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Multimillion dollar homes in Sagaponack

Two multimillion-dollar, Michael Davis-built homes in Sagaponack have sold within a week, according to both the Long Island Real Estate Report and the builder.

The first, at 243 Hedges Lane, sold May 19 for $19.25 million. The eight-bedroom, eight-bath, three half-bath English country home on 2.3 acres had been listed for $19.5 million, says Davis, whose Michael Davis Design and Construction company is based in Sagaponack. The house has a master suite with a fireplace, a roof deck and a bathroom with radiant heat, a steam shower and his-and-hers walk-in closets. There's also an elevator, a gym, sauna and steam room, a 3-D home theater, a restored 1840s guest cottage, a saltwater pool and a pool house.

The second home, at 232 Parsonage Lane, sold May 20 for $22.5 million. It had been listed for $24.95 million. The English farmhouse, on 7.5 acres, has eight bedrooms, a redone 250-year-old barn, a carriage house, a pool, a pool house with spa and a tennis court. The house also has green features, such as geothermal heating and air-conditioning, and solar panels.

The homes sold to limited liability companies, and Davis would not reveal who the actual buyers are. -- VALERIE KELLOGG


A historic estate in Southampton recently sold for $8 million, according to the Long Island Real Estate Report. The classic gambrel-style Colonial was built at the turn of the 19th century for S.E. Tillman, a military figure from West Point. Listed on the National Register of Historic Places, the home has eight bedrooms, six bathrooms and sits on 3.3 acres in one of the most sought-after neighborhoods in Southampton.


Summer Hill, a 7-acre estate in Lattingtown built in 1913 and designed by architect Stanford White, has just sold for $3.2 million. The three-story, 11,000-square-foot Colonial originally hit the market in late 2010 for $5.25 million. Over the years, the home was host to many commercials, photo shoots and even a made-for-television NBC movie. -- CATHY MAHON

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