Saunders, Real Estate, Hamptons

Hamptons Life

Oct 29, 2019 3:52 PMPublication: The East Hampton Press & The Southampton Press

Meadow Lane Estate Returns To Market For $30 Million

2020 and 1995 Meadow Lane in Southampton Village. COURTESY SAUNDERS & ASSOCIATES
Oct 29, 2019 4:03 PM

A Meadow Lane property that includes the land on both the ocean side and bay side of the street has come back on the market at a reduced price.

The seller is beauty entrepreneur Adrien Arpel, who founded her eponymous cosmetics line in 1959.

The addresses are 2020 and 1995 Meadow Lane in Southampton Village and there are 9.75 acres in all with 170 feet of oceanfront and more than 500 feet of bayfront.

The new asking price is $30 million, a sharp reduction from the previous ask of $38 million.

A heated gunite pool is between the residence and the ocean and a new Omni tennis court is between the residence and the street. The land near Shinnecock Bay is vacant, preserving the view.

The Mediterranean-style residence with soaring ceilings, Venetian plaster walls and white oak floors was built in 1983. It is 7,250 square feet with six bedrooms and 6.5 bathrooms. The high-end ultramodern chef’s kitchen and the bedrooms were recently updated. The double-height dining room has an ornately coffered ceiling, and the living room and family room both have fireplaces and wet bars.

The bedrooms are equipped with automatic shades, and the bathrooms were redone with Glassos walls, floors and vanities; fixtures by Toto, Kallista and Waterworks; and frameless glass-enclosed showers and soaking tubs.

The second-floor master suite with ocean views has a window banquette and a fireplace plus a spa-like bathroom.

Also among the amenities are a catering kitchen, an elevator and a gated entrance. Terraces on both floors with both open and covered spaces offer ocean and bay views, and a raised lighted walkway leads to the ocean.

The grounds also feature a gazebo surrounded by gardens and mature landscaping.

Mark Baron has the listing for Saunders.

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