Multiple Eight-Figure Real Estate Sales Reported

Multiple Eight-Figure Real Estate Sales Reported

Roger Pettingell Sarasota Real Estate

The final prices of four eight-figure home sales on the South Fork were revealed in this week’s roundup of recorded deed transfers by The Real Estate Report Inc., ranging from $14.6 million to nearly three times that amount.

Three of the sales occurred in Amagansett, where the biggest was 11 Beach Plum Court for $42 million in a deal that closed on April 28. The seller was hedge funder Adam Levinson, and the new owner is BPC 11 LLC.

There was no listing available for this apparently off-market deal, though The Wall Street Journal reported the modern black-cedar residence is 10,000 square feet with seven bedrooms and an installation by artist Jenny Holzer that includes scrolling text on LEDs that “wrap around exterior walls.” The architecture firm behind the project was Christoff : Finio, based in Manhattan.

In 2020, the Suffolk County Water Authority identified 11 Beach Plum Court as the biggest water user in East Hampton Town.

Fashion designer Helmut Lang sold 8 Tyson Lane, an oceanfront property, for $30.38 million on March 24 to MFGEH LLC. In 2020, Lang sold 6 Tyson Lane, an undeveloped inland lot, for $9 million.

And at 59 Gilberts Path, Otis Dune Holdings LLC sold the oceanview property for $16.25 million to SM Gilberts LLC on March 1. The 0.7-acre property last traded in 2020, when it was sold for $5.63 million, and it was then redeveloped with a new modern home by Form Architecture with, according to a rental listing, “floor to ceiling glass, open loft living area, roof deck, and a large poolside outdoor living area with Gunite pool, spa, kitchen and multiple lounge areas.”

A listing that predated the construction said the residence would be 3,900 square feet with four bedrooms, four full bathrooms, and two half baths on two levels, plus decking, including a rooftop deck, totaling 4,400 square feet.

The plans also called for a heated saltwater Gunite pool and outdoor shower, and an attached, temperature controlled two-car garage.

In Bridgehampton, 160 Surfside Drive sold for $14.6 million on April 25 from Kristin and Scott Fine to Surfside 160 LLC.

Scott Fine purchased the property in 2009 from Henry Cavanna for $6.6 million, according to Southampton Town property records.

An old rental listing states the main house is 4,250 square feet, “window-studded and drenched in sunlight” with five bedrooms, four full bathrooms, a powder room, a chef’s kitchen, a breakfast nook, and ample flexible space.

The gated property also has a pool.

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