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Real Estate Showcase - Hamptons & East End

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HOLLYWOOD HILL

While some homes are good for entertaining, this 25,000sf estate overlooking Georgica Pond in Wainscott is phenomenal. (NBC’s Jane Hanson recently featured it on an episode called “Castles”.) In addition to 8 BR suites and 11+ bths, the house boasts a 122-seat screening room complete with concession stand. “It’s even better than a movie theater,” says Beate Moore, the property’s agent at Sotheby’s International Realty.

More than five bucolic acres provide a magical backdrop to this grand home; the magnificent hillside leading from the house down to Georgica Pond is covered with daffodils in spring. This property has frequently been the setting of parties for entertainment industry people. Among the notable attendees: Madonna, Sandra Bullock, Jennifer Lopez…and Geena Davis, whose hilltop wedding took place here overlooking the water.

For a bit of extra pampering, you’ll have a massage room, steam room, sauna, indoor wave pool, and an outdoor gunite pool with spacious loggia. $27 million.

BEATE MOORE | 631.537.6000 EXT. 16 | SOTHEBY’S INTERNATIONAL REALTY

   
     
             

HAMPTON CLASSIC

“Sit out on the covered brick patio among the winding wisteria, and you’ll swear you’re in heaven,” says Prudential Douglas Elliman realtor Eve Combemale. Situated on 1.55 beautifully landscaped acres, well-secluded behind mature hedges, this classic shingled house in East Hampton Village was originally built in 1995. The current owners have since added a wing that includes an enormous family room with a view of the in-ground pool and poolhouse. “It’s a very family-friendly home,” says Combemale. “The owners and their two children have obviously loved every minute of it.”

The master BR suite, living room and family rooms all have fireplaces. There are 5 additional BRs, 7 bths, two powder rooms, and a lower-level recreation room and wine cellar. “One of this home’s nicest features is its location,” Combemale says. “The owners used to take these great five-mile walks all around the beautiful blocks in town. They tell me they’ll miss that the most.” $6.3 million.

EVE COMBEMALE | 631.537.5900 EXT. 159 | PRUDENTIAL DOUGLAS ELLIMAN

     
       
 
       
  GOT COMPANY?

Nice as it is to have friends and relatives visit, isn’t it that much better if you can occasionally forget they’re there? This Southampton Village home makes it a breeze. The comfortable main house has 3 BRs (the master suite has a gas fireplace), 3 bths, a family room with fireplace, dining room, kitchen with newly tiled floor and new appliances – and it’s all centrally air conditioned. Tucked behind the main house, you’ll find a lovely 2BR, 1bth cottage with kitchen, living room, wood floors and central air. “At under $2 million, this home is an unbelievable value for Southampton Village,” says Donna Oplinger of Allan Schneider Associates. “There’s even room on the property for further expansion.”

It’s a short walk to town, or a lovely bike ride to the beach… And at the end of the day, with the private outdoor shower, you never have to worry about the kids (or the guests) dragging sand into the house. $1.795 million.

DONNA OPLINGER | 631.537.3900 EXT. 39 | ALLAN SCHNEIDER ASSOCIATES.
 
     
             
“There’s a good market in the Hamptons for homes priced under $1 million, but not enough inventory,” says Peter Turino, principal broker with Brown Harris Stevens. “The rest of the market looks healthy, though we need to impress upon sellers that if a house is worth $6 million, they shouldn’t be asking $8 million. Ultimately, actual sale prices should be coming within 95 percent of the asking price.”  
 


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