Bidding Opens Today For “La Dune” In The Hamptons Starting With A Minimum $68 Million Bid
Located on Posh Gin Lane in Southampton, New York, The Compound Enters the Auction with Seven Bidders Already Lined Up Via Sotheby’s Concierge Auctions
NEW YORK, January 18, 2024 – Highly revered as one of the Hamptons’ most iconic estates, the esteemed La Dune compound begins accepting bids today, with a minimum bid of $68 million and seven bidders already in place. Previously listed at $150 million and once the most expensive listing ever in the posh Southampton area of Long Island, New York, this stunning dual-home property will be sold via Sotheby’s Concierge Auctions in partnership 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 bidding process culminates on 24 January, 4 P.M. Eastern at Sotheby’s “Visions of America” event, a groundbreaking auction taking place live at Sotheby’s New York. The event will showcase fine art exhibitions and this premier real estate auction in New York City, a fitting tribute to American craftsmanship and culture. This is the first time Sotheby’s Concierge Auctions real estate will be auctioned alongside art at Sotheby’s.
“As the world’s leading property auctioneer, we deal in real market value, which makes the bidding opening for La Dune an exciting, once-in-a-lifetime opportunity,” said Chad Roffers, CEO of Sotheby’s Concierge Auctions. “This call to action today is sure to elicit even more bidders on a global scale. When the gavel drops on January 24, there will be a new owner of this opulent property.”
Renowned as the epitome of seaside luxury in the Hamptons, La Dune—a masterpiece inspired by Architect Stanford White—features unparalleled beach access and breathtaking ocean views for two remarkable residences on over four acres. The main house offers more than 11,000 square feet of living space including 10 bedrooms, eight baths, staff quarters, a kitchen, and a large laundry room. The second residence, a separate structure built in 2001 by the esteemed architect and French designer Francois Cartroux, was carefully created to mirror the style and proportions of the main house. Both residences share similar design elements and are equipped with gyms and saunas, while the second residence adds the home theater and billiards room to its list of amenities.
As the world’s largest luxury real estate marketplace, Sotheby’s Concierge Auctions is no stranger to selling exceptional properties. Sotheby’s 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.
CONTACT US FOR MORE INFORMATION
For more information on La Dune, Southampton, NY please contact Tim Davis 631 702 9211 or email [email protected]
La Dune will go to the highest bidder during Sotheby’s inaugural “Visions of America” live auction at its Upper East Side location on January 24. Previously listed for $150M, the dual-residence compound set on 4.2 acres with 400 feet of beachfront (366 & 376 Gin Lane, Southampton) features a combined 21,000 square feet, two Gunite pools and an all-weather tennis court. Daily showings by appointment. 1334 York Avenue, New York, N.Y., 10021.
https://www.conciergeauctions.com/auctions/366-376-gin-lane-southampton-new-york
