Looking for a deep dive into Hamptons real estate? BehindtheHedges.com is the premier real estate and lifestyle destination on Long Island’s fabled East End, featuring in-depth insights and exclusive content tailored to the Hamptons. Here’s a sampling of what you’ll find on Behind the Hedges.
IN HAMPTONS REAL ESTATE, THE LUXURY SECTOR ROARS BACK FOR 2017
Luxury properties ($10 million and up) are doing well according to sales data. In the second quarter of 2017, four closings occurred in the $20 million range, as compared to a big fat zero in the same sector last year. The data was released by Town & Country Real Estate yesterday. The high-end properties were located in Southampton Village, East Hampton Village, and Water Mill. The highest was 328 Gin Lane , Southampton, oceanfront listing that sold for $31 million. The second was 1510 Meadow Lane, at $24 million; also on the list was 32 Middle Lane, East Hampton, at $25 million and 1285 Flying Point Road in Water Mill at $20 million. In the $10–19.99 million range, 10 homes were sold in the quarter in 2017, as opposed to 4 in 2016. But it wasn’t all golden. Read more at BehindtheHedges.com