The waterfront estate known as La Dune in Southampton will be offered at auction next month.
Last listed at $150 million, the 4-acre property on Gin Lane has been on and off the market for the last seven years. The estate features an 11,000-square-foot main house with 10 bedrooms and eight bathrooms that was originally built in 1892. The home was used for the filming of many scenes in Woody Allen’s 1978 film “Interiors.”
A second residence on the property was built in 2001 and designed to mirror the style and proportions of the main house. Both homes are equipped with gyms and saunas and a host of other amenities, while the second residence adds a home theater and billiards room.
Together, the homes total 23 bedrooms and share 400 feet of beachfront. There are also two pools, courtyards, private gardens and patios.
Owned by Canadian magazine publisher Louise Blouin, who reportedly bought the property for $13.5 million in the 1990s, La Dune will be offered at a no-reserve auction by Concierge Auctions in partnership with Harald Grant of Sotheby’s International Realty, Tim Davis of Corcoran Group and Cody Vichinsky of Bespoke Real Estate.
The homes can be purchased together or separately. The bidding opens Friday, Jan. 12 and will culminate at Sotheby’s “Visions of America” event in Manhattan on Wednesday, Jan. 24, the first time Concierge Auctions real estate will be auctioned alongside art at Sotheby’s.
“The La Dune compound epitomizes luxurious living amidst the world’s most extravagant neighbors and real estate,” Chad Roffers, CEO of Concierge Auctions, said in a company statement. “As the leading property auctioneer globally, we possess an unrivaled database of the world’s most discerning, premier buyers. Our track record and expertise in handling one-of-a-kind assets like La Dune underscores our ability to create stakeholder confidence and ensure that true market value will be identified on auction day.”
Grant called the estate the essence of old Southampton Village in its Camelot years.
“The original home has been renovated beautifully, sitting majestically on top of a dune with surrounding ocean views in true Southampton style,” he said in the statement. “Having witnessed Concierge Auctions set and break records time and time again, we are confident their auction process will bring forward competitive bidding and market value for La Dune.”
Image and article originally from libn.com. Read the original article here.