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A little art with your $4.195 million Shelter Island home?

Shelter Island house for sale

Shelter Island house for sale Photo Credit: The Corcoran Group photo

While not unheard of in the posh real estate world of the Hamptons, The Corcoran Group is hosting its first East End combined open house and art exhibit this weekend. The soiree is scheduled from 4 to 7 p.m. Saturday on Shelter Island.

But first, about the home: The six-bedroom, eight-bathroom contemporary is designed by the architects behind Morris-Sato Studio in Manhattan. It was inspired by homes in Kyoto, Japan, and is murmuring sleek serenity. A swimming pool is in a courtyard created by the juxtaposition of a one-story guesthouse and the 6,000-square-foot main house. A cathedral ceiling joins the first and second floors, and the property offers a sliced waterview of Gardiners Bay.

Now about the artwork: There will be 26 pieces by the 46-year-old Spanish-born artist  Antonio Murado, whose native Galician countryside is the inspiration for much of his work. The husband-and-wife architects, Yoshiko Sato and Michael Morris, are already collectors.

The big surprise here is the property tax bill -- a mere $7,000 for this $4,195,000 home listed with Corcoran's Gary DePersia. What is saved on taxes can be sunk into some artwork, which will range from $3,000 to $18,000.

To attend the event, contact Morris Sato Studio at 212-228-2832 or e-mail studio@morrissato.com.

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