18.4-Acre Hamptons Luxury Estate

June 14, 2010 | Posted by bLavish as Estate of the Day at 9:18 am | Comments off

Doesn’t that water look almost too good this summer?  Well then, it’s nothing that $72 million won’t cure!

Another mega-expensive property has hit the market in New York. A prime waterfront 18.4-acre family compound and equestrian facility in Wainscott has come on the market for $72 million listed with Sotheby’s International Realty. What do you get for your money? This Hamptons sprawl consists of four parcels that have been in the same family for three centuries. There are three homes, multiple barns and a vacant building parcel. Newsday’s Real LI column reveals that one 2.7-acre parcel has a five-bedroom house  with a pool and 432 feet of frontage on Wainscott Pond with views of the ocean. That house was built in the 1920s but was recently updated. On the largest parcel, 11.7 acres, there is a house built in the 1600s with a working horse farm as well as several barn buildings and paddocks, 200 feet of pond frontage and more ocean views. The smallest chunks are a pair of 1.9-acre lots, one with a greenhouse and a cottage and the other only has horse paddocks. A house can be built on each of the parcels.