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Hamptons Life

Aug 29, 2019 1:53 PMPublication: The East Hampton Press & The Southampton Press

New Construction On Merchants Path Sells For $4M

94 Merchants Path COURTESY DOUGLAS ELLIMAN
Sep 2, 2019 10:02 AM

A newly built residence at 94 Merchants Path in Bridgehampton — or in “Sagaponack North,” depending on the source — has sold for $4 million.

The buyer of this property overlooking a horse sanctuary was Morgan Budman, according to The Real Estate Report Inc.

On 1 acre, the 6,000-square-foot residence has six bedrooms, six full bathrooms and one half-bath. A 24-foot double-height entry welcomes visitors.

The second-floor master has its own spacious deck, and a junior master can be found on the first floor. There is an eat-in kitchen and three light-filled formal/informal entertaining rooms. Among the amenities are a gunite pool, a finished basement and a two-car garage with high-speed electric vehicle charger.

Jacqueline Eghrari-Sabet sold the land in 2017, while it was vacant, for $907,000. The developed property had been listed for $4.35 million with Patrick McLaughlin of Douglas Elliman.

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