Real LI

Buying and selling real estate in the communities of Long Island

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The Village Latch Inn, historic Southampton hotel, hits market

The Village Latch Inn in Southampton, on the

The Village Latch Inn in Southampton, on the market with a $23 million, has played host to a number of famous guests. (Credit: Tony Calarco Photography, 2013)

What do Sarah Jessica Parker, Ethel Kennedy, Al Roker, Carly Simon, Elle McPherson, Joe Biden and Michael Kors have in common? They all have stayed at The Village Latch Inn, a historic hotel in Southampton.

After 40 years of hosting a multitude of guests, owners Marta and Martin White are selling this prime piece of real estate, which is listed for $23 million with Esther Paster of The Corcoran Group.

Located on the north side of Hill Street -- the residential fringe in Southampton -- the parklike 5.24-acre property is close to the boutiques and restaurants along Main Street as well as ocean beaches, says Paster.

There are eight buildings on the property. The main house -- a vintage white mansion with green shutters -- originally served as the grand annex of the famed Irving Hotel, which was across the street. It’s said to have been designed by architect Stanford White, though it has never been proven, Paster says.

Down to the old-fashioned door knobs, the inn displays charming details as well as fireplaces, decks and balconies. The decor is eclectic as the owners have collected artifacts from around the world. (Marta is an artist).

Because the house in not a designated historical landmark, there may be an option to convert the property into a residential development.

However, Paster says it is being marketed to become a high-end spa hotel. “We are seeing a trend in boutique hotels . . . It’s a home run,” Paster says, noting it would be a great way to attract visitors to Southampton year-round. Paster says Mayor Mark Epley recently made a presentation at the inn, where he stressed the importance of finding a buyer who will preserve the inn and make the most of its potential.

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