A Trip Down Memory Lanes



This 14,000-square-foot, Grosvenor Atterbury–designed manor, listed for $17.995 million, has just been sold to entrepreneur Michael Bruno.

Depending on whom you ask, it’s both the best and the worst of times for Hamptons real estate. Yes, there’s certainly everything before us, but we had better be careful to preserve it before, as Dickens might have said, we have nothing before us.

Take Coopers Neck Lane in Southampton and Daniels Lane in Sagaponack. Coopers Neck, seven-tenths of a mile long and home to some of the most elite (a.k.a. “old money”) addresses in the nation, has median home values of $11.872 million and was recently named the eighth most expensive street in the country by Zillow. Daniels, approximately twice as lengthy, at 1.5 miles long, currently has a handful of active listings ranging from just under $7 million to $17 million. Extensive construction projects have locals worried that the road is in danger of losing its bucolic allure to overdevelopment.

This 14,000-square-foot, Grosvenor Atterbury–designed manor, listed for $17.995 million, has just been sold to entrepreneur Michael Bruno.

Unlike splashier Daniels, old-world charm still rules on Coopers Neck, which is bookmarked by Coopers Neck and Halsey Neck ponds and the Atlantic Ocean. If you’re a history buff, you’ve just missed your chance to own 199 Coopers Neck Lane, a three-story mansion built by architect Grosvenor Atterbury at the turn of the 20th century, which was listed for $17.995 million with Harald Grant, an associate broker at Sotheby’s, and has just been sold to entrepreneur Michael Bruno, the founder of 1stdibs and the brand-new app HousePad. The 14,000-square-foot manor, decorated by Mark Hampton, sits on three acres and has 11 bedrooms, 13 baths, nine fireplaces, and a pool and pool house. The property is “the epitome of old-time class” for both its architecture and location, Grant says. “It’s what you dream of when you imagine what Southampton was like a hundred years ago.”

This 14,000-square-foot, Grosvenor Atterbury–designed manor, listed for $17.995 million, has just been sold to entrepreneur Michael Bruno.

By comparison, the fabled potato farms along Daniels Lane have been replaced largely by state-of-the-art architecture, paid for by much newer money. The owners of an 18.7-acre parcel, the biggest undeveloped property in the Village of Sagaponack, recently brought plans before the Architectural and Historic Review Board with a proposal for a 12,000-square-foot upside-down house with wall-to-wall glass windows throughout, a man-made pond created from pumped-out groundwater from the existing water table, basketball and tennis courts, and a sculpture garden. (Preliminary plans allowing for a single-family residence on the site were approved by the Sagaponack Village Board of Trustees earlier this year.) Eight acres of the former farmland will remain undeveloped. The property sold for $38 million in 2011 to Stem Partners, a company affiliated with Goldman Sachs. Additional renderings were presented and approved at a meeting held in late June.

This oceanfront home on Potato Road, just off Daniels Lane in Sagaponack, is listed for $16.995 million.

The teeny village issued a whopping 172 building permits in 2014, a number that’s expected to rise more than five percent by the end of the year. If you want to purchase your own slice of beachfront paradise along Daniels Lane, 1.4 acres are up for grabs at 1 Potato Road, a private lane that runs between Daniels and the ocean. The $16.995 million oceanfront property sits on .88 elevated acres and comes with a 4,000-square-foot modern built in 2003 with four bedrooms, four and a half baths, pool, hot tub, and fireplace. “This house is perched on high to take advantage of the sweeping ocean views,” says Brown Harris Stevens agent Mary Ann Cinelli, who has the listing. “The way the pool is sited and its proximity to the ocean can never be duplicated again.”

A version of this article appeared in the August 1 2015 issue of San Francisco Cottages & Gardens with the headline: Deeds and Don'ts: Stable Investments.

 

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Property of Note: 52 Barn Lane

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33 Crooked Mile Road, Darien, CT
Magnificent blend of classic Connecticut craftsmanship and style with the ease of contemporary living, filled with natural light and modern flow. Each space has been designed with exquisite attention to detail, from the intimate paneled library to the luxurious master bathroom with heated glass mosaic floor and elegant soaking tub. Set on a private cul-de-sac with a pool surrounded by beautiful gardens, enjoy privacy and serenity in a park-like setting only 5-minutes from Darien town and train.



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20 Juniper Road, Darien, CT
One of the largest waterfront properties in Darien. Magnificent 11-room estate on 7.1 private acres looking south to Long Island Sound and north to Goodwives River and Rings End Bridge. The 8,300 sq.ft. home includes: great room with 12’ ceilings and 2 limestone fireplaces, gourmet kitchen with breakfast room, family room with stone fireplace. 10 sets of French doors to expansive flagstone terrace. 5 en-suite bedrooms with water views, 8 bathrooms, full basement with billiard room, astroturf play room, workshop. Includes a pool/spa, outdoor shower and dock and more!



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29 Barn Lane, Bridgehampton
Beautiful 6-bedroom, 6-bathroom home conveniently located between Bridgehampton and Sag Harbor. This 6,400 SF Dutch Gambrel home is the perfect place to relax or host family and friends this summer. 10’ – 11’ ceilings throughout main level including a designer kitchen featuring breathtaking stonework with Sub-Zero, Wolf and Miele appliances. The master suite showcases a luxurious bathroom. Finished lower level, upgraded construction features, and integrated concierge services by Chaloners make Barn and Vine the easiest home for you.

Barn and Vine

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Unprecedented Compound, East Hampton NY
Featured in the Wall Street Journal Mansion section and the New York Post, this luxurious 23-acre compound minutes from East Hampton Village includes an approx. 18,000-sq.ft., 12+ bedroom main house, chic 6-bedroom former carriage house, and charming horse stables with paddocks and riding fields. The Cotswold-inspired main house with heated gunite pool, oversized spa, pool house, and hard-court tennis is framed by stone courtyards, covered arbors, and idyllic gardens.



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265 Thimble Island Road
Lifestyle & Luxury meet the sea in this 4 bedroom waterfront home with panoramic views of the Thimble Islands. This home embraces it’s surrounding & is the epitome of seaside elegance. The interior is caressed with charm & character. The walls of windows bring in the light of illuminating ocean sunrises & by evening the interior space is filled with picturesque evening sunsets. The lush side courtyard & wrap around deck both take on spectacular water views making this home the envy of the most rich & famous.

265 Thimble Island Road

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11 Musket Ridge Road, Wilton CT
Perched at the top of a roaring Silvermine River waterfall on almost 4 acres, the property spreads out into Wilton and New Canaan. Every inch of this home has been perfected to capture the timeless appeal of the river while exuding ultimate refinement and good taste. The architect-designed home captures river views and sounds, and almost every room opens to one of the magnificent decks or to a private balcony.

11 Musket Ridge Road

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