Real Estate

Hamptons compound bought for just $150K lists for $9.5M

Right here’s a very good funding! A household compound purchased for $150,000 within the Nineteen Seventies is now in the marketplace for $9.5 million.

The vendor is artist Robert Hooke, a Vietnam vet who obtained his begin in finance on Wall Road. The sculptor owns a 4-acre property at 5 Peconic Ave. in Noyack that features a pond purchased for $15,000.

It’s a part of Northampton Shores, a 100-year-old waterfront group, and is adjoining to the Elizabeth A, Morton Nature Reserve.

He’s recognized for sculptures of animals made out of marble, soapstone, alabaster and patinated bronze.

The compound, which has been in his household for many years, is made from three separate parcels.

The primary is a 1.4-acre lot with a two-story, 2,000-square-foot house on a pond. That house consists of three bedrooms, three bogs and sundown views.

There’s room to construct a 7,000-square-foot house, a pool and a pool home on this property.

An interior of 5 Peconic Avenue.
The primary house boasts 2,000 sq. toes.
Courtesy of Douglas Elliman
An exterior shot of a pond on the property.
There’s a pond with views with views of Robins Island and the North Fork.
Courtesy of Douglas Elliman
A kitchen at 5 Peconic Ave.
A kitchen contained in the Hamptons home.
Courtesy of Douglas Elliman
An exterior shot of a stand-up paddle board station.
A stand-up paddleboarding station on the compound.
Courtesy of Douglas Elliman

The adjoining 1.66-acre lot comes with a tennis courtroom however may additionally home one other residence.

The third lot has a pond, a bathhouse, a deck and 174 toes on Little Peconic Bay, with views of Robins Island and the North Fork.

The itemizing brokers are Hara Kang, Justin Agnello and James Keogh of Douglas Elliman.

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