Another Water Mill estate, this one directly on Mecox Bay, was built in 1919 and recently underwent a massive five-year-long restoration. Now comprising 11 bedrooms and 15 bathrooms, the massive structure combines turn-of-the-century splendor, complete with grand entertaining rooms, with the latest 21st century technology installed by a team of designers and architects, who replaced just about everything inside, from the plumbing,...
Read MoreThe view from Sagg Main Street in Sagaponack, N.Y., captures the Hamptons generally: new houses going up, often in place of old ones. One veteran builder estimates that “90 percent of buyers prefer new.” Adam Macchia for The New York Times In the Hamptons, where million-dollar vacation homes are snapped up like flea-market finds and $10 million spec homes are in such high demand that their developers could moonlight as fortunetellers...
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