Hampton Home in Sheldon Solow asks for $ 60 million
Sheldon Solow’s home in the Hamptons just suffered a $ 10 million price cut.
The 14-acre Wainscott estate, which the late developer bought in 2006 for $ 19.5 million, initially hit the market in July at $ 70 million.
The estate boasts 250 meters of water frontage and views of Georgica Pond and the Atlantic Ocean. An independent garage for three cars, a pool house and a heated Gunite swimming pool are located on the grounds.
The 10,000 square foot residence was built in 2010 by local builder Ben Krupinski and designed by architect Paul Rice.
At the entrance there is a double height entrance hall, which gives way to a formal dining room with fireplace. There is an adjacent open plan kitchen with breakfast nook and a family room, which opens to both a screened porch and a covered porch. The first floor also has a library with a fireplace, a living room and a veranda with a full bar.
On the second floor, there are five bedrooms including a master suite with dressing room. On the finished lower level there is an open-plan recreation area, a home theater, a gym with a steam shower and another bedroom.
Kyle Rosko and Marcy Braun with Douglas Elliman have the roster.
Solow passed away in November. His son Stefan Soloviev reorganized the family business, residing in East Hampton and owning several properties in North Fork, including four farms and the Checkit Hotel on Shelter Island.
In 2019, Soloviev purchased the 53 acres of Peconic Bay Vineyards, where his ex-wife Stacey plans to develop a boutique hotel and 40-key resort, she said.