A sprawling luxury estate with its own exclusive waterfront, movie theater and two-story pool house has hit the market for a staggering $99.5 million.
Located on a private peninsula that extends over 21 acres of manicured grounds, the accommodation has a total of 24 bedrooms and 38 bathrooms that are shared between the two residences.
Located in Water Mill South in the super-affluent Hamptons, the ‘resort’ offers stunning ocean views, 3,100 feet of exclusive shoreline, and access to Mecox Bay via a private dock.
The estate is perfectly maintained, has a wealth of modern facilities and is finished to an enviably high standard.
A sprawling luxury estate with its own exclusive waterfront, movie theater and two-story pool house has hit the market for a staggering $99.5 million.
![The sprawling 24-bedroom waterfront estate in the Hamptons hits the market for a staggering $100 MILLION, with its own private dock, movie theater and two-story pool house. 7 Located on a private peninsula that extends over 21 acres of manicured grounds, the accommodation has a total of 24 bedrooms and 38 bathrooms that are shared between the two residences.](https://whatsnew2day.com/wp-content/uploads/cwv-webp-images/2024/06/The-sprawling-24-bedroom-waterfront-estate-in-the-Hamptons-hits-the.jpg.webp)
Located on a private peninsula that extends over 21 acres of manicured grounds, the accommodation has a total of 24 bedrooms and 38 bathrooms that are shared between the two residences.
![The sprawling 24-bedroom waterfront estate in the Hamptons hits the market for a staggering $100 MILLION, with its own private dock, movie theater and two-story pool house. 9 Located in Water Mill South in the super-affluent Hamptons, the 'resort' offers stunning ocean views, 3,100 feet of exclusive shoreline, and access to Mecox Bay via a private dock.](https://whatsnew2day.com/wp-content/uploads/cwv-webp-images/2024/06/1717832619_217_The-sprawling-24-bedroom-waterfront-estate-in-the-Hamptons-hits-the.jpg.webp)
Located in Water Mill South in the super-affluent Hamptons, the ‘resort’ offers stunning ocean views, 3,100 feet of exclusive shoreline, and access to Mecox Bay via a private dock.
The waterfront mansion, which is slightly smaller of the two at a whopping 17,000 square feet, features a tennis court, gym, pool and spa, a two-story pool house, and a terrace.
The second house inside, 28,000 square feet, was built for entertaining.
For sports lovers, there is an indoor basketball court, a swimming pool and a professional gym.
And friends and family can find endless entertainment at the 14-seat movie theater, two-lane bowling alley, or fitness center.Games room with billiards.
Among the extensive grounds, highlights include a pergola, moat and fire pit.
This is only the second time these properties, with a combined total of 45,000 square feet of living space, have been sold as “one.”
In late 2021, Philadelphia real estate developer Michael Karp purchased the property for a whopping $118.5 million, the second-most expensive home sale witnessed in the Hamptons.
The following spring he put the smaller of the two up for sale and a year later he put the other up for rent during the summer season.
![The sprawling 24-bedroom waterfront estate in the Hamptons hits the market for a staggering $100 MILLION, with its own private dock, movie theater and two-story pool house. 11 This is only the second time these properties, with a combined total of 45,000 square feet of living space, have been sold as](https://whatsnew2day.com/wp-content/uploads/cwv-webp-images/2024/06/1717832620_758_The-sprawling-24-bedroom-waterfront-estate-in-the-Hamptons-hits-the.jpg.webp)
This is only the second time these properties, with a combined total of 45,000 square feet of living space, have been sold as “one.”
![The sprawling 24-bedroom waterfront estate in the Hamptons hits the market for a staggering $100 MILLION, with its own private dock, movie theater and two-story pool house. 13 In late 2021, Philadelphia real estate developer Michael Karp purchased the property for a whopping $118.5 million, the second-most expensive home sale witnessed in the Hamptons.](https://whatsnew2day.com/wp-content/uploads/cwv-webp-images/2024/06/1717832620_465_The-sprawling-24-bedroom-waterfront-estate-in-the-Hamptons-hits-the.jpg.webp)
In late 2021, Philadelphia real estate developer Michael Karp purchased the property for a whopping $118.5 million, the second-most expensive home sale witnessed in the Hamptons.
![The sprawling 24-bedroom waterfront estate in the Hamptons hits the market for a staggering $100 MILLION, with its own private dock, movie theater and two-story pool house. 15 The estate is perfectly maintained, boasting a wealth of modern facilities and finished to an enviably high standard.](https://whatsnew2day.com/wp-content/uploads/cwv-webp-images/2024/06/1717832620_512_The-sprawling-24-bedroom-waterfront-estate-in-the-Hamptons-hits-the.jpg.webp)
The estate is perfectly maintained, boasting a wealth of modern facilities and finished to an enviably high standard.
![The sprawling 24-bedroom waterfront estate in the Hamptons hits the market for a staggering $100 MILLION, with its own private dock, movie theater and two-story pool house. 17 Among the extensive grounds, highlights include a pergola, moat and fire pit.](https://whatsnew2day.com/wp-content/uploads/cwv-webp-images/2024/06/1717832621_372_The-sprawling-24-bedroom-waterfront-estate-in-the-Hamptons-hits-the.jpg.webp)
Among the extensive grounds, highlights include a pergola, moat and fire pit.
![The sprawling 24-bedroom waterfront estate in the Hamptons hits the market for a staggering $100 MILLION, with its own private dock, movie theater and two-story pool house. 19 The area is said to be](https://whatsnew2day.com/wp-content/uploads/cwv-webp-images/2024/06/1717832621_730_The-sprawling-24-bedroom-waterfront-estate-in-the-Hamptons-hits-the.jpg.webp)
The area is said to be “wonderful for small boating, rowing, kayaking, windsurfing and is next to a public beach.”
![The sprawling 24-bedroom waterfront estate in the Hamptons hits the market for a staggering $100 MILLION, with its own private dock, movie theater and two-story pool house. 21 For sports lovers, there is an indoor basketball court, a swimming pool and a professional-grade gym.](https://whatsnew2day.com/wp-content/uploads/cwv-webp-images/2024/06/1717832621_472_The-sprawling-24-bedroom-waterfront-estate-in-the-Hamptons-hits-the.jpg.webp)
For sports lovers, there is an indoor basketball court, a swimming pool and a professional-grade gym.
![The sprawling 24-bedroom waterfront estate in the Hamptons hits the market for a staggering $100 MILLION, with its own private dock, movie theater and two-story pool house. 23 The elegant outdoor pool offers magnificent views of the water with plenty of lounge seating among the manicured gardens.](https://whatsnew2day.com/wp-content/uploads/cwv-webp-images/2024/06/1717832621_714_The-sprawling-24-bedroom-waterfront-estate-in-the-Hamptons-hits-the.jpg.webp)
The elegant outdoor pool offers magnificent views of the water with plenty of lounge seating among the manicured gardens.
![The sprawling 24-bedroom waterfront estate in the Hamptons hits the market for a staggering $100 MILLION, with its own private dock, movie theater and two-story pool house. 25 Access to the property is through an imposing tree-lined avenue behind a double wrought iron gate.](https://whatsnew2day.com/wp-content/uploads/cwv-webp-images/2024/06/1717832622_162_The-sprawling-24-bedroom-waterfront-estate-in-the-Hamptons-hits-the.jpg.webp)
Access to the property is through an imposing tree-lined avenue behind a double wrought iron gate.
![The sprawling 24-bedroom waterfront estate in the Hamptons hits the market for a staggering $100 MILLION, with its own private dock, movie theater and two-story pool house. 27 The property offers plenty of acreage, giving future owners room to get creative with outdoor activities, sports, and games.](https://whatsnew2day.com/wp-content/uploads/cwv-webp-images/2024/06/1717832622_382_The-sprawling-24-bedroom-waterfront-estate-in-the-Hamptons-hits-the.jpg.webp)
The property offers plenty of acreage, giving future owners room to get creative with outdoor activities, sports, and games.
![The sprawling 24-bedroom waterfront estate in the Hamptons hits the market for a staggering $100 MILLION, with its own private dock, movie theater and two-story pool house. 29 The beautiful property sits right on the water and offers magnificent views in all living spaces.](https://whatsnew2day.com/wp-content/uploads/cwv-webp-images/2024/06/1717832622_828_The-sprawling-24-bedroom-waterfront-estate-in-the-Hamptons-hits-the.jpg.webp)
The beautiful property sits right on the water and offers magnificent views in all living spaces.
![The sprawling 24-bedroom waterfront estate in the Hamptons hits the market for a staggering $100 MILLION, with its own private dock, movie theater and two-story pool house. 31 Preston Kaye, co-founder of Hedgerow Exclusive Properties, which currently owns the property, said:](https://whatsnew2day.com/wp-content/uploads/cwv-webp-images/2024/06/1717832623_986_The-sprawling-24-bedroom-waterfront-estate-in-the-Hamptons-hits-the.jpg.webp)
Preston Kaye, co-founder of Hedgerow Exclusive Properties, which currently owns the property, said: “It presents a once-in-a-lifetime opportunity to own one of the largest complexes in all of the Hamptons.”
But now they are back on the market together as a composite house.
Preston Kaye, co-founder of Hedgerow Exclusive Properties, which currently owns the listing, shared with Realtor: ‘(The property) presents a once-in-a-lifetime opportunity to own one of the largest complexes in all of the Hamptons.
“Rarely does a compound of this size and scale exist in water, much less reach the public market.
“Mecox Bay is wonderful for small boating, rowing, kayaking, windsurfing and is next to a public beach.”