Real estate broker Gary DePersia of The Corcoran Group sealed a new record deal for the highest price of a non-waterfront property on one-acre north of the highway with the sale of the Nathan P. Howell House in Sag Harbor for $9.75 million. Mr. DePersia represented both the buyer and the seller in the deal.
Built by whaling scion Nathan P. Howell in 1833, the Green Revival residence is located on Main Street in Sag Harbor. At the height of his wealth, in 1850 Mr. Howell enlarged and renovated the home in the Italianate style. Later in that century, Mr. Howell’s daughter inherited the residence and succeeding generations maintained the home into the 1970s.
In the last two decades the 9,000 square foot home was renovated to include four levels and six bedrooms, with eight-and-a-half bathrooms and grand parlors including 10 fireplaces, as well as a loft with a widow’s walk capturing 360-degree views of the village. The residence is situated on a full acre, with vast lawn and gardens.
“One-of-a-kind benchmarks can now be set in any market and in any area of the Hamptons,” said Mr. DePersia. “The price lines dividing north and south of the highway are blurring. This sale is every bit as pricey as a special house on one-acre in the estate sections of East Hampton and Southampton.”