Current Report Report Archives Projections


8-FIGURE SALES OCCURRING IN A RECORD YEAR...2005!
The all-stars of pricey properties (here in the Hamptons) are, for the most part, concentrated in South of the Highway locations...running from Southampton to East Hampton. This Transfer Report references a number of these properties...each with a price tag in excess of $10,000,000...and all were sold and closed in 2005...a notable year for mega-sales! The numbers may appear to be telephone-number-esque (to some of us), but the very real, established value and the inherent equity in the majority of these addresses, goes far beyond a visceral buy (on the part of the purchaser.) All, needless to say, are one-of-a-kind real estate acquisitions. Some are oceanfront or waterfront properties. A couple of them include very large parcels of land. The one common denominator that each and every one of these big-ticket investments share is that each has successfully met (and/or exceeded) the basic Laws of Supply & Demand. The bottom line is that many of these expensive properties were extraordinarily good buys...with unique features and irreplaceable qualities that value them in excess of their purchase price.

  $10,000,000++ $12,000,000++ $14,000,000++ MEGA-BUCKS!
SOUTHAMPTON VILLAGE:
Sold @ $10,300,000
530 First Neck Lane, Southampton
0904-027.00-01-008.000 Parcel = 2.2 Acres
Sold @ $14,000,000
1880 Meadow Lane, Southampton
0904-021.00-01-009.010 Oceanfront Parcel = 3.4 Acres (***PICTURED***)
Sold @ $14,900,000
466 Little Plains Road, Southampton
0904-017.00-01-032.00 Parcel = 4.98 Acres
Sold @ $18,750,000
1 Squabble Lane, Southampton
0904-030.00-01-069.001 Oceanfront Parcel = 2.16 Acres

WATER MILL + SOUTHAMPTON:
Sold @ $10,150,000
163 South Main Street, Southampton
0904-016.00-01-009.000 Waterfront Parcel = 2.1 Acres
Sold @ $12,000,000
484 First Neck Lane, Southampton
0904-027.00-01-010.000 Lakefront Parcel = 2.3 Acres
Sold @ $14,800,000
210 Meadow Lane, Southampton
0904-026.00-01-019.003 Oceanfront Parcel = 2.7 Acres
Sold @ $35,000,000
615 Montauk Highway, Water Mill
0900-114.00-03-024.000 Bayfront Parcel=15.3 Acres (***PICTURED***)

SAGAPONACK + BRIDGEHAMPTON:
Sold @ $10,600,000
542 Parsonage Lane, Sagaponack
0900-074.00-02-047.002 Parcel = 8.7 Acres (***PICTURED***)
Sold @ $12,100,000
135 Crestview Lane, Sagaponack
0900-107.00-02-037.010 Oceanfront Parcel = 2.3 Acres
Sold @ $13,750,000
43 Surfside Drive, Bridgehampton
0900-134.00-05-054.001 Oceanfront Parcel = 1.88 Acres
Sold @ $25,000,000
231 Hedges Lane, Sagaponack
0900-108.00-03-002.000 Parcel = 40 Acres

EAST HAMPTON VILLAGE:
Sold @ $12,000,000
33 Hwy. Behind The Pond, East Hampton
0301-009.00-05-002.000 Parcel = 1.22 Acres (***PICTURED***)
Sold @ $13,500,000
57 Hwy. Behind The Pond, East Hampton
0301-009.00-05-004.000 Parcel = 2.3 Acres
Sold @ $15,000,000
24 West End Avenue, East Hampton
0301-015.00-03-004.000 Pondfront Parcel = 1.54 Acres
Sold @ $19,200,000
27 Drew Lane, EastHampton
0301-013.00-13-006.000 Oceanfront Parcel = 1.5 Acres

EAST HAMPTON + VACINITY:
Sold @ $11,000,000
77 Lily Pond Lane, EastHampton
0301-013.00-12-015.000 Parcel = 1.65 Acres
Sold @ $14,450,000
30 Cross Highway, Amagansett
0300-151.00-02-004.000 Parcel = 18 Acres
Sold @ $16,550,000
50 Hither Lane, EastHampton
0301-004.00-11-029.013 Parcel = 5.3 Acres
Sold @ 39,250,000
38 Mathews Road, Wainscott
0300-197.00-07--012.006 Pondfront Parcel = 25.5 Acres (***PICTURED***)

IN THE HAMPTONS:
Sold @ $12,200,000
257 Further Lane, EastHampton
0300-189.00-03-007.002 Parcel = 3.4 Acres
Sold @ $15,025,000
89 Day Lily Lane, SagHarbor
0900-038.00-02-006.006 Parcel = 5.2 Acres
Sold @ $21,000,000
38, 70, + 74 Spinny Road, East Quogue
0900-250.00-03-001.000 Parcel = 78 Acres
Sold @ $24,000,000
1050 Meadow Lane, Southampton
0904-023.00-02-004.000 Oceanfront Parcel = 2.6 Acres (***PICTURED***)









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