Located on Gin Lane in Southampton, The Estate Enters the Auction with Six Bidders; Bidding Continues Online & Closes Live at Sotheby’s New York on 24 January
— Chad Roffers, founder and CEO of Concierge Auctions
NEW YORK, NEW YORK, USA, January 18, 2024 /EINPresswire.com/ — Concierge Auctions announces bidding opened today at $66 million in aggregate bids, with six bidders competing early to own ‘La Dune’, highly revered as one of the Hamptons’ most iconic estates. Previously listed at $150 million and once the most expensive listing ever in the Southampton area of Long Island, New York, 366 & 367 Gin Lane encompasses two remarkable residences on over four acres and is being offered separately or collectively via Concierge Auctions in partnership with Harald Grant of Sotheby’s International Realty, Tim Davis of The Corcoran Group, and Cody Vichinsky, President and Founding Partner of Bespoke Real Estate.
Bidding will continue online through 24 January, and will close live at 4pm ET at Sotheby’s New York as part of its “Visions of America” sale, a showcase of fine art and luxury as a fitting tribute to American craftsmanship and culture. A groundbreaking event, this is the first time Concierge Auctions real estate will be auctioned live alongside art at Sotheby’s.
“As the world’s leading luxury property auctioneer, we deal in real market value—the definition of what something is worth being what a group of qualified bidders are willing to pay for it—which makes the bidding opening for ‘La Dune’ an exciting, once-in-a-lifetime opportunity,” said Chad Roffers, founder and CEO of Concierge Auctions.
Renowned as the epitome of seaside luxury in the Hamptons, ‘La Dune’ is a masterpiece, inspired by architect Stanford White, with unparalleled beach access and breathtaking ocean views. The main house offers more than 11,000 square feet including 10 bedrooms, eight bathrooms, and staff quarters. The second residence, a separate structure built in 2001 by the esteemed architect and French designer Francois Cartroux, was carefully created to mirror the style and proportions of the main house. Both residences share similar design elements and are equipped with gyms and saunas, while the second residence adds the home theater and billiards room to its list of amenities.
As the world’s largest luxury real estate marketplace, Concierge Auctions is no stranger to selling exceptional properties. The firm holds the world record for the most expensive residence ever sold at auction and the highest sale for any property listed in all of 2022, a sprawling California estate known as ‘The One’, which the firm sold for $141 million.
Images of ‘La Dune’ may be viewed here. All photo credits for photos labeled 9, 12, 15 and 17 should be provided to Concierge Auctions / Rich Taverna. All photo credits for photos 1, 3, 27 and 54 should be provided to Concierge Auctions / Gavin Zeigler.
The property is available for private showings by appointment, in person or virtually.
As part of Concierge Auctions’ Key for Key® giving program in partnership with Giveback Homes, the closing will result in funding towards building a new home for a family in need.
Agents will be compensated according to the terms and conditions of the Listing Agreement. See Auction Terms and Conditions for full details.
For more information, including property details, diligence documents, and more, visit ConciergeAuctions.com or call +220.127.116.1140.
About Concierge Auctions
Concierge Auctions is the world’s largest luxury real estate auction marketplace, with a state-of-the-art digital marketing, property preview, and bidding platform. The firm matches sellers of one-of-a-kind homes with some of the most capable property connoisseurs on the planet. Sellers gain unmatched reach, speed, and certainty. Buyers receive curated opportunities. Agents earn their commission in 30 days. Acquired by Sotheby’s, the world’s premier destination for fine art and luxury goods, and Anywhere Real Estate, Inc (NYSE: HOUS), the largest full-service residential real estate services company in the United States, Concierge Auctions continues to operate independently, partnering with real estate agents affiliated with many of the industry’s leading brokerages to host luxury auctions for clients. For Sotheby’s International Realty listings and companies, Concierge Auctions provides Sotheby’s brand exclusivity as Sotheby’s Concierge Auctions. Since inception in 2008, the firm has generated billions of dollars in sales, broken world records for the highest-priced homes ever sold at auction and conducted auctions in 46 U.S. states and 38 countries. The firm owns one of the most comprehensive and intelligent databases of high-net-worth real estate buyers and sellers in the industry, and it has committed to build more than 300 homes through its Key For Key® giving program in partnership with Giveback Homes, which funds new homes for families in need from every property the company sells. For more information, visit ConciergeAuctions.com.
About Sotheby’s International Realty
Sotheby’s International Realty was founded in 1976 as a real estate service for discerning clients of Sotheby’s auction house. Today, the company’s global footprint spans more than 1,100 offices located in 83 countries and territories worldwide, including 49 company-owned brokerage offices in key metropolitan and resort markets. In February 2004, Anywhere Real Estate Inc. entered a long-term strategic alliance with Sotheby’s, the operator of the auction house. The agreement provided for the licensing of the Sotheby’s International Realty name and the development of a franchise system. The franchise system is comprised of an affiliate network, where each office is independently owned and operated. Sotheby’s International Realty supports its affiliates and agents with a host of operational, marketing, recruiting, educational and business development resources. Affiliates and agents also benefit from an association with the venerable Sotheby’s auction house, established in 1744. For more information, visit www.sothebysrealty.com.
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