$20 Million Hamptons Spread Comes Complete With Buildable Lot Next Door—and the Promise of Creating a True ‘Legacy’

[ad_1] It is not each day that you simply come throughout a pristine, buildable lot within the Hamptons—and it's even rarer to search out such a parcel being bought alongside an present legacy compound that sits mere minutes from the ocean.

But that's precisely what has come to market in Bridgehampton, NY, within the type of a sprawling $20 million mansion on a 2.5-acre subdivided compound that's ripe for a purchaser searching for to construct a private slice of historical past within the tony Lengthy Island neighborhood.

Situated lower than a mile from the Atlantic Ocean, 19 and 33 Bridgefield Street is one in all Bridgehampton's most treasured legacy properties, providing a uncommon mixture of luxurious, allure, and long-term potential that makes it a great generational funding.

A turnkey trip dwelling this property will not be—neither is it supposed as a fast fix-and-flip. However for these searching for to ascertain themselves as one of many Hamptons' most vital householders, the property is providing a uncommon alternative to take action.

"For these searching for an property that may evolve gracefully throughout generations, this property stands aside," the itemizing notes.

A unprecedented legacy compound has hit the market in Bridgehampton, NY, with an asking value of $20 million. (Realtor.com) On the coronary heart of the two.5-acre parcel is a sprawling dwelling that was initially in-built 1985. (Realtor.com) Anchoring the property is a gracious, six-bedroom residence in-built 1985, outlined by its double-height nice room, the place floor-to-ceiling home windows overlook fantastically landscaped gardens and the adjoining open land.

Three residing rooms, a proper eating room, and an eat-in kitchen contribute to the property’s traditional property really feel, providing ample area for big households—and their associates—to spend time collectively.

Although it's situated within the Hamptons, the dwelling is harking back to the Kennedy household's iconic Hyannis Port property—or the Bush household's Kennebunkport unfold, each of that are revered as being amongst America's most interesting legacy properties.

Whereas this property could not presently be within the palms of a political dynasty, it is able to welcome a household of comparable status, or at the very least one which needs to create a long-lasting affect on the native space.

On paper, the Kennedys and the Bushes can be very a lot at dwelling on the property, which has neighboring land preserved on one facet and solely a single residence on the opposite. Consequently, the setting feels unusually personal for such a central location.

“This property is correct off Ocean Street—which is the highway that connects the village to the ocean,” says itemizing agent Angela Boyer-Stump, of Sotheby's Worldwide Realty Hamptons. “Being simply off that highway makes it a extremely sought-after location.”

Past its proximity to the very best of Bridgehampton, the property additionally presents a wide range of compelling indoor-outdoor residing areas.

The dwelling has been meticulously maintained. (Realtor.com) There are six bedrooms inside the present residence. (Realtor.com) The property is dated, however in lovely situation. (Realtor.com) “What actually appears to resonate with patrons is how seamlessly the house lives each indoors and out,” says Boyer-Stump. “It comes with this expansive outside area that permits for privateness, recreation, and future flexibility, which is more and more vital right now.”

Monumental home windows in the principle residing space assist to show the gorgeous grounds surrounding the house into a real murals, whereas the sound of waves within the distance creates a real feeling of serenity.

The grounds are designed with each recreation and rest in thoughts. A swimming pool and full-size tennis courtroom anchor the outside choices, whereas open lawns and mature plantings present ample area for entertaining or quiet retreat.

“The stream between the principle residing areas and the outside areas makes the house really feel bigger and extra linked to its environment,” Boyer-Stump provides. “The truth that it’s two tons is particularly interesting for patrons who envision internet hosting household and associates throughout generations.”

Architecturally, the residence is thoughtfully positioned to take full benefit of the land, whereas nonetheless permitting the 2 separate parcels to perform independently.

“Probably the most compelling points of this property is that it’s not only a dwelling, however a long-term imaginative and prescient,” Boyer-Stump says.

Whereas the house itself has not undergone main beauty renovations lately, the true potential lies in what comes subsequent.

“Fairly than being restricted by current renovations, patrons are given a clean canvas paired with substantial land worth—an more and more scarce mixture in right now’s market.”