Hamptons Real Estate News: New North of the Highway Record Sale -- $9.75 Million for One-Acre of Non-Waterfront Property -- Reports Gary DePersia of The Corcoran Group

A historic residence built in 1833 on one acre of Sag Harbor's bustling Main Street, was once one of the grandest residences on the East End of Long Island, NY. Today it sets a record in Hamptons luxury real estate for the highest price for one-acre of non-waterfront property North of the Highway reports Gary DePersia of The Corcoran Group.

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Built by whaling scion Nathan P. Howell in 1833, the Greek Revival style home in Sag Harbor, NY, was once one of the area's grandest residences. Today it sets a new Hamptons real estate benchmark.

"The price lines dividing North and South of the Highway in the Hamptons are blurring," says Gary DePersia of The Corcoran Group.

East Hampton, New York (PRWEB) April 16, 2014

Hamptons real estate broker Gary DePersia of The Corcoran Group (http://www.myhamptonhomes.com) sealed a new record deal for the highest price of non-waterfront property on one-acre North of the Highway at $9.75 million. He represented both the buyer and the seller.

Built by whaling scion Nathan P. Howell in 1833, the Greek Revival style home on Sag Harbor's bustling Main Street was once one of the grandest residences on the East End. It stretches across 9,000-square-feet and four levels with six bedrooms, eight-and-one-half bathrooms and grand parlors including ten fireplaces and a loft with widow's walk capturing 360-degree village views. On a full-acre of lawn and garden with specimen trees, the structure was family-owned for more than 135 years until the 1970s. It was renovated, maintained and cherished to the highest standards by the seller who had owned since the mid-1990s.

"One-of-a-kind benchmarks can now be set in any market and in any area of the Hamptons. 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 or Southampton,” says DePersia.

DePersia set another North of the Highway market record, unsurpassed since 2011, for the highest price residential sale at $36 million, with the 55-acre waterfront oasis Tyndal Point in Sag Harbor’s North Haven. Here he represented both buyer and seller as well.

About Nathan P. Howell House (http://www.myhamptonhomes.com/Sag_Harbor-real-estate-1384180588-1.php):

In 1833, the scion of a wealthy whaling clan, Nathan P. Howell, built a large Greek Revival style home on Sag Harbor's bustling Main Street. At the height of his prosperity in 1850, Howell enlarged and renovated his house in the Italianate style to become one of the grandest residences on the East End at that time. Later on in that century, Howell's daughter inherited the house and succeeding generations maintained the house and its ownership well into the 1970s. After exhaustive work by its seller, who lived there for nearly two decades, modern amenities were balanced harmoniously with original details within this 8,000 SF+/- six bedroom residence on four levels of living space, including finished lower level, serviced by both stairs and elevator, and set magnificently within a full acre of lawn, gardens and specimen trees. Grand parlors within are embraced by broad covered porches setting the tone for this extraordinary offering within close proximity to shops, restaurants and the marinas of a village in the midst of an amazing renaissance. A third floor loft with bathroom leads up a short staircase to the widow's walk capturing 360-degree views of the surrounding village, forming the perfect venue for that postprandial cigar.

About Gary DePersia (The Corcoran Group, 51 Main Street, East Hampton, NY 11937, 631.899.0215 or 516.380.0538, http://www.myhamptonhomes.com):

On the East End since 1995, Gary DePersia of The Corcoran Group has participated in more than one billion dollars of real estate transactions. His sensational inventory of Hamptons luxury real estate has generated benchmark deals. Among them is the 55-acre waterfront oasis Tyndal Point in Sag Harbor’s North Haven. At $36 million, it was the highest price residential sale ever north of the highway, plus the largest transaction for 2011, on the East End. Consistently ranked among the top producers in the Hamptons, and a year-on-year national list maker, in 2008, he was Corcoran's top broker on the East End by sales volume and rental units; and ranked the nation’s 4th top broker by sales volume with over $202 million worth of transactions in The Wall Street Journal and REAL Trends Top 250 real estate professionals. Gary is the broker other brokers have come to follow and emulate. He is well-versed on the inventory of each village and hamlet and with four licensed assistants has built a business stretching from Southampton to Montauk and Sagaponack to Shelter Island. As the East End's most prolific advertiser, his exclusive listings are found regularly in print and online. He was the first Hamptons broker with his own personal website (http://www.myhamptonhomes.com) and broad use of social media. An inimitable ambassador for Hamptons luxury real estate, he regularly guides television viewers around the area’s finest homes and is tapped by top news media for his expert market views and exceptional listings. His far-reaching experience, affable nature and energized style make him a favorite of other brokers seeking a knowledgeable Hamptons realtor who truly cares about client service.