A beachfront property in the Hamptons, New York’s Tony Beach community, closed on Tuesday for $25 million.
Located in the hamlet of Bridgehampton, New York, the five-bedroom, five-bathroom mansion sits on over one acre of land. It first went on sale in April for just under $27 million, and also boasts a private boardwalk that leads to about 125 feet of prime beach, according to a Bespoke Real Estate listing.
Records of the sale are not yet available and Mansion Global was unable to identify the purchaser.
The 4,000-square-foot contemporary home “has vast walls of glass. [that] It seamlessly connects the indoors and out, with ocean views from almost every room,” Listing said. “Generous spaces are defined by natural materials and finishes that have a modern yet sophisticated feel.”
According to the listing, this three-story house has an entrance, and the ground floor has a living room and guest wing. Upstairs is the living and dining room, kitchen and his two bedrooms. There are also several ocean-view terraces.
The primary bedroom suite is located on the top floor and features a sitting area, private terrace with ocean views, bathroom with bathtub, separate shower and two vanities.
Outside there is a heated pool with an outdoor shower. The home is surrounded by mature landscaping.
The property last sold for $11.685 million in 2007, according to PropertyShark records. The seller could not be reached for comment.
Overall, the Hamptons market remains strong despite economic turmoil and geopolitical uncertainty. In fact, according to Cody Vichinsky, co-founder of Bespoke Real Estate, “the market is at a peak performance level.”
“From 2015 to 2021, sales averaged $1.4 billion,” he said in an email. “We are only halfway through 2022, but the Hamptons have a handful of $10 million-plus deals behind them. We expect to see 30 to 40 deals above average turnover for the year.”
real Initial sales report.