When the coronavirus pandemic struck New York City last March, many New Yorkers decided to temporarily stick it out at short-term rentals in the Hamptons. As the crisis continued and it became clear COVID was not subsiding any time soon, those tentative renters became buyers, aided by low mortgage rates and the ability to work from home. According to a report from Sotheby’s International Realty, sales activity in the Hamptons in the third quarter of last year saw a significant increase year over year at all price points as many sought more space and access to the outdoors. “It took a pandemic for folks to discover that the Hamptons is so much more than a swanky summer-only home destination,” Holly Hodder, an agent managing East End listings for Sotheby’s International Realty, said. “Thousands of people who have settled here for hundred-plus years as full-time residents know that anyone can find an affordable level.”
The 42+ acre Jule Pond Road Southampton estate that was built for Henry Ford II, grandson of the auto magnate, is asking $175 million; the towering ask makes the property, anchored by a 20,000-square-foot 12-bedroom home and blessed with the most ocean frontage in the Hamptons at almost a quarter mile long, the most expensive listing in not only the Hamptons but all of New York state, according to Mansion Global.
Food Network star and cookbook author Rachael Ray has put her Southampton home on the market for $4.9 million. According to the Wall Street Journal, the 3,650-square foot home sits on six acres and includes three bedrooms, state of the art kitchen and a pool with a pool house. Ray and her husband, John Cusimano, paid $2.6 million for the home in 2008. The couple thoroughly renovated the pad after buying it, filling it with the star’s own furniture brand. The home connects to the Southampton Golf Club, providing plenty of trees and beautiful gardens.
We can’t imagine he’ll be having any public outbursts over the $7 million profit he just made on his Southampton estate. The Observer reports that confrontational tennis legend John McEnroe, along with his wife, musician Patty Smyth, has sold his beach-front house for $11.25 million, 18 years after buying it for $4.2 million. Not surprisingly, the home on Squabble Lane (how’s that for ironic?) has a full-size Har-Tru tennis court and a gym, as well as a heated pool, private beach access, and the 8,000-square-foot mansion.
On Monday, 6sqft reported that “Today” anchor Matt Lauer had scooped up Richard Gere‘s Hamptons estate for an impressive $36 million. He’s wasted no time trying to unload his other properties on the island, as the Post reveals today that his Southampton beach cottage has hit the market for $4 million. Located at 67 Scotts Landing Road, the charming waterfront home sits on .75 acres within a community “where houses are generally passed on to the next generation,” according to the listing. This exclusive neighborhood offers tennis courts and access to a bay beach with a pavilion that puts on events.
Back in 2004, a client with a taste for traveling approached CWB Architects to design a beach house with a distinctly Asian flavor, styled after houses he’d seen in Thailand and Japan. The result is this stunning, appropriately-dubbed ‘Thai Style Southampton’ home, which stands on stilts above a wetland. In addition to verandas, pointed gable roofs and Mahogany interiors, the charming home features a splendid view out to the Atlantic Ocean.
OBRA Architects’ Centrifugal Villa is not your average wooden family home. Located on a five-acre site in Southampton, it overlooks a pristine agricultural reserve framing the green landscape through its many all-around windows. Its name comes from its original circular layout, which in the architects’ own words, is “arranged around a hollow center, as if the heart of the house had somehow fallen outside its body.”