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, heating and air conditioning to the electrical connections. They finished the third floor and lower level, added a garage and built an atrium dining room in the southeast wing. There are now three dining spaces: a formal dining room, an informal dining room and a breakfast room. Landscape architect Edmund Hollander was brought in to restore the gardens and add layers of evergreen landscape for privacy.
The main event of the 22,000-square-foot under-taking, which includes the renovated carriage house and separate gatehouse for the asking price of $49.5 million, was the restoration of the three-story spiral staircase in the entrance foyer. “The transformation is completely done now, and that is the key,” said Tim Davis, associate broker with The Corcoran Group. “50 many buyers today want to move in without any work – whether it is new construction or a renovation. Here, they know the owner hired a highly regarded architect and builder, who were involved for many years, to make this home great again. To have this kind of water frontage of over 1,000 feet with a dock and a guest house and a pool – which does not block the natural water views – is special.”