Town & Country’s annual Top 10 Most Expensive Sales for 2010 demonstrates a strengthening elite market. Our 2009 Top 10 Report showed that the high end took a hiatus as a result of the Great Recession. 2010 is not yet at 2007 levels — the highest of the market for high end sales. Interestingly 7 of the top 10 sales occurred in the second half of 2010. This activity is confirmed in Town & Country’s Quarterly Reports at 1TownandCountry.com/reports. Sagaponack held the top spot at $43.5M for 239 Gibson Lane back in May. The following 3 were all East Hampton sales. As sales activity continues to build momentum we should see 2011 reports show both increases in the Number of Sales and Total Home Sales Volume.
To view all Quarterly Reports go to 1TownandCountry.com and click “Reports”.
Top 10 Most Expensive 2010 Hamptons Sales1. 239 Gibson Lane - Sagaponack $43,500,000 Joanne D Brown to Dama LLC 2. 86 Lily Pond Lane - East Hampton $25,500,000 Carol Ann Morgan to ELJA LLC 3. 2 Tyson Lane - East Hampton $22,875,000 Jack & Jane Rivkin to MTSTL LLC 4. 12 Tyson Lane - East Hampton $19,256,000 Hills LLC to Menzel LLC 5. 229 Quimby Lane - Bridgehampton $16,200,000 Arch W Cummin to 229 Quimby Lane LLC 6. 500 Ox Pasture Road - Southampton $16,000,000 Estate of Howard Gittis to Westerly LLC 7. 55 Dune Road - Bridgehampton $14,250,000 Olivers Company 2 LLC to Sea Glass Ventures LLC 8. 129 Halsey Neck Lane - Southampton $14,208,000 Anne Eisenhower to FKA Claverack LLC 9. 102 Lily Pond Lane - East Hampton $14,000,000 Kathleen M Doyle Trust to 102 Lily Pond LLC 10. 16 Association Road - Wainscott $13,750,000 Mary & Elliot Ogden to Salt Parks LLC
Top 10 Most Expensive 2010 North Fork & Shelter Island Sales1. 29 Nostrand Parkway - Shelter Island $6,500,000 James McMillen to Deerwater LLC 2. 65 Tuthill Drive - Shelter Island Heights $3,450,000 Estate of Willard G Kluge to Kevin & Mariann Simms 3. 228 Chocomount Beach Road - Fishers Island $3,030,000 Leslie B Barclay to N Alexander Saint-Amand 4. 18 Stearns Point Road - Shelter Island $3,000,000 Darrin & Susan Elaine Binder to Charlotte Wray & Franklin Cerasoli 5. 1652 Bridge Lane - Cutchogue $2,990,000 Mildred & Walter Silbernagel to Kimberly L Reece & William D Murphy 6. 2427 Isabella Beach Road - Fishers Island $2,975,000 Lisa K Howlett to Anne R Bunting 7. 350 Paddock Way - Mattituck $2,770,000 Leonard & Sandra O'Connor to Marc & Shari Weissbach 8. 3490 Vanston Road - Cutchogue $2,725,000 Estate of Madeleine R Collins to Four S Properties LLC 9. 4380 Paradise Point Road - Southold $2,640,000 Andrea & Steven Koyler to Douglas & Ellen Ciampa 10. 1350 Paradise Point Road - Southold $2,400,000 Ann Oddy Smith to Andrea & Steven Kolyer