SOUTHAMPTON, N.Y. — A prime Southampton oceanfront property once listed at $150 million will now be auctioned without reserve.
The iconic La Dune complex will be auctioned with Concierge Auctions. In collaboration with Harald Grant of Sotheby's International Realty, Tim Davis of the Corcoran Group and Cody Vichinsky, president and founding partner of Bespoke Real Estate, the “stunning duplex property — previously listed at $150 million and once the most expensive retreat ever in the luxury area of Southampton' is now available. Interested parties have the option to bid on the homes individually or collectively in the no-reserve auction, which will sell to the highest bidder(s), Concierge Auctions said.
The bidding process will be open from Jan. 10 and will culminate on Jan. 24 at Sotheby's “Visions of America” event, a “groundbreaking” live auction at Sotheby's in New York, Concierge Auctions said.
“The event will feature fine art exhibitions and this premier real estate auction in New York, a fitting tribute to American craftsmanship and culture. This is the first time Concierge Auctions real estate will be auctioned alongside art at Sotheby's,” he said. an announcement.
Immersed in beachfront luxury in the Hamptons, La Dune – a masterpiece inspired by architect Stanford White – features two residences on over four acres. “With an address on sought-after tony Gin Lane, one of the most exclusive addresses in the Hamptons, the property offers unparalleled beach access, stunning views of ocean waves, summer sea breezes and all-day sun,” Concierge Auctions said.
The complex features two Gunite pools, an all-weather sunken tennis court, a custom Altos cinema, a billiards room, gyms, palatial courtyards, private gardens and patios, along with decks that encompass nearly every entry point.
Famously, the house was used for the filming of several scenes in Woody Allen's 1978 film “Interiors”.
“The La Dune complex epitomizes luxury living among the world's most extravagant neighborhoods and properties,” said Chad Roffers, CEO of Concierge Auctions. “As the world's leading real estate auction house, we have an unrivaled database of the world's most discerning, elite buyers. Our track record and expertise in handling unique assets such as La Dune underline our ability to instill confidence in stakeholders and ensure that the actual market value will be determined on the day of the auction.”
Concierge Auctions currently holds the world record for the most expensive residence ever sold at auction, a sprawling California estate called “The One,” which sold for $141 million in 2022.
“Situated on the famous Gin Lane, this estate is the essence of old Southampton village in the Camelot years. The original house has been beautifully restored, sitting commandingly on top of a dune overlooking the ocean in true Southampton style,” said Grant. “Having seen Concierge Auctions set and break records time and time again, we are confident that their auction process will bring competitive bidding and market value for La Dune.”
Davis added: “The ocean views and setting are magnificent, embracing the best of seaside living experienced only in the best locations around the world. We look forward to identifying a new owner for this special property in the coming months.”
Upon entering through the security gates and fence at La Dune, a wide gravel drive unfolds, leading to the main four-story residence rising majestically from the front parking court. Originally built in 1892, the classic shingle main residence has a commanding presence above the rosa rugosa dunes that lead to the expansive white sandy beach, offering more than 400 feet of beachfront, Surrounded by impressive hedges, “the entire estate manufactures pure tranquility” , Concierge Auctions reported.
“Thoroughly updated to meet contemporary standards, the main house offers more than 11,000 square feet of living space that includes 10 bedrooms, eight bathrooms, staff quarters, kitchen and a large laundry room. The open formal entry sets the stage for entertaining in the main level, which includes spacious living rooms, a formal dining room, a breakfast room and an office/library. The gathering rooms on the second level open to a series of decks and patios, capturing the ocean breezes and offering a mesmerizing view of the uninterrupted waves,” said registration.
The second residence, a separate structure built in 2001 by the esteemed French architect and designer Francois Cartroux, was carefully created to reflect the style and proportions of the main residence.
“Both residences share similar design elements, including dark polished wood floors, white interiors with intricate moldings (original to the main house), beadboard, patio doors, transom windows, and coffered ceilings. Each home is equipped with gyms and saunas, while the second residence adds a home theater and billiards room to its list of amenities. Ample parking and separate staff quarters round out the offerings of this exceptional estate,” the listing said.
Pictures of the property can be seen here.
As part of Concierge Auctions' Key for Key® giving program in partnership with Giveback Homes, the closing will go toward funding a new home built for a family in need.
For additional information, including property details, custody documents and more, visit ConciergeAuctions.com.
