Record-Breaking Home Sale in Sag Harbor

By

Recession be damned: A multi-million-dollar property in Sag Harbor Village is headed for the record books. A source says an eight-bedroom, seven-bath, “Nantucket-style cottage” asking $15.995 million is in contract and expected to close imminently. It’s practically average by Hamptons circa-2006 standards, but certainly impressive for the village; if it sells for anywhere near the asking, it will best any previous sale in the area by millions. The 8,200-square-foot house, repped by broker Tara Newman of Saunders & Associates, who was responsible for the previous village record of $6.8 million (for the Hannibal French house on Main Street), sits on approximately two acres and includes a putting green, gym, sauna, theater, and wine-tasting room “with special air filtration for cigar smokers,” for those people who don’t feel the need to spend time outdoors enjoying the 200 feet of sand fronting the bay.

Record-Breaking Home Sale in Sag Harbor