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$29,950,000   Price Analysis
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409/369 Montauk Hwy
Southampton, NY 11968
12 bed 13 bath 12,601 SqFt ($2376/SqFt)
28.4 acre lot. Built 1912
Listed 2024-04-28
Ⓧ USDA Ineligible
due to price & location

near Southampton

The legendary Atterbury Estate in prestigious Southampton

Pristine York, has finally come on the market after decades. This is a once-in-a-generation opportunity to create a legacy estate compound on 30 acres in the hills near the sea. Tucked away in Shinnecock Hills, which is part of the Hamptons summer resort enclave of Long Island's South Fork, the 30-acre estate is comprised of 2 parcels: a 14.68 acre southwest parcel which includes a stately bespoke residence with provenance back to circa 1912 and an historic carriage house as well as a garage, greenhouse, pool, pool house and tennis court. The 15.18 acre southeast parcel consists of rolling, wooded raw land. Many subdivision possibilities exist for one or both parcels. On entering the impressive gates of this palatial estate, one is intrigued by the winding driveway through the Shangri-la setting until you reach the cobblestone entry through a port cochere unveiling the sensation al, fully renovated 12-bed, 10-bath, 12, 601 sq ft historic residence set atop the hillside built by the famed turn-of-the-century Grosvenor Atterbury, one of the most influential architects, town planners and inventors of the first half of the twentieth century whose style has a sophisticated and enduring elegance. The cobblestoned inner sanctum driveway encircles a Venetian fountain overlooking the expansive park-like grounds designed by Fredrick Olmsted, the father of American Landscape architecture best known for designing the grounds of New York City's Central Park and the U.S. Capitol in Washington, D.C.

The-world class professionally maintained landscaping has a wide variety of exquisite specimen trees and plants. Watch spectacular sunsets from the lounge area overlooking the serene rolling hills or take to the jogging trails around the entire perimeter of the 30 acres. A stately stucco faade with graceful lines is a hallmark of the exterior and the traditional ambience continues beyond the front door. The grand entry is flanked by the sun-drenched formal living room, dining room and study each warmed by custom limestone and marble fireplaces. Renovated to the highest level of design and craftsmanship, classic details abound throughout the residence, from intricate custom trim and crown molding, handsome walnut hardwood floors with mahogany ribboned trim, Venetian plaster 12 interior walls, to custom insulated glass windows and doors that admit glorious natural light throughout. A roomy eat-in kitchen and butler's pantry have been appointed with top-of-the-line stainless-steel appliances. The adjacent family room flows beautifully out to a breezy al-fresco outdoor dining area with a koi pond. The luxurious primary suite includes a sitting area with glorious water views of shimmering Shinnecock Bay warmed by one of the home's 5 fireplaces and an airy onyx spa bath with Lefroy Brooks fixtures and a sauna. Five of the delightful guest bedrooms are secluded in a separate guest wing tower connected via a portico with a 3-stop elevator to the look-out terrace, a 10-seat movie theater room with fiber-optic ceiling lighting and a separate 2-bedroom apartment with kitchen. Luxury high-end amenities include geothermal and 6-zone heating and cooling systems, radiant floor heating, central station alarm systems and an elaborate audio/visual system with built-in iPod wall docking stations. Located 4 miles to the Beach, 3.5 miles to Southampton Village's shopping and fine dining, 28 miles to the famed world-class Sebonack Golf Club and 89 miles to Manhattan. Those seeking privacy, exclusivity and the wide-open spaces of a grand estate with the flexibility to subdivide and develop will find this an extraordinary gold-standard investment opportunity in the Hmptons. An opportunity this rare will not last.


Presented by Christina Galesi at
Sotheby's International Realty - Southampton Brokerage.
Listing Agent Photo

Property MLS #85eca424-75ff-4bea-8a1d-a59562bb4de8 from Sothebys International Realty

Bedrooms: 12

Total Bathrooms: 13
Full Bathrooms: 10
1/2 Bathrooms: 3

Dishwasher

Cooling Features: Central A/C
Number of Fireplaces: 4

Flooring: Hardwood

Guest House

Water Features: Ocean

Pool Features: Pool, Inground

Lot Size Acres: 28.4
Lot Size Square Feet: 1237104

View: Water, Ocean

Tennis Courts
Community Features: Tennis

Source Listing Status: Active
County: Suffolk County
Current Use: Other Residential
Source Property Type: Residential
Source Neighborhood: Southampton
Postal City: Southampton
Property Location: Ocean / Beach
Property Features: Rooms:Guest Suite, Rooms:Media Room / Home Theater, Rooms:Library, Lifestyles:Waterfront
Source System Name: C2C

Listed 2024-04-28
$29,950,000
Sothebys International Realty

Total Square Feet Living: 12601
Year Built: 1912
Building Area Total: 12601
Building Area Units: Square Feet
Property Age: 112
House Style: Other Style
Prewar: Yes

Tuckahoe School is a public elementary and middle school located approximately 2.4 miles away.
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Southampton Montessori School is a private elementary school located approximately 1.5 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.