Tracking the biggest sales in the Hamptons is no small feat. The area has seen a post-lockdown boom thanks to the pandemic, as well-heeled New Yorkers have fled the city. So many new buyers flocked to the area, in fact, that they poached future sales, exhausting the supply of available homes. This, in turn, sparked bidding wars that pushed prices to new highs.
The top 10 deals totaled $607 million, about 35% more than last year. Below are the Hamptons’ biggest sales of 2021, as of Dec. 6.
90 Jule Pond Drive | $105 million
Sellers at the former estate of Henry Ford II aimed to write Hamptons history. They listed the Water Mill home at $175 million, well above the Hamptons record of $147 million for a residential sale. The 20,000 square foot home closed $70 million below its original asking price and $40 million below its final price.
Still, at $105 million, the deal was the biggest of the year. The home features 12 bedrooms and 12 bathrooms as well as tennis and basketball courts, access to three ponds, and other amenities. Zachary Vichinsky of Bespoke Real Estate, Ellen Stern of William Pitt and Julia Fee of Sotheby’s International Realty had the list.
75 West End Avenue | $85 million
The selling price of the eight-and-a-half-acre estate that belonged to fashion mogul Calvin Klein was a huge jump from the $3.6 million he paid in 1987 to buy the property from the Pan founder’s son. American World Airways, Juan Trippe. The East Hampton home is 10,176 square feet and includes a swimming pool and boathouse that Klein and his ex-wife added during their time there.
840 Meadow Alley | $70 million
This Southampton property sits on eight acres, spans 22,000 square feet, and features 15 bedrooms, 500 feet of beachfront, a swimming pool, and tennis court. Tim Davis of the band Corcoran had the list.
With an exclusive address like Meadow Lane, it’s no surprise the house made it into the top three. Other trophy homes on the Strip include 700 Meadow Lane, which at $175 million is one of the most expensive listings in the United States.
30 Spaeth Lane | $60 million
The most expensive home sold at the start of the year, this eight-acre East Hampton property closed in March after a few price cuts. With a gross area of 15,421 square feet, it has six bedrooms and five bathrooms. Its previous owner was Life Savers heiress June Noble Smith Larkin Gibson, who died aged 98 last year. Peter Turino and Chistopher Burnside of Brown Harris Stevens were the listing agents.
70 other way | $59 million
A few lanes down, this East Hampton mansion was sold in an off-market sale that ended in February. Rumor has it that the seller was Jim Chanos, owner of Kynikos Associates and also known as “Darth Vader of Wall Street”. The estate, which spans three acres, includes a tennis and basketball court, but its value is all about the ocean. Hedgerow Exclusive Properties represented the buyer and Peter Turino of Brown Harris Stevens represented the seller.
442 other way | $55 million
This East Hampton home sold above its $53 million asking price — unusual in this price range — when it closed in December. The house, which is on the same street as those belonging to Jerry Seinfield and Lorne Michaels, was recovered in less than a month, the New York Post reported. The 6,100 square foot home sits on four acres. Hedgerow Exclusive Properties represented the seller and Catherine Juracich of Douglas Elliman represented the buyer.
38 Mathews Road | $47 million
Sellers in this area may not have gotten as much as they wanted, but still managed to land a nice amount of change. The 25-acre estate, which was listed for $95 million five years ago, had seen its price halved when the sale closed in April. The seller of the 18,000 square foot Wainscott Residence was the Stewart J. Rahr Foundation, whose founder transferred ownership to the charity in 2015. Bespoke Real Estate represented the seller and Compass represented the buyer.
115 beach walkway | $45 million
Another boon for Bespoke Real Estate, the sale of this 11,000 square foot mansion in Wainscott closed in November. The house is rumored to be a filming location for HBO’s hit series Succession. Braked. The 72-foot swimming pool is among its best features. Bespoke Real Estate had the listing.
40, alley of the meadows | $43 million
In another major sale on the illustrious Meadow Lane, New England Patriots owner Robert Kraft secured the home in a $43 million off-market deal in April. The house, which belonged to former HFZ Capital executive Nir Meir, was previously embroiled in a dispute between Meir, development company founder Ziel Feldman and HFZ creditors. Hedgerow Exclusive Properties had the listing.
260/264 Lane Jobs | $38 million
Not much is known about this off-market deal. The combined property sits on almost 5 acres and has eight bedrooms and 10 bathrooms. Spanning 11,000 square feet, it also features a pool, media room, private dock, 200 feet of Swans Creek frontage, and views of Mecox Bay and the Atlantic. Atlantic Ocean. Hedgerow Exclusive Properties had the listing.