A $140 Million Dream Home in a Historic Hamptons Neighborhood Hits the Market

A historic estate in East Hampton has gone on the market with one of the highest list prices of the year. The 11.2-acre, $140 million property is occupied by two homes perched on a knoll with views from their wide back porches of Georgica Pond and the distant Atlantic Ocean. Built for a prominent New York City surgeon in 1931, the six-bedroom, 10,000-square-foot main home—named Shepard Krech House—is one of only six homes included in the Briar Patch Road Historic District.

On the National Register of Historic Places, the home is among the area’s finest Colonial Revival–style buildings. Interior spaces are finished with wide reclaimed floorboards and stenciled or tray ceilings. Other interior touches include four fireplaces, a three-story great room, and, on the ground floor, French doors opening from each room onto the expansive porch. In 1990, architect Peter Marino spent two and a half years restoring and renovating the residence and building a 3,500-square-foot, four-bedroom guesthouse on the property that features a wraparound porch and shingled exterior to complement its larger neighbor.

Expansive lawns surround the homes, a teak deck surrounds a 60-foot pool and hot tub, a sunken tennis court beckons, and a sandy shoreline at the back of the property provides an easy spot to launch a canoe or a paddleboard. The construction of additional outbuildings is permissible, as the acreage has been subdivided into two buildable lots. (Inquiries: Brown Harris Stevens, Peter M. Turino, 631.903.6115; christiesrealestate.com)

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