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That was fast! This large property, consisting of 12 and 15 West Dune Lane, East Hampton, was listed in mid-August for $75 million. It was reportedly in contract by mid-September, and it closed October 1. 15 West Dune Lane sold to a Mr. 15 West Dune LLC for $61 million; while 12 West Dune sold to 12 West Dune LLC (what are the odds?) for $6 million. That’s $67 million for both, but even if you’re a stickler who counts different parcels as different sales, $61 million is a new record for 2020.
The property is technically not oceanfront, we guess, because Wiborg Beach is owned by the Village of East Hampton, but hey, close enough.
So what did the buyer get for their 67 large? 3.4 acres in toto, along with an 8,000-square-foot house designed by architect Robert A.M. Stern and a 6,000-square-foot house just north of it. The houses boast 14 bedrooms and 15 bathrooms. The interiors of the main house are extremely chintzy and, yes, we mean that literally. Will the buyer keep the gambreled Stern house or build a giant glass box? We’ll be interested to see.
Congrats to Ed Petrie at Compass, who represented the buyer.
- 15 West Dune Lane [Compass]
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