Southampton Legacy Waterfront Estate Hits the Market for U.S. $34 Million

SOUTHAMPTON, NEW YORK – The Southampton estate of the late designer and art advisor, Garrick C. Stephenson, and one of the largest remaining contiguous parcels of land in Southampton, is now on the market for US$34 million. This rare magnificent waterfront property comprised of approximately 20 wooded acres and 3,165 feet (965 meters) of frontage on Bullhead Bay is listed by Brown Harris Stevens of the Hamptons and North Fork with international marketing provided by Christie’s International Real Estate.

Renowned in the world of art and antiques, Garrick C. Stephenson, known as a significant "taste arbiter", kept an art collection dispersed among his five properties. He also had several antique and decoration shops in Palm Beach and New York, his last being on the second floor of the Revlon Building. A Christie's auction of his collection of art and furniture was one of the highlights of the 1993 season.

Privacy and exclusiveness were the keywords for Garrick’s collections of art and real estate. His Southampton property, distinctive with its enchanting views and coves, is as all of Garrick’s life collections were, based on his motto "what strikes the eye."

“This incredibly private and sought-after property truly encapsulates the resort lifestyle that is the Hamptons.” says Kathleen Coumou, Senior Vice President of Christie’s International Real Estate. “Rarely—if ever—does a Hamptons estate of this size and importance come to market. This exceptional property provides year-round recreational possibilities – golf and yachting included - and enormous potential for a buyer wishing to make it their own.”

“The Stephenson property represents classic Southampton,” adds listing broker John Vitello of Brown Harris Stevens of the Hamptons. “The magnitude of such a large waterfront parcel is truly a once in a lifetime opportunity. The setting is magical—western sunsets, rolling lawns, and forever views make this one of the most desirable offerings in the Hamptons.”

The estate’s sheltered setting affords spectacular sunset views across Bullhead Bay, Peconic Bay, and the National Golf Links, as well as a level of privacy rarely found in the Hamptons. With ample room for one or more substantial homes, the expansive estate is currently improved with a five bedroom contemporary home, serene pond, waterside swimming pool, and a fixed deep water dock.

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About Christie’s International Real Estate
Christie’s International Real Estate is an invitation-only Affiliate network composed of the world’s most proven and qualified real estate specialists in the luxury residential sector. The company has offices in London, New York, Hong Kong, Beverly Hills, Chicago, and Palm Beach, and more than 140 global Affiliates with 25,000 real estate professionals in 46 countries. For additional information about Christie’s International Real Estate, please visit www.christiesrealestate.com.

About Brown Harris Stevens of the Hamptons
Brown Harris Stevens of the Hamptons is part of one of the country’s oldest and most reputable residential brokerage firms. Established in 1873, Brown Harris Stevens has been New York’s premier residential brokerage firm for over 140 years, and we are the undisputed industry leader in sales, rentals, appraisals and relocation for the luxury market. Our company has over 150 full-time brokers in seven offices throughout the Hamptons and the North Fork, with eight offices in New York City area, two in Palm Beach and 2 in Miami. Brown Harris Stevens is the exclusive Christie’s International Real Estate affiliate for the Hamptons, North Fork, New York City and Palm Beach. For additional information about Brown Harris Stevens of the Hamptons, please visit www.bhshamptons.com.