http://www.SPECHAMPTON.COM/ en Copyright 2008 Thu, 25 Sep 2008 14:03:44 -0500 http://www.sixapart.com/movabletype/?v=4.0 http://blogs.law.harvard.edu/tech/rss alas let's call it a learning experience and a tax shelter ]]> http://www.SPECHAMPTON.COM//000213.php http://www.SPECHAMPTON.COM//000213.php Thu, 25 Sep 2008 14:03:44 -0500 Sag Harbor Village - The Madison St. Renovation is complete! Gorgeous! ]]> http://www.SPECHAMPTON.COM/07_renovation/000212.php http://www.SPECHAMPTON.COM/07_renovation/000212.php 07_renovation Mon, 21 May 2007 16:23:25 -0500 Did you fly away? I got an offer in the city that I couldn't refuse. Now I'll see ya on the weekends like the rest of the working stiffs! ]]> http://www.SPECHAMPTON.COM/03_news/000210.php http://www.SPECHAMPTON.COM/03_news/000210.php 03_news Sat, 07 Apr 2007 15:19:55 -0500 Hamptons Real Estate Bottoms Out Story Here. ]]> http://www.SPECHAMPTON.COM/03_news/000209.php http://www.SPECHAMPTON.COM/03_news/000209.php 03_news Thu, 15 Mar 2007 15:28:51 -0500 115 Gerard Drive, East Hampton So here comes the last entry in the "Wall St. Wishlist" before I head to mexico for the week. SO...Looking for open bay front in East Hampton? Check out the location of this property.

The Cottages

Two totally decked-out cottages. 3 beds, 2 baths, 2200 sq. ft., .44 acres.

Bath Room

See? Totally decked out. Listed at $2.1 million. Pricey for a couple of cottages? Maybe. But this is also unique and probably ideal for someone somehow. Listing with Corcoran since January.

]]> http://www.SPECHAMPTON.COM/01_deal/000208.php http://www.SPECHAMPTON.COM/01_deal/000208.php 01_deal Thu, 15 Feb 2007 11:55:20 -0500 Leroy Estate, Amagansett Can someone tell me why the 14 acre Leroy estate hasn't sold? Seems like a unique, incomparable non-waterfront setting with all of the amenities. IS it the subdivision for the rest of the land? Listing with Sothebys for $9.25 million. Been on the market at one price or another since '04. ]]> http://www.SPECHAMPTON.COM/01_deal/000207.php http://www.SPECHAMPTON.COM/01_deal/000207.php 01_deal Wed, 14 Feb 2007 12:12:12 -0500 5 Point Lane, Shelter Island So you are REALLY looking for peace and quiet in an idyllic watery setting? Try this Shelter Island contemporary on the open bay at 5 Point Lane.

Living Room View

3,000 sq. ft., 3 bed, 3 bath with full basement, fireplace, 2 car garage, and heated gunite pool on 2.26 bayfront acres. Check out that view.

Bedroom

Overlooking Hay Beach and designed by Norman Jaffe, the house also has high-end finshes and appliances. Has to be seen to be appreciated. Been on and off the market for years in the $3 million range. Listing with Corcoran for $3.15 since April '06. Maybe there is a deal to be cut here.

]]> http://www.SPECHAMPTON.COM/01_deal/000206.php http://www.SPECHAMPTON.COM/01_deal/000206.php 01_deal Tue, 13 Feb 2007 11:23:33 -0500 Southampton Estate Section You want to be in the estate section, on a pond, near the ocean, and need room for 9 cars but not tennis. Maybe you are European and want a villa and not a traditional farm house? This is a beauty.

Closer Look

Almost 9,000 sq. ft., 6 bed, 7.5 bath, big big garage, Gunite Pool and Spa. Private. Specimen trees, etc. on 2 acres. Gary Depersia has the Listing with Corcoran for $13.95 million. On the market since September. This is the kind of place that maybe someone is specifically looking for and that's why the price may hold into the selling season.

]]> http://www.SPECHAMPTON.COM/01_deal/000205.php http://www.SPECHAMPTON.COM/01_deal/000205.php 01_deal Mon, 12 Feb 2007 15:38:41 -0500 Palma Terrace - East Hampton Village This once unfashionable, regular guy street between Cedar and Newtown Lane is representative of the escalating value of East Hampton Village Homes.

31 Palma Terrace

Remember my review of 31 Palma Terrace? Ultimate glass-encased modern, 5 bed 5.5 bath, 4,600 sq. ft. including the finished basement on .38 acres. the most high end of finshes (excluding some elements in the basement). Gorgeous. Very cool house. See October 29th entry. Still on the market for $3.4m. And still the hands down winner on this street.

33 Palma Terrace

Check out the next door neighbors. 5 bed, 3.5 bath, 3,300 sq. ft. traditional built in 1960 on .38 acres with gunite pool. Asking $2.795m. Listing with Prudential since October.

7 Palma Terrace

This is a 2200 sq. ft. traditional with 4 beds, 3 baths and a fireplace buolt in 1950 on .37 acres for $1.295. Seems like you'd come out ahead with a total re-do than by buying 33 Palma. Listing with Corcoran.

46 Palma Terrace

And this farm-style home was built in 2005 seemingly on spec. It's 2500 sq. ft. 4 bed, 4 bath, a fireplace, viking stove and sub-zero fridge on .35 acres with heated gunite pool. Seems like the pick of the litter at $1.9 million although sits on the corner of Cedar (a very busy street) and Palma. Put it in the middle of the block and it's likely to fare favorably to 33 Palma even up.

Conclusion

However you slice it, this neighborhood and EHV continues to turn over towards the higher end. If 33 can sell near asking, you'd have to consider 7 an excellent buy.

]]> http://www.SPECHAMPTON.COM/01_deal/000204.php http://www.SPECHAMPTON.COM/01_deal/000204.php 01_deal Sun, 11 Feb 2007 15:17:26 -0500 71 Fox Hollow Lane, Southampton For the less fashionable neighborhoods in Southampton village between County Rd. 39 and Hill St., take a look at what's going on in East Hampton Village and feel good about your respective value. At $1.85m, this is better than anything you can find in the north-of-the-highway neighborhoods around Cedar St. in EHV.

The Porch

Stats: 2200 sq. ft. farmhouse with 3 beds, 2.5 baths, on .5 acres with heated pool, detached garage/guest house, private, landscaped, lovely. Listing with, who else, Corcoran. And listen to this, down from $3.495 million just this past May! Ha ha. You think the agenct thought they could sell at that price when signing up the client?

]]> http://www.SPECHAMPTON.COM/01_deal/000202.php http://www.SPECHAMPTON.COM/01_deal/000202.php 01_deal Sat, 10 Feb 2007 17:34:06 -0500 280 Highland Terrace, Bridgehampton Ok, so I've been reluctant to throw that dud out there for a multitude of reasons, but here is one that just seems inconceivably overpriced. It's got some nice views in sitting between farm fields and the Bridgehampton golf course, but at $9.5 million, you can do better for yourself than this 1997 house on 2.2 acres closer to 27 than the ocean.Listing with Sothebys since last May. ]]> http://www.SPECHAMPTON.COM/01_deal/000203.php http://www.SPECHAMPTON.COM/01_deal/000203.php 01_deal Fri, 09 Feb 2007 12:44:57 -0500 112 Sagaponack Rd., Bridgehampton Listed at around $3 million for the past year and a half, the market has decided that this property is not a deal. But at what price will or should it go? It's an enviable, authentic, country Victorian. Renovated with 4 beds, 2 baths, wraparound porch, central air, gunite pool and sits on a reserve south-of-thehighway. My guess is that Sagaponack rd. is a bit of a thorough fare as one of two connectors between Ocean and Sagg Main roads. Put this on a on a little side street nearby and $3 is probably attainable. Oops, upon 2nd look, looks like the owners will wait until the market heats up a little more. Now available for rent only. $75k for the season. Check out the Listing with Corcoran. ]]> http://www.SPECHAMPTON.COM/01_deal/000201.php http://www.SPECHAMPTON.COM/01_deal/000201.php 01_deal Thu, 08 Feb 2007 17:07:46 -0500 200 Rose Hill Rd., Water Mill Not many of you are looking for that full, formally furnished south-of-the- highway plantation house with pool and tennis. But for those who are, here it is. Indian slaves not included.

A nice spot for sipping mint juleps

The house is 5,500 sq. ft., 6 bed, 7.5 bath, with gunite pool and tennis court on 2.3 acres adjacent to a reserve.

Thanks for the furniture Queen Anne!

Furniture and fixtures included. So if this is your bag, head on over to Donna Oplinger at Corcoran who has the Listing for $5.95 million. A deal? I have no idea, but it's a nice house on a nice street in a nice setting and definitely unique for this neck of the woods.

]]> http://www.SPECHAMPTON.COM/01_deal/000200.php http://www.SPECHAMPTON.COM/01_deal/000200.php 01_deal Wed, 07 Feb 2007 16:22:42 -0500 Think of the Possibilities This one's been sitting out there for $2.2 million since last march. Basically, an old house and a couple of barns on 2.6 acres with beautiful farmfield vistas.

Barns and Water Tower

Someone will snap this up fast once it hits $2m. Nice street, nice setting. Listing with Jack Zito at Corcoran.

]]> http://www.SPECHAMPTON.COM/01_deal/000199.php http://www.SPECHAMPTON.COM/01_deal/000199.php 01_deal Tue, 06 Feb 2007 12:48:59 -0500 88 Mill Pond Lane, Watermill - In Contract So why am I including this 3800 sq. ft. 4 bed, 3 bath French chateau on .5 acres with a gunite pool and 128 ft. of water frontage on Mill Pond if it's already in contract?

Pretty

Because at $2.75 for a really decent house with some top-of-the-line amenities in an incredible waterfront setting that includes a nature sanctuary, sunsets and boating, this has to be some kind of benchmark deal. Down from $3.5 this past July. Listing with Megan Darby at corcoran.

]]> http://www.SPECHAMPTON.COM/01_deal/000198.php http://www.SPECHAMPTON.COM/01_deal/000198.php 01_deal Mon, 05 Feb 2007 14:36:57 -0500