Log In   ·   Become A Member

A Look Back At The Hamptons’ Top Ten Most Expensive Real Estate Sales Of 2016

Nicole Barylski

Richard Gere's twelve-bedroom North Haven property was sold for $23,935,500. (Photos: Sotheby's and Nicole Barylski)

"Town & Country's Top 10 Most Expensive Sales Report for 2016 is the 'Year of the Great Divide'," noted Judi A. Desiderio, Town & Country Real Estate Chief Executive Officer, in the report. "More so than any other year."

The top spot went to American business magnate, producer, film studio executive, and philanthropist David Geffen's purchase of 199 Lily Pond from the Estate of Josephine Chaus for $70 million. And the 5th highest sale on the list, 26 Actors Colony Road in North Haven, was actor Richard Gere's property, which along with a main estate included two additional guest houses.

Another Lily Pond Lane property earned the second spot with its $63,800,000 sale, and after that, there was a significant price difference with the rest of the list, in regards to the top two most expensive sales. "2012 was the last time #3 was in the $20 million's. In fact, the #10 rank at $15.99 of 1225 Flying Point Road brings us back to 2010, which was the lowest ranking Top 10 with a consolidated Total Sales Volume of just under $200 million."

"The best year for high end sales was clearly 2014 with nearly $450 million changing hands in just the Top 10 Sales," noted Desiderio. "2016's total was $355,615,300."

Hamptons Top Ten Most Expensive Sales of 2016:

1. 199 Lily Pond Lane, East Hampton ($70,000,000) - Chaus Josephine to David Geffen
2. 101 Lily Pond Lane, East Hampton ($63,800,000) - Scott Bomer to Michal S. Smith
3. Squabble Lane, Southampton ($27,500,000) - Sullivan Catherine Mcd to Berger Irving, Forstmann J Anthony, etc
4. 196 Bay Lane, Water Mill ($27,250,000) - Emanuel, Elizabeth Stern to Calf Creek LLC
5. 26 Actors Colony Road, Sag Harbor ($23,935,500) - Tushita Trust to 26 Actors Colony LLC
6. 77 Ox Pasture Road, Southampton ($23,614,800) - Scott, Courtney Goldstein to Ox Pasture Properties LLC
7. 207 Highland Terrace, Southampton ($22,000,000) - Highland Terrace Realty to Hampton Highland LLC
7. 315 Rose Hill Road, Water Mill ($22,000,000) - Andrew Borrok to 315 Rose Hill Holdings LLC
7. 93 Lily Pond Lane, East Hampton ($22,000,000) - Scott Bomer to 93 Lpl LLC
8. 313 Dune Road, Bridgehampton ($19,525,000) - Jeff Blau to 313 Dune Road LLC
9. 26 West End Avenue, East Hampton ($18,000,000) - 26 EastHampton LLC to Villadom Corp
10. 1225 Flying Point Road, Water Mill ($15,990,000) - Atlantic Property, Tracy Landow to Illawarra LLC


Nicole is the Editor-in-Chief of Hamptons.com where she focuses on lifestyle, nightlife, and mixology. She grew up in the Hamptons and currently resides in Water Mill. www.hamptons.com NicoleBarylski NicoleBarylski




Related Articles:

Be the first to comment on this article. (Just fill out the form below)
 

Submit Your Comment

Please note, you are not currently logged in. Your comment will be submitted as a guest.
To submit your comment as a member, please click here.
Your Name:
Location:*
Comments:*
* Comments will be reviewed and posted in a timely fashion
* All fields are required
Question:*
Please type the word 'water'
(For spam prevention, thanks)
 
 
 
http://www.hamptons.com/gallery/ads/2117.gif
http://www.hamptons.com/gallery/ads/1824.gif
http://www.hamptons.com/gallery/ads/1979.gif
East End Tick Control
The East End's only New York State licensed dedicated tick and mosquito control specialists!

Bridgehampton National Bank
For over 100 years Bridgehampton National Bank has been the East End's hometown bank. Many success stories...one bank, BNB!

Advertise on Hamptons.com - Have your business be seen by over 2 million viewers including NEW searches
Hamptons.com- Our exclusive online magazine has 2.6 million Page Views YTD for 2015. Contact us to join our elite group of clients that benefit from having a presence on the Hamptons award winning publication www.Hamptons.com

Hamptons Carpet One Floor & Home
We pay less,and so do you.With over 1,000 stores in our buying group, we can get the lowest prices from the best flooring manufacturers — and pass the savings on to you.Visit our other locations: Hamptons Carpet One Floor & Home, 675 North Sea Road,Southampton, NY 11968

Southampton Masonry-Visiting the Southampton or the Wainscott locations is an exciting experience.
Southampton Masonry has been serving Long Island's masonry and tile needs since 1975. Delivering quality products from Manhattan to Montauk for over three decades. The company's continued success is due primarily to their number one priority: customer satisfaction, with a promise of prompt and courteous service from the professional, knowledgeable staff. Southampton Masonry has the largest inventory on the east end. As direct importers they can offer a large variety of the finest quality products at the most competitive pricing for both your interior and exterior projects.

RJD Gallery specializes in contemporary art with a focus on Magical, Figurative Realism, Narrative Portraiture and Urban Landscape.
We exhibit representational artists from around the world, who produce fine art of exceptional quality that challenge collectors to contemplate concepts about the artist, themselves, and our human experience. Utilizing timeless techniques in creating their drawings, paintings and sculptures, our artists have developed unique, signature styles that present a current vision of our world.

Hampton Luxury Liner
Hampton Luxury Liner was started in 2000 as a more luxurious way to travel from NYC to the Hamptons and back. The clientele quickly grew and over the years Hampton Luxury liner became the preferred method of transportation to the Hamptons and NYC for many living in NYC and the Hamptons that wanted a comfortable and affordable way to travel back and forth. In 2009, HLL was taken over by Classic Coach and things with the liner didn’t change to much for years and the owner there changed the buses to Prevost as opposed to Mercedes Setra Top Class Coaches that have always been a signature of the liner. Please call (631) 537-5800 to reserve a charter or email us at Hampton Luxury Liner. The Only Way to Ride!