Friday, November 7, 2008

{home: Ox Pasture Estate, Southampton, NY}

A smile inevitably creeps up on me when I let my mind drift off to the Hamptons. There is no purer or committed real estate love for me. Everyone knows that Gin Lane is the real deal in luxury addresses. Here's a classic that is currently on the market for $67.5 million.


Apparently lightning can strike twice, or at least as far as the price point on Hamptons real estate. For anyone who missed the opportunity to buy the $65 million spread on Gin Lane this spring, a pedigreed Ox Pasture estate “Linden” hits the market at $67.5 million.


Tim Davis of Corcoran who has the exclusive listing along with Felicitas Kohl who describes the property as “like having your own resort.” The 25,000 square-foot 12 bedroom, 14 full and 4 half bath house sits on 9 acres in Southampton Village where recessions need not apply. Forget pesky things like traffic; you can fly into the village helipad. Even Marders can’t accomplish landscaping like this with centuries old trees and mature rose gardens. Your five star resort comes with an outdoor and indoor pool, grass tennis court, paddle court, fitness room, carriage house, and wine cellar (wine not included). And just as everything old can be new again, the house originally constructed in 1902 has undergone a major 3-year renovation to update it to its youthful self with modern amenities.

It has often been rumored that listing agents have a great deal of power over who ultimately gets these prized homes. A few high-end agents who felt their “price is no object” clients didn’t get a fair shake at the Gin Lane property may be redeemed with the chance to win this trophy home. Ironically, although the architect, Grosvenor Atterbury, was known for designing lavish weekend homes for wealthy industrialists when he was at McKim, Mead & White, he is most famous for developing a construction method using standard pre-cast panels, the start of the pre-fab movement.


With the value of the US dollar plummeting and Wall Street more moody than a woman with PMS, the question for this estate might be, “How much is that in Euros?”

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