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Hamptons Condominium With Historic Pedigree Sells For $2.52 Million

Michelle DiLungo

Condominium at 456 Old Town Road in Southampton. (Courtesy Photo)

A beautiful 3 bedroom, 3.5 bath condominium located at 456 Old Town Road in Southampton with ties to the former heads of Standard Oil and Atari has recently sold for $2.52 Million. The Hamptons condo, which is part of the Villas complex on Old Town Road, is located on the famed historic Murray-McDonald Compound which was once one of Southampton's largest estates. The land has always been highly coveted and was bought and sold by several notable figures including the late head of Standard Oil, Henry Rogers and former President and CEO of Atari, Raymond Kassar.

Aaron Curti of Douglas Elliman Real Estate who represented the seller explained, "The Villas have a rare pedigree, and a very rare place in the modern market here in the Hamptons. Condominiums are hard to come by on the East End, especially in the Estates Section of Southampton." Curti continued, "This is the best deal in the Hamptons - perfect for someone who wants to be close to the beach with all the contemporary bells and whistles, and all for a very good price". With entrance to the gated Villas complex, the buyer will enjoy blue stone patios and walkways, a private pool house, country kitchens and white Carrera marble and top-of-the-line appliances. Units also include gas fireplaces to keep warm during the cold Hamptons winters, central heat and air conditioning, and for some at home r&r steam showers as well as Jacuzzi tubs.

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Gary R. DePersia, Corcoran Real Estate
With over $2 billion in transactions on the East End and since 1995, Gary DePersia is consistently ranked among the top producers in the Hamptons. A year-on-year member of The Corcoran Group President’s Council, he has qualified as a national list maker since 2007. In 2008 he was Corcoran's top broker on the East End by sales volume and rental units; and ranked as the nation’s 4th top broker. In the 2017 REAL Trends & The Wall Street Journal list of America’s top real estate professionals, he was designated #26 nationally, #4 in the Hamptons and #3 at Corcoran overall by volume with nearly $200 million of transactions for the past year. His office operates with four licensed assistants allowing him to build a business stretching from Southampton to Montauk and Sagaponack to Shelter Island. gdp@corcoran.com

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