Unique Oceanfront Hamptons Home On The Prestigious “Billionaire Lane” On The Market For $52.5 Million
SOUTHAMPTON, NY – Situated on one of the most prestigious streets in The Hamptons, 346 Meadow Lane is a once-in-a-lifetime opportunity for a unique estate on the highly-coveted Hamptons shoreline.
This beachside home has the air of an English countryside cottage with its rounded, wood-shingled roof reminiscent of thatching, but boasts an impressive 5,000+ square-feet of contemporary living on 200 feet of pristine beach frontage. The home shares its esteemed Meadow Lane address with a number of prominent estates owned by celebrities, CEOs and Wall Street executives, on one of the most secluded and exclusive pieces of shoreline in The Hamptons.
Designed by the prominent architectural team of Beyer Blinder Belle of Met Breuer museum and Empire State Building fame, the home has interiors by the late Andrée Putman, renowned French designer. The home is currently owned by Phyllis Pressman, wife of late Barneys New York Chairman Fred Pressman, who was the son of Barney’s founder, Barney Pressman.
The exterior of the home embodies old-world charm and feels like it was peeled off the pages of a fairy tale, while the interior is a master-class in contemporary comfort. A dramatic spiral staircase leads to a second floor with an open concept living area, a large terrace and a dining room with fireplace. The three-story interior features banks of windows in circular bays, a gourmet chef’s kitchen and stunning ocean views, while outside the pool terrace, extensive decks and wrap-around porches provide for endless opportunities for outdoor, seaside living.
The finishes in the seven bedroom estate exude luxury oceanside sensibility – soft, white-washed wood accents complement clean gray and white stone, and touches of metal accent both. Natural light flows through each living space thanks to generous windows and sprawling open-concept design. A 53-foot pool, tennis court, two-car garage with an artist studio and inviting circular drive complete this distinctive coastal estate.
About Tim Davis
Power broker and lifelong Hamptons resident Tim Davis boasts an accomplished 40-year real estate career listing and selling some of the finest properties on the East End. Known as an expert in the marketplace, he continues to reign among the most select and sought-after Hamptons Brokers; plus he consistently ranks among the Top Agents in Volume in the United States. This year, he was ranked number one in the Hamptons and number 10 in the country by the Wall Street Journal.
In his exemplary career, Tim has successfully negotiated over $4 Billion in sales ranging from luxury estate homes and oceanfront properties to village cottages and bay-front retreats. In one year, Tim brokered six of the most important high-end sales on the East End at record prices. Two of these sales include oceanfront homes on Further Lane in East Hampton and in Southampton as well as several interior estate homes. Prior to his association with Corcoran, Tim was a former principal of the leading boutique Hamptons real estate brokerage firm, Allan Schneider Associates. He and his two partners sold the company (which grew under his leadership to 12 offices with 350 agents and $1.2 billion in annual sales) to NRT/Realogy, the parent company of The Corcoran Group, in August 2006.
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