Hamptons Real Estate | < 1 minute read
10 Most Expensive Homes Sold in the Hamptons in 2016
BY Adela Muresan | Dec 28, 2016
The Hamptons real estate market has been slowing down lately, according to the luxury homes still sold for higher prices than a year ago, in Q3 2015. Sales closed at a slower pace in 2016, but for some former owners, the money they got was well worth the wait. Take a look at the list below to see just how pricey a Hamptons estate is these days.
First prize goes to a beautiful, and very private, shingle-style mansion in East Hampton, on Lily Pond Lane. This stretch of beach-front heaven was particularly popular with deep-pocketed buyers this year, and this particular property at number 199 was purchased by entertainment mogul David Geffen from the estate of the late Josephine Chause.
Another two of the priciest homes on our list, 93 and 101 Lily Pond Lane in East Hampton, were part of a three-estate deal for the total of $110 million, the second largest sale ever recorded in the Hamptons. The other lot included in the deal is adjacent to both properties, but has no residential construction on it. Nonetheless, its share of the deal was worth $24 million.
The Hamptons “White House” at 315 Rose Hill Road finally found a new owner, after previous owner Andrew Borrok put it on the market back in 2010. The final deal was closed for less than half of the initial listing price of $58.5 million, but still ranked 7th on our list.
10 Water Mill
Sale price: $15,990,000
9 East Hampton
Sale price: $18,000,000
8 Bridgehampton
Sale price: $19,525,000
7 East Hampton
Sale price: $22,000,000
7 Water Mill
Sale price: $22,000,000
7 Southampton
Sale price: $22,000,000
6 Southampton
Sale price: $23,614,800
5 Sag Harbor
Sale price: $23,935,500
4 Water Mill
Sale price: $27,250,000
3 Southampton
Sale price: $27,500,000
2 East Hampton
Sale price: $63,800,000
1 East Hampton
Sale price: $70,000,000
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