offers water views, a sauna, deck access, a dressing room, walk-through and walk-in closets and an en-suite bathroom with a separate soaking tub room. Five more bedrooms, four more bathrooms and additional storage space are on the second level.

The seller was JPMorgan Trust Co of Delaware, and the new owner is 569 OP LLC. The deal closed on June 25. Erica Grossman of Douglas Elliman had the listing.

10.
1750 Meadow Lane, Southampton
$28,320,000

This 4.3-acre oceanfront property with 200 feet of shoreline hosts a five-bedroom, 6.5-bath 6,000-square-foot contemporary with panoramic ocean to bay views, plus a pool, a tennis court and a private boardwalk to the white sand beach. The deal closed on April 20. The buyer was 1750 Waterview LLC and the new owner is Waterview Realty Co.