REVVED UP. For your $8.9 million, there’s almost nothing you couldn’t do with this 37-acre country estate in Mattituck, says listing agent Donielle Cardinale of Daniel Gale Sotheby’s International Realty: “All the development rights are intact,” she says. So, you could open a bed and breakfast, plant a vineyard and set up a tasting room, raise horses, collect cars in the 12-car garage -- or indulge a Motorcross hobby, she says. “They built a Motocross track, probably about five acres of the property. It’s a fairly rectangular space with big huge hills and water and all kinds of crazy stuff,” Cardinale says. “The owner could level that for someone to plant grapes. There are options,” she adds. Public records show that the property belongs to developer James Bissett III. Annual taxes are $97,895 for the property, which includes a 12-acre luxury equine facility. “They have an indoor arena and a 20-stall barn with two wash stalls, a tack room, a beautiful brick center aisle -- all the bells and whistles,” says Cardinale. The house has six bedrooms and 7½ bathrooms and indoor and outdoor pools. “Even though it’s 15,000 square feet, it’s not the kind of house you walk into and feel lost in the rooms. All the space is functional,” Cardinale says. “There’s a massage room, a gym area, the basement has ceilings so high you could put in a golf simulator and a bowling alley. You could make this anything you want it to be.”
BEARD'S BACK. Photographer Peter Beard’s five-acre compound on the Montauk peninsula is once again on the market for $26 million with Lee Minetree of Saunders & Associates. and Ed Petrie of Sotheby's International Realty. The property has been on and off the market for several years at various prices, once as high as $32 million. In 2008, Nejma Beard, who has shared the estate with her husband for more than 20 years, told Newsday that the couple was taking the listing private. "There is no hurry," Beard says. "I am selling through personal contacts only now, and we have quite a lot of interest. However, I only want someone who is not a developer, who will respect the environment and will not despoil it as so many buying in Montauk have done." Beard has lived in Montauk since the early 1970s; in 1981 he married supermodel Cheryl Tiegs there.
$1 MILLION CUT. The owners of this 31.56-acre historic Harris mansion in Brookville have cut their asking price by $1 million -- from $12.9 million to $11.9 million. The home is also now being listed with Bonnie Devendorf and Christina Porter of Daniel Gale Sotheby's; it had been an open listing. The estate was designed by architect Roger Bullard in 1929 for Henry Upham Harris, a partner at J. P. Morgan. It has 12 bedrooms, eight-full bathrooms, three-half-bathrooms, and includes a greenhouse, pool and even two separate guest cottages – one with three bedrooms and one with two. The property is now used as corporate headquarters for its owner Eden Tree Farm Partnership. Records show that Oliver Grace and John S. Grace are behind the entity.