NOT LISTED FOR SALE

279 Mitchell Ln Bridge Hampton, NY 11932

Estimated Value: $5,611,000 - $11,605,625

7 Beds
12 Baths
9,591 Sq Ft
$898/Sq Ft Est. Value

Last Sold May 29, 2024

Last sale price $11,000,000 $1,147 Per Sq Ft

Est. 22% decrease in value since last sale

Current estimated payment $53,710/month

638 Days on Market

Highlights

  • New Construction
  • Sauna
  • Wood Flooring
  • In Ground Pool
  • Cathedral Ceiling
  • Main Floor Primary Bedroom

About This Home

As of May 2024

Located in the heart of Bridgehampton, this new construction 9,591sqft modern residence was just completed in July 2023. Designed by the collaboration of Architect, John C Gramlich & Master Builder BJC Custom Home Builders is the perfect balance of luxurious elegance and convenience totaling 7 bedrooms with 9 full bathrooms and 3 half bathrooms, elevator, 3-bars and 6 fireplaces in total, of which two are outdoor. Surrounded by agricultural reserve farmland, this seven bedroom, nine full bathroom and three-half bathroom contemporary oasis is the quintessential Hamptons compound. The rear yard features a 20' by 50' heated gunite pool and spa, with shallow lounge area. The outdoor cabana overlooks the pool and features a full bathroom, outdoor shower, outdoor kitchen and outdoor fireplace for seamless indoor and outdoor entertaining. To complete your prestigious Hamptons compound, the main residence rooftop deck features stunning views of the grounds and all its amenities.

Last Agent to Sell the Property

Thomas Cavallo

Douglas Elliman Real Estate Brokerage Phone: 631-725-0200 License #10401239071 Listed on: 06/17/2022

Douglas Elliman Real Estate

Last Buyer's Agent

Romaine Gordon

Saunders & Associates License #10401255968

Saunders & Associates

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2023 | New Construction

Lot Details

  • 0.93 Acre Lot
  • Partially Fenced Property

Parking

  • 4 Car Detached Garage

Home Design

  • Modern Architecture
  • Frame Construction

Interior Spaces

  • 9,591 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Cathedral Ceiling
  • 2 Fireplaces
  • Entrance Foyer
  • Formal Dining Room
  • Den
  • Storage
  • Sauna
  • Eat-In Kitchen
  • Home Gym
  • Wood Flooring
  • Finished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary Bedroom on Main
  • Walk-In Closet
  • Powder Room

Outdoor Features

  • In Ground Pool
  • Balcony
  • Patio

Schools

  • Bridgehampton Elementary And Middle School
  • Bridgehampton High School

Utilities

  • Central Air
  • Well
  • Septic Tank

Listing and Financial Details

  • Legal Lot and Block 4 / 1
  • Assessor Parcel Number 0900-068-00-01-00-004-005

Home Details

Home Type

Single Family

Year Built

Built in 2023 | New Construction

Lot Details

0

Parking

4

Listing Details

  • Property Type: Residential
  • Architectural Style: Modern
  • Property SubType: Single Family Residence
  • Levels: Three Or More
  • Year Built: 2023
  • New Construction: Yes
  • Attribution Contact: 631-725-0200
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Interior Amenities: Master Downstairs, First Floor Bedroom, Cathedral Ceiling(s), Den/Family Room, Eat-in Kitchen, Exercise Room, Formal Dining, Entrance Foyer, Powder Room, Sauna, Storage, Walk-In Closet(s), Wet Bar
  • Living Area Units: Square Feet
  • Fireplaces: 2
  • Flooring: Hardwood
  • Common Walls: No Common Walls
  • Full Bathrooms: 9
  • Half Bathrooms: 3
  • Basement: Finished, Full
  • Total Bedrooms: 7
  • Fireplace: Yes
  • Living Area: 9591
  • AtticDescription: Partial
  • SquareFootage: 9591.00
  • SquareFootageSource: Floor Plan
  • NumberOfKitchens: 1

Exterior Features

  • Construction Materials: Frame
  • Fencing: Partial
  • Pool Features: In Ground
  • Pool Private: Yes
  • Exterior Features: Balcony
  • Patio and Porch Features: Patio
  • FloodZoneReportYN: 0

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 4
  • Garage: Yes
  • Parking Description: Private, Detached, 4+ Car Detached

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Other, See Remarks
  • Sewer: Septic Tank
  • Water Source: Well
  • Hot Water: None

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Bridgehampton School

Lot Info

  • Lot Size Acres: 0.93
  • Lot Dimensions: .93
  • Lot Size Sq Ft: 40511
  • Lot Size Units: Acres
  • Parcel Number: 0900-068-00-01-00-004-005
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Considered: No

Tax Info

  • Tax Block: 1
  • Tax Lot: 4
  • Tax Map Number: 0900-068-00-01-00-004-005

MLS Schools

  • Elementary School: Bridgehampton School
  • High School: Bridgehampton School
  • Middle School District: Bridgehampton

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 17, 2022
Closed on
May 17, 2024
Sold by
Michell Ln Brg Hampto Llc
Bought by
Francis Dominic Cerrito T and Francis Cerrito
Seller's Agent
Thomas Cavallo
Douglas Elliman Real Estate
Buyer's Agent
Romaine Gordon
Saunders & Associates
List Price
$11,995,000
Sold Price
$11,000,000
Premium/Discount to List
-$995,000
-8.3%
Views
943
Current Estimated Value
$8,608,313

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,391,687
Avg. Annual Appreciation
-14.29%

Purchase Details

Closed on
Feb 18, 2022
Sold by
Thomas G Kindel T G and Thomas Davis
Bought by
Mitchell Ln Bridgeham Llc

Purchase Details

Closed on
May 21, 2019
Sold by
Bank Of America Na
Bought by
Thomas G Kindel 2019 T G and Thomas Davis

Purchase Details

Closed on
Dec 18, 2002
Sold by
Fiduciary Realty Holdings and Standard Federal Wealth Management
Bought by
The Mary Kindel Libby Trust and Standard Federal Wealth Management
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Francis Dominic Cerrito T $11,000,000 None Available
Mitchell Ln Bridgeham Llc $3,500,000 None Available
Thomas G Kindel 2019 T G -- --
The Mary Kindel Libby Trust -- First American Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2024 05/30/24 Off Market $11,000,000 -- --
05/29/2024 05/29/24 Sold $11,000,000 -8.3% $1,147 / Sq Ft
03/15/2024 03/15/24 Pending -- -- --
01/08/2024 01/08/24 For Sale $11,995,000 +9.0% $1,251 / Sq Ft
12/31/2023 12/31/23 Off Market $11,000,000 -- --
10/20/2023 10/20/23 Price Changed $11,995,000 -7.7% $1,251 / Sq Ft
06/27/2023 06/27/23 For Sale $12,995,000 +18.1% $1,355 / Sq Ft
06/16/2023 06/16/23 Off Market $11,000,000 -- --
05/03/2023 05/03/23 Price Changed $12,995,000 +8.3% $1,355 / Sq Ft
06/16/2022 06/16/22 For Sale $12,000,000 -- $1,251 / Sq Ft
Source: OneKey® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 -- $8,235,200 $1,486,100 $6,749,100
2023 -- $3,597,600 $1,486,100 $2,111,500
2022 $5,856 $1,969,200 $1,486,100 $483,100
2021 $5,856 $1,969,200 $1,486,100 $483,100
2020 $7,112 $1,969,200 $1,486,100 $483,100
2019 $7,112 $0 $0 $0
2018 -- $1,918,100 $1,486,100 $432,000
2017 $5,916 $1,639,500 $1,207,500 $432,000
2016 $5,860 $1,565,200 $1,133,200 $432,000
2015 -- $1,565,200 $1,133,200 $432,000
2014 -- $1,565,200 $1,133,200 $432,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3409038

OneKey® MLS

APN: 0900-068-00-01-00-004-005