A two-parcel residential compound in East Hampton, New York, that has been associated with the art world in recent decades is on the market for $11.8 million.
The two adjacent properties, one on Darby Lane and the other on Georgica Road, offer a combined 9,100 square feet of interior living space as well as 3.3 acres of land dotted with beautiful specimen trees, a greenhouse, gardens, detached garages and a heated pool, according to listing agent Martha Gundersen of Brown Harris Stevens.
Both homes were designed by Alexander Gorlin, a predecessor of modern barn architecture.
"The homes, while conveniently located about one mile from the ocean beach and the East Hampton village shopping, have an old-world, European charm to them," Ms. Gundersen said.
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The current owner, Diane Recanati, 90, whose paintings and sculptures have been exhibited in institutions such as Israel Museum and National Arts Club in New York, acquired the properties in the 1990s with her late husband Raphael Recanati, who served as chairman of the Overseas Shipholding Group and the Israel Discount Bank, according to property records.
Ms. Recanati wasn’t immediately available for comment. She’s selling the compound because she spends most of her time in Manhattan and doesn’t visit the Hamptons much anymore, according to Ms. Gundersen.
Before the Recanatis, the home on Darby Lane belonged to art collector Richard Ekstract, according to Ms. Gundersen. It comes with four bedrooms, seven bathrooms, a grand living room with fireplace, media room, eat-in kitchen and formal dining room. The Romanesque pool with grotto and some of the specimen trees on the parklike ground were from the original 1920s estate of Major Weaver (S. Fullerton Weaver, partner of architecture firm Schultze & Weaver, which was behind The Grand Central Terminal, The Park Lane Hotel, The Pierre Hotel and the Sherry-Netherland) ) known as Spencecliff, according to Ms. Gundersen.
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The one on Georgica Road, which Ms. Recanati is using as her art studio and living accommodations for caretakers, was previously owned by Tony Award-winning actress Phyllis Newman and her husband Adolph Green, who co-wrote the iconic song "Singin’ in the Rain," according to Ms. Gundersen and property records.
Although the two properties can be purchased separately for $6.9 million (Darby Lane) and $4.9 million (Georgica Road), Ms. Gundersen said it would be ideal for someone to take over the compound altogether.
"The prices are reasonable enough, the buyer can potentially build a big new house on them," she said.
Curbed first reported the listing.