Record Setter | At the beginning of the summer, Joanne Corzine’s oceanfront residence in Sagaponack was sold for a record-breaking $43.5 million, paving the way for a healthy season in real estate.
By The Sea | Among the rare oceanfront parcels currently available is the 18-acre, Arrowhead Farm, whose owners recently reduced the asking price from $72 million to $57 million. Dana Trotter of Sotheby’s International Realty, (631) 537-6000.
Bridgehampton Beauty | Dana Trotter of Sotheby’s International Realty sold this new 4,000-square-foot oceanfront modern Bridgehampton home for $14.25 million, its original asking price. Trotter says realistic pricing is a must in a market where buyers are educated and inventory is high.
Spec-tacular | Chris Burnside of Brown Harris Stevens has seen increased interest in the new- construction market, motivating him to build a Bridgehampton spec home of his own. In the meantime, he’s listing this new 6,300-square-foot gambrel cottage in Water Mill for $5.99 million. (631) 537-4320.
This article appears in the December 2010 issue of Cottages & Gardens.