When a house in the Hamptons isn’t enough — try a $99.5M compound

real estate, lifestyle, alexa, alexa hamptons, amagansett, luxury real estate, mansions, montauk, the hamptons, water mill, when a house in the hamptons isn’t enough — try a $99.5m compound

Compound interest: shopping for buy-one-get-one homes Out East. NY Post photo composite

For the masters of the East End, one home is never enough.

“There are people who love their home, so then they spend the next 20 years collecting all the homes around them,” says Kyle Rosko of Douglas Elliman. “When you love a place so much, you want your whole family, as it grows, to be able to enjoy it.”

But if you don’t have 20 years, you can get a head start, as a number of BOGO homes are currently on the market for those eager to create a compound of their own.

real estate, lifestyle, alexa, alexa hamptons, amagansett, luxury real estate, mansions, montauk, the hamptons, water mill, when a house in the hamptons isn’t enough — try a $99.5m compound
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In Montauk, you can double your pleasure with the two modern abodes at 18 and 22 Maple St., whose $38 million price tag includes a combined 12 bedrooms. Rise Media

Rosko has a pair of cutting-edge spreads by renowned architect Piero Lissoni on the market at 18 and 22 Maple St. in Montauk.

Weighing in together at 12 bedrooms, 14 bathrooms and 18,600 square feet, they’re perfectly suited for creating a multigenerational commune, he says, provided you’ve got a spare $38 million.

Fellow Elliman brokers Marcy Braun and Fredrik Eklund are also on the listing.

But if you prefer to make your own mark, roll over to 42 and 44 Deforest Road, also in Montauk.

Here, an eight-bedroom, eight-bathroom, 5,142-square-foot house is under construction and slated for completion in June.

But it’s not just the opportunity to own a new home, it’s the opportunity to keep building.

The neighboring lot is currently empty and could be used to create his-and-her homes, the ultimate granny flat or even an amenity building.

The price for both lots is $36.95 million.

“Sometimes people want to have an amenities house that is just a massive spa,” says Rosko.

real estate, lifestyle, alexa, alexa hamptons, amagansett, luxury real estate, mansions, montauk, the hamptons, water mill, when a house in the hamptons isn’t enough — try a $99.5m compound
3

The compound at 266 and 271 Marine Blvd. in Amagansett — asking $29.9 million — also includes two homes, for a total of 11 bedrooms. The Corcoran Group

Over in Amagansett, the neighboring homes at 266 and 271 Marine Blvd. are also being offered together for the compound curious.

Together they have 11 bedrooms, 10 full bathrooms, 8,756 square feet and an asking price of $29.9 million with Susan Breitenbach and Cutter Koster of Corcoran.

But the most mind-boggling bit of double trouble on the market right now are 70 and 71 Cobb Lane in Water Mill.

real estate, lifestyle, alexa, alexa hamptons, amagansett, luxury real estate, mansions, montauk, the hamptons, water mill, when a house in the hamptons isn’t enough — try a $99.5m compound
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For just $99.5 million, a pair of mansions at 70 and 71 Cobb Lane in Water Mill — with a whopping 24 bedrooms and 38 bathrooms between them — can be yours. Hedgerow Exclusive Properties

The pair of mansions have a total of 24 bedrooms, 38 baths and an incredible 45,000 square feet on 21 acres.

In late 2021, real estate investor Michael Karp paid $118.5 million for the homes — the second most expensive home sale the Hamptons had ever seen.

Now, they’ve re-listed with Hedgerow Exclusive Properties for a relative steal: just $99.5 million (a $19 million loss).

“If you don’t have to play the waiting game, if you can find something and it fits your profile, you certainly go after it,” says Rosko. “Because a lot of very wealthy individuals, they roll deep.”

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