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70 Matthews Lane
Bridgehampton, NY 11932
$20,950,000
Conventional
Property
Bedroom
7
Bathroom
Full: 9, ½: 1
Property Type
Conventional
Square ft
11590 Square Feet
Property Description
Discover timeless elegance paired with modern luxury at 70 Matthews Lane, an extraordinary Hampton estate originally brought to life by renowned, award-winning designer James Michael Howard. This fully furnished masterpiece, completed in collaboration with McAlpine-Tankersley Architecture and Landscape Details, spans 11,600 +/- square feet across three meticulously crafted levels. Built in 2017 and now offered by discerning owners who have added their own personal touches, this 7-bedroom residence embodies harmony between architecture, interiors, and the surrounding landscape. The experience begins as you pass beneath the porte-cochère, entering a grand reception hall that flows into the dramatic great room. With soaring 30-foot beamed ceilings, the great room offers multiple seating areas, a dining space, and gallery, all centered around a custom fireplace. Expansive windows flood the space with natural light, creating a warm and inviting atmosphere. The state-of-the-art eat-in kitchen, with seating for 10, is complemented by its own cozy fireplace, while additional living areas include a media room and an intimate sitting room. The first-floor primary suite features a luxurious sitting area, fireplace, and spa-like bath, while upstairs, four guest suites - including a secondary primary suite with a private terrace - offer privacy with no shared walls. A convenient elevator connects to the lower level, where you'll find two additional bedroom suites, a cutting-edge 16-person theater, gym, powder room, and a recreation room complete with a custom billiards table and fireplace. The estate is adorned with hand-hewn oak flooring, geothermal heating, Control4 technology, Lutron lighting, and a comprehensive audio/visual system. Outside, the manicured grounds are enclosed by stone walls and feature lush lawns, specimen trees, and espalier apple trees. The 18' x 60' heated pool and spa are accompanied by a covered cabana, pool house with a full bath and dressing room, outdoor fireplace, and a built-in kitchen, all connected by expansive stone patios leading to the two-car garage. Perfectly positioned between the village and ocean beaches, 70 Matthews Lane is a turnkey offering, nestled just off iconic Ocean Road in Bridgehampton, providing unparalleled access to everything the Hamptons has to offer.
Property Information
Lot Size
1 acre(s) square ft
Property Type
Residential-Single Family Residence
Year Built
2017
MLS Number
--
Location
Address
70 Matthews Lane
City
Bridgehampton
State
NY
Zip Code
11932
County
SUFFOLK (EAST)
Listing
Name
Phone
(631) 296-8543
Office Name
Office Phone
(631) 296-8543
Agent Name
Hedgerow Exclusive Team
Agency Phone
(631) 296-8543

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HUD Foreclosures

HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

Free Foreclosure Listings

USHUD.com is a website that simplifies the process of finding foreclosures and HUD properties. Everyone thinks they are a real estate web surfing pro until they search for foreclosure homes and stumble upon a numerous sites that want to charge a fee to see their listings. With USHUD.com that’s not the case. When searching for HUD properties or a home finding website for foreclosure it is important to know what you are looking for. It is important to use a niche company that specializes in foreclosures like USHUD.com. We have put together 2 tools that have made the real estate search process of our website much easier to navigate. The Homesearch online tool is filled with foreclosure lists and free listings of hud homes for sale. Most of our users start with a broad search with the homesearch online tool to see the most HUD properties and foreclosure lists in your area and narrow their search down with the Homefinder online tool. The homefinder online tool is a custom filter system that we breakdown the area based upon filters such as convention and foreclosure listings. This give you the option to filter out conventional listings and focus on just the foreclosures in the market. We thank you for making us Americas top home finding website for foreclosure and Hud properties. Free listings of hud homes for sale are hard to come by but should always be free and that’s the way things are going to stay on our website.

Foreclosure Listings Increasing

As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.