Categories: North Salem

Charming, Characterful, Crazy-Expensive Estate on Gin Lane | North Salem Real Estate

 

328 Gin Lane, Southampton
26 images

Yesterday we posted that a “a historic oceanfront carriage house” on Gin Lane was about to hit the market, and now here it is! Supposedly the old mansion for which it was the carriage house washed away in a hurricane. The 2.64 acre property is extremely charming in every way, with mature trees, statuary, an oceanside gazebo, pool and tennis court. The house is just as lovely—the only issue is its diminutive size: 2500sf. There are four bedrooms and 2.5 baths. Someone paying forty million dollars is going to want a larger house, almost certainly. Price is the other issue: as we pointed out, a buyer could have purchased the much-larger Squabble Lane property for the same amount (although that’s now in contract).

 

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http://hamptons.curbed.com/archives/2014/11/07/charming_characterful_crazyexpensive_estate_on_gin_lane.php

 

Robert Paul

Robert is a realtor in Bedford NY. He has been successfully working with buyers and sellers for years. His local area of expertise includes Bedford, Pound Ridge, Armonk, Lewisboro, Chappaqua and Katonah. When you have a local real estate question please call 914-325-5758.

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