A spectacular ultramodern estate on 2.96 acres with a prime oceanfront Meadow Lane address in Southhampton known as The Hamptons Billionaires Lane.Find out m. Peter R. McGreevy of McGreevy & Henle, a Riverhead-based firm that filed the suit on behalf of Feldman, did not immediately return a request for comment. 40 Meadow Lane, Southampton, NY 11968 is a single family home not currently listed. A sense of value is really what someone is willing to pay, based on scarcity and pedigree, says De Sane. There are 12 bedrooms and 12 bathrooms on six acres. 2040 Meadow Ln Southampton, NY 11968 6 Beds 7 Baths 7,500 sqft (on 3.70 acres) $24,000,000 $22,500,000 Est. Bespoke Real Estate is an Equal Housing Opportunity Broker. The Brookline-born billionaire has bought a $43 million home at 40 Meadow Lane in Southampton a beach road filled with finance. Buyers looking at this price point can rarely find a property to fit every demand in the same way, says Joseph De Sane, managing director at Bespoke Real Estate. A Bespoke Luxury Company, COPYRIGHT document.write(new Date().getFullYear()) BESPOKE. This home last sold for $42,923,600 on April 9, 2021. Were working on getting current and accurate heat risk information. Experience unparalleled service from our best agents. HFZs records do not indicate Meir made any monetary contribution toward the construction or maintenance of the home, despite living there. Nope, not that one. Photo : Google. The Architectural Review Board gave Kraft the go-ahead in March 2022 in a tight vote, but the zoning board is now getting its say in the issue. Organization, bespoke.realestate 40 Meadow Ln has residential zoning. 40 Meadow Ln, South Hampton, NY 11968 40 Meadow Ln, Southampton, NY 11968 Single Family 10 beds 8.5 baths 6,600 sqft Built in 1880 47 Meadow Ln, South Hampton, NY 11968 Single Family Residential 3 beds 2 baths Lot: 0.92 acres Built in 1998 View details 51 Meadow Ln, South Hampton, NY 11968 51 Meadow Ln, Southampton, NY 11968 Notable Transactions 2023 NYP Holdings, Inc. All Rights Reserved, Inside a multi-colored Miami Beach mansion listed for $8.5M, NYC duplex famed for its grand wine collection asks $12M, First couple of film Barry Jenkins and Lulu Wang buy $2.35M NYC home, Mindy Kaling sells NYC home for a loss after debuting new trim figure. The hedgie who is CEO of Gracie Capital. HFZs allegations of wrongdoing were soundly rejected by the court which denied, in its entirety, HFZs request for a temporary restraining order and an order of attachment based on these same allegations and after reviewing HFZs papers and hearing oral argument on April 7, 2021, Justice Paul J. Baisley, Jr. declined that same day to sign HFZs proposed order of attachment., The suit claims Meirs conduct has deprived HFZ of tens of millions of dollars in cash and assets.. TRI-STATE, BESPOKE LUXURY COMPANIES Brewery heir Santo Domingo's net worth is valued at $4.9B. Demolished in 1941. the original house was built in 1900 for Dr. Peter Wyckoff. A home on Meadow Lane in Southampton Village that has been the subject of a recent legal battle over ownership has changed hands for nearly $43 million, according to real estate deeds. Some of the priciest properties in the U.S. are shopped around quietly. Don't neglect these 6 maintenance tasks - or else, Debunked! Power broker and lifelong Hamptons resident Tim Davis boasts an accomplished 40-year real estate career listing and selling some of the finest properties on the East End. Chairman and CEO of iStar Financial, Sugarman and designer wife Kelly Behun live in this stunning house. The project to build the home was marred with controversy from the start. An eight-acre estate at 840 Meadow Lane in Southampton sold for $70 million in one of the biggest deals of the year, according to the Wall Street Journal. However, sources also tell Gimme that Blavatniks wife, Emily, was devastated to learn it had sold, as she would have bought the house as a buffer or to be part of a compound for her family had she known it was on the market. Much of the house was damaged in the 1938 hurricane, and it was finally torn down by Gerald and Sara Murphy (daughter of Wiborg) when the Murphys couldnt rent or sell it. Some are resistant to allowing the elevator, however, and have called attention to pictures of Kraft golfing or playing tennis to critique his alleged need. But the five-mile stretch of land on Meadow Lane in Southhampton proves to be the priciest neighborhoods in the world, which boasts ocean front properties along seven miles of shoreline and which can cost up to $100 million. The lawsuit was subsequently dismissed with prejudice on March 22, 2021. that Meirs lawyers filed a motion that showed another company fully controlled by him, EZL 40 Meadow Lane LLC, held the majority interest as of March 2019. To this day, the appellation still sticks. Market Reports You think today's Hamptons estates are lavish? Notify me of new listings with the following features in the, Notify me of new listings with the following features in. The largest house in East Hampton, with 30 rooms and 80 acres, the Dunes was built by Frank B. Wiborg, who enlisted architect Grosvenor Atterbury. Everyone was kind, honest, professional and accommodating! He purchased the beautiful house featured in "Something's Gotta Give" in 2014 for $41M. All dimensions are approximate. Some are resistant to allowing the elevator, however, and have called attention to pictures of Kraft golfing or playing tennis to critique his alleged need. The zoning board wants any elevator hidden within the interior of the property, while Krafts plans feature the lift on the exterior of the home. Patriots owner Robert Kraft is coming to the Hamptons. He preferred a house on Surfside in Bridgehampton, where he rented last year, but none were available.. The average price for real estate on Meadow Lane is $19,334,203. Additionally, there is a lower level with a three car garage and ample storage space. However, we based our statement on homes solely listed onRealtor.com. and Halsey Neck Rd., Southampton, NY 11968 Sag Harbor Village District Roughly bounded by Sag Harbor, Rysam, Hamilton, Marsden, Main and Long Island Ave., Sag Harbor, NY 11963. Inside, you can enjoy the wood-burning fireplace, two walk-in closets, a marble bathroom, and soaking tub. Rice, an ear, nose and throat specialist, was the house doctor for the Metropolitan and Hammerstein Opera Houses and treated Lillian Russell and Enrico Carsuo. They looked at multiple houses and bought this one, a source told Gimme exclusively. Refi. Payment $74,028 /mo * Refinance Your Home Homes for Sale Near 40 Meadow Ln NEW CONSTRUCTION 0.99 ACRES $18,450,000 7bd 11ba 10,000 sqft (on 0.99 acres) 143 Meadowmere Ln, Southampton, NY 11968 HFZs founder Ziel Feldman was also forced to sell his $50 million Hamptons home at 187 Dune Road, by a mega-mansion built by Ukrainian-born billionaire oligarch Len Blavatnik. Meir applied for a demolition permit of the house in 2013. , and received it, as it was a non-designated historic home, to the disdain of many. If Mylestones massive asking price is too much to handle, 10 other homes are on the market along Meadow Lane. All rights reserved. 40 Meadow Ln was built in 2020 and last sold for $42,923,600. The estate was huge: 314 acres, with the main house, the main garage, gatehouse, caretakers cottage, hunting lodge stables, secondary two-car garage with pump house, gardens and tennis court. 40 Meadow Lane, Southampton, NY 11968 was built in 2020 and has a total of 6,878 square feet. A recent lawsuit claims he was siphoning off millions from the company and even transferred ownership of the home from HFZ, which he left in December, amidst several lawsuits, The Real Deal reported at the time. Henry Francis du Pont and his wife, Ruth Wales du Pont, wanted an American house, with architectural elements largely from Chestertown, Maryland. Ocean + Bayfront property With 500+ feet of ocean frontage and a dock on Shinnecock Bay, this double waterfront property has the best of both worlds. can sell for around list price and go pending in around. The home at 40 Meadow Lane has been sold, but who should legally receive the profits is a question before the court. This field is for validation purposes and should be left unchanged. It was a $75 million house.. Hush-hush or not, the list of $150 million-plus properties remains vanishingly short. 840 Meadow Ln, Southampton, NY 11968 Tim Davis Famed "Ocean Castle" sited on 8.3 acres of Meadow Lane oceanfront with 512 feet of pristine white sand frontage World class ocean and bayfront estate on one of the world's preeminent streets, Meadow Lane, located in Southampton Village's premier estate area. Feldmans suit rejects this claim. Kyalami, which means "home" in Zulu, was built in 1902 for actor John Drew, uncle of the Barrymores. Later the carriage house was owned by Evan Frankel and called Brigadoon, after he invested in the Broadway play. 40 Meadow Ln is a 6,878 square foot house on a 0.73 acre lot with 7 bedrooms and 8.5 bathrooms. The servants quarters and garage was known as the Pink House when the Murphys daughter painted the stucco exterior pink, but was itself demolished in 2010. HFZ has numerous debts and creditors of its own and it owes those creditors an obligation to pursue funds that were wrongfully diverted from HFZ so that such funds can be used to repay HFZs debts, the suit states. The construction moved forward and the new home reportedly has seven bedrooms and an oceanside swimming pool added in 2016. On Meadow Lane (Beach Road) Between the Shinnecock Rd. Private Market The Real Deal reported in January that Meirs lawyers filed a motion that showed another company fully controlled by him, EZL 40 Meadow Lane LLC, held the majority interest as of March 2019. Most homes have some risk of natural disasters, and may be impacted by climate change due to rising temperatures and sea levels. While the Hamptons isn't short of expensive addresses, perhaps none is as elite as the five mile strip of sand on the ocean known as Meadow Lane in Southampton. Now it's the Sebonac Golf Club. The original Wooldon Manor was enormous. Smithtown Partners LLC was listed as the buyer. Track this homes value and nearby sales activity. Do not sell or share my personal information. Site Map . The hotelier and nightclub entrepreneur has owned this 3.7 acre property since the 1980s. ALL RIGHTS RESERVED. By Brendan J. O'ReillyA Southampton Village estate sold at the end of January for $40.91 million a price that surpasses the No. Please fill out the form below to stay connected and informed about our $10M+ exclusive listings, private events, global projects, strategic partnerships and more. Bespoke Benefits program is exclusively offered to our clients. The fight started in November 2021, shortly after Kraft purchased the home from former HFZ Capital executive Nir Meir, The Meadow Lane property was once at the center of litigation between Meir and HFZs founder, Ziel Feldman, along with the development firms creditors. Howard Milstein is a banker and philanthropist. The mansion is set among manicured lawns, flower gardens, and a private deep-water dock off Shinnecock Bay. In his request to the court to toss the suit, Meir claimed that HFZ had initial control over the company, but later transferred 50% ownership to him. These so-called whisper listings, at even higher prices, may only exist on the websites of select brokers. Over the course of a decade during which Meir styled himself as the managing principal (although he was never an owner or member of HFZ) he used his position to divert millions of dollars of HFZs cash and assets for his own personal use, the suit alleges. Billed as in a class of its own, with a price to match, the double-lot waterfront estate spans the Atlantic Ocean to the Shinnecock Bay, and has 500 feet of ocean frontage, an array of amenities, and a 15,521-square-foot residence with 11 bedrooms, 12 bathrooms, and four half-bathrooms. The project to build the home was marred with controversy from the start. Feldman also recently unloaded his oceanfront home in Bridgehampton in an off-the-market trade also brokered by Hedgerow Exclusive Properties and Douglas Elliman Real Estate. An entity tied to a lender filed a lawsuit to have Meir ejected from the home, only for Meir to file a countersuit; both, Another lawsuit from one of HFZs lenders. But living in the Southampton House with household staff apparently was not enough for Meir, the suit says. Prices range from $14 million for a modern mansion under constructionto a 10-acre spread with subdivision possibilities. Patriots owner Robert Kraft is coming to the Hamptons. BESPOKE LUXURY MARKETING Tailored for $10M+ What is the assessed value of 40 Meadow Lane, Southampton, NY 11968 and the property tax paid? The deal is believed to have been brokered by Hedgerow Exclusive Properties, a Bridgehampton-based firm that specializes in off-market listings, as well as Douglas Elliman Real Estate. Nearby homes similar to 40 Meadow Ln have recently sold between $1M to $13M at an average of $2,545 per square foot. International FAIR HOUSING DISCLAIMER. 268 Meadow Ln Southampton, NY 11968 Get directions You Might Also Consider Spellmans Marine 5.3 miles "After purchasing a World Cat from Spellman Marine I could not have expected a better experience! 19) 1750 Meadow Lane, Southampton | $28.32 million This 4-acre property offers stunning views of both the ocean and Shinnecock Bay and boasts 200 feet of ocean frontage. You will find the home comes complete with every bit of allure and exclusivity that you would expect from one of the Hamptons most sought after properties. An oceanfront modern at 40 Meadow Lane in Southampton Village recently sold for $42.92 million in an off-market transaction, and the New York Post reports that the new owner is Southampton Village Toylsome Lane Homes Sells for Nearly $7 Million, The Mill Commercial Real Estate Compound Sold in Water Mill, Southampton Village ARB Landmarking Plan Has Twists and Turns, Former Hampton Designer Showhouse Sells for $7 Million, Bipartisan Legislation Takes Another Crack at Repealing SALT Cap, North Haven Road Contemporary Sells for $5.6 Million, CPF Surpasses $2 Billion Mark in February, Nearly 19 Acres of Farmland, Subdivided, Sold for $17.5 Million, Court Sides With Southampton Village ARB Over Changes to Lewis Street Tudor House. With 500+ feet of ocean frontage and a dock on Shinnecock Bay, this double waterfront property has the best of both worlds. With 500+ feet of ocean frontage and a dock on Shinnecock Bay, this double waterfront property has the best of both worlds. New England Patriots owner in dispute over elevator, A photo illustration of Robert Kraft and 40 Meadow Lane in Southampton, Long Island (Getty). If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732. In a class of its own, this rare double waterfront estate bridges 8 lush acres+/- between the Atlantic Ocean and Shinnecock Bay, boasting 500' feet of ocean frontage, an array of health-driven amenities, and a timeless 15,521 SF+/- residence complete with 11 bedrooms, 12 full and 4 half bathrooms, an attached caretaker's cottage and truly Chestertown House 650 Meadow Lane, Southampton, Suffolk County, New York Completed in 1926, for Henry Francis du Pont (1880-1969) and his wife, Ruth Wales (1889-1967). , one of the priciest sales in the Hamptons in 2020. purported to hold the title to 40 Meadow Lane and filed a lawsuit in late December, accusing Meir of illegally occupying the property, according to. Mylestone truly is the complete package. View properties similar to Meadow Lane, Southampton. Owning a big apartment in New York City is great, but having a mansion in the Hamptons is a privilege only the 1% of the 1% can enjoy. Och purchased this four-acre property for $26.5M in 2006. The head of Petra REIT owns this three-acre property with a ten-bedroom home. Black Point was the 60-acre estate of Col. H.H. Another lawsuit from one of HFZs lenders attempted to stop the sale of the home so the creditor could collect on proceeds to satisfy a debt. He flew down for a day with a young woman wearing a monster-sized diamond ring. The average household income in the Meadow Lane area is $136,625. The Dr. Clarence C. Rice house was designed by Grosvenor Atterbury c. 1899. Property Address; 1750 MEADOW LN, Southampton, NY 11968: 1770 MEADOW LN, Southampton, NY 11968 The lawsuit was subsequently dismissed with prejudice on March 22, 2021. Of course there was also the main garage, gatehouse, caretaker's cottage, hunting lodge, stables, secondary two-car garage with pump house, and tennis court. Nir Meir, who oversaw a multi-billion real estate portfolio for HFZ Capital Group, a once prominent condominium developer in New York City, is the seller. This initiative allows us to partner with brands that can add value to our marketing campaigns while providing a value added benefit to our clients. In which case, please drop us a line. If the estate goes for anywhere near the asking price, it will set a record in the area. We use cookies and other tracking technologies to improve your browsing experience on our site, show personalized content and targeted ads, analyze site traffic, and understand where our audiences come from. Special Thanks to Brian & Karen for making the deal go smooth and seemless." read more To learn more or opt-out, read our Cookie Policy. This property is just under three acres. The 8,000-square-foot . Amenities Close to Park, Eat in Kitchen, Formal Dining Room, Foyer, Hardwood Floors As Seen, Master Bath, Near Public Transit, Near Public Transportation, Patio, Porch, Sprinkler Lawn Sys Listing presented by 888.454.7356 atyourservice@houlihanlawrence.com Request More Info Save Real estate developer Elghanayan purchased this six-acre property for $24M in 2007. for 40 Meadow Ln, Last sold on April 09, 2021 for $42,923,600, Home details and zoning from local records. Redfin does not endorse or guarantee this information. The main house was torn down in the 1960s, but 8 acres of the estate are still left and are currently for sale.