Tim Davis - The Hamptons Luxury Market Leader
Tim Davis - The Hamptons Luxury Market Leader
Licensed as Timothy G. Davis, Lic. Assoc. R.E. Broker At The Corcoran Group

 
Press Releases
 

The New York Times-2/1/2011

Three properties now on the market in Amagansett, Southampton and Bridgehampton illustrate the range of luxury options in that bucolic neck of the woods. Completed last summer, 50 Meeting House Lane, the first home in line for LEED certification in Amagansett, has been on the market for six months, and is now being offered at $6,295,000. Although "green," the house is traditionally designed with six bedrooms and eight-and-a-half bathrooms by a renowned Park Avenue architect, and is within walking distance of the restaurants, shops and beaches nearby. "The solar panels, which are not visible from the front of the house, the geothermal heating and cooling system, and the entire orientation of the house and the 45-foot gunite pool and pool pavilion, create a wonderful environment for summer living and entertaining that maximizes the offered shine," said Jeanette Schwargerl, listing agent for the property with Brown Harris Stevens. "The heating and cooling system is connected to the Internet, so anywhere you are in the world you can go onto a phone app and check on and adjust the temperature in the house. You can warm the house on your way out from the city, or check on it if you are away to make sure everything is okay." Tim Davis, senior vice president and regional brokerage advisor for Corcoran East End, is marketing two unique Hampton?s properties. Beechwood, at 171 Great Plains Road in Southampton, is huge at more than 17,000 square feet but it doesn't feel overwhelming, said Davis.





Beachwood, the four-and-a-half-acre estate at 171 Great Plains Road in Southampton, recreates the feel of an English country manor. Photo: Barney Sloan.



The $38 million, 4.5-acre estate, with nine bedrooms and eleven and-a-half bathrooms, was designed by architect Francis Fleetwood to recreate an English country manor house, and maximize the views of an alley of 200-year-old beech trees. "The goal was to make it look like it had been there for q long time, as opposed to something that looked out of place and brand new," noted Davis. "This house is of considerable size, but you don't have that out-of-place feel. When you see it, it is actually very understated. The rooms feel intimate, and never too big."


At $9.5 million, 121 Pauls Lane in Bridgehampton is developer Christopher Peluso's ninth project in the Hamptons. The l.4-acre, eight-bedroom, nine-and-a-half-bathroom property, completed in November, features a 55-foot entertainment space along the back of the house that overlooks the pool, the tennis court and the horse farm that adjoins the property in the distance. "The market in the $7- to $l0-million range has been very active since the end of the year, and at the very high end, above $20 million, there have been more sales recently than we have had in the last couple of years," added Davis. "Some new pricing has settled in, so the properties that are on the market reflect the new realities of the marketplace. It has taken a while, but now we have had enough sales that we can start to establish real comparable values since the collapse."