$3,900,000
SOLD OCT 11, 2024

39 Lumber Ln East Hampton, NY 11937

2 Beds
6 Baths
-- Sq Ft
0.36 Acres

Recently Sold

21% Below List Price

71 Days on Market

Highlights

  • Post and Beam
  • Corner Lot
  • Forced Air Heating and Cooling System
  • 2 Fireplaces

About This Home

As of October 2024

Historically significant mixed-use property in the heart of Bridgehampton, with a carefully restored exterior and completely rebuilt interior featuring state-of-the-art tech capabilities, an array of office/residential layout options, and luxurious high-end finishes. Zoned commercial as a converted residence, the property allows for simultaneous commercial and residential use. It is currently configured with two floors dedicated to office space, a separate two-bedroom three-bathroom apartment on the second floor, and a personal gym on the third floor. The office area includes a conference room, multiple desk/seating areas, a large reception lounge, and a private office with fireplace. A separate kitchen, locker room, washer/dryer, and one full and two half bathrooms are also located in the office area. The upstairs residence is composed of two bedrooms, each with an ensuite bathroom, its own eat-in kitchen, a third full bathroom, a laundry room, and a living room with gas fireplace. No expense was spared for the interior finishes selected by Thomas O'Brien of Aero Studios: wide-plank hardwood floors, detailed molding and millwork, exquisite hardware and marble finishes, and high-end kitchen appliances. Upgrades include central air and gas heat, a 100kw backup generator, an elevator, and an entry ramp. Safety features include a fully sprinklered interior, security system, gated entry and fully fenced perimeter, and defibrillators. Outside, there is plentiful on-site parking, all situated within the parklike grounds that afford complete privacy. Built circa 1830 and known as the "Captain William Topping House," the property is a true Bridgehampton landmark and is perfectly positioned to serve as a prized live/work local office, a satellite office, and/or a business continuity site.

Last Agent to Sell the Property

James Buttry

Douglas Elliman Real Estate Brokerage Phone: 631-283-4343 License #10301207041 Listed on: 05/29/2024

Douglas Elliman Real Estate

Last Buyer's Agent

James Buttry

Douglas Elliman Real Estate Brokerage Phone: 631-283-4343 License #10301207041 Listed on: 05/29/2024

Douglas Elliman Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,971

Year Built

  • Built in 1830 | Remodeled in 2009

Lot Details

  • 0.36 Acre Lot
  • Corner Lot

Home Design

  • Post and Beam
  • Farmhouse Style Home
  • Cedar

Interior Spaces

  • 3-Story Property
  • 2 Fireplaces
  • Insulated Windows
  • Finished Basement

Bedrooms and Bathrooms

  • 2 Bedrooms

Parking

  • Private Parking
  • Off-Street Parking

Schools

  • Bridgehampton Elementary And Middle School
  • Bridgehampton High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Cesspool

Listing and Financial Details

  • Legal Lot and Block 35 / 1
  • Assessor Parcel Number 0900-071-00-01-00-035-000

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,971

Year Built

Built in 1830 | Remodeled in 2009

Lot Details

0

Listing Details

  • Property Type: Residential
  • Architectural Style: Farmhouse
  • Property SubType: Single Family Residence
  • Levels: Three Or More
  • Year Built: 1830
  • New Construction: No
  • Year Built Effective: 2009
  • Attribution Contact: 631-283-4343
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2009

Interior Features

  • Living Area Units: Square Feet
  • Fireplaces: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Half Bathrooms: 2
  • Basement: Finished
  • Total Bedrooms: 2
  • Fireplace: Yes
  • Window Features: Insulated Windows
  • AtticDescription: Finished
  • NumberOfKitchens: 1

Exterior Features

  • Construction Materials: Post and Beam, Cedar
  • FloodZoneReportYN: 1

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Private, Off Street

Utilities

  • Cooling: Central Air
  • Cooling: Yes
  • Heating: Natural Gas, Forced Air
  • Sewer: Cesspool
  • Water Source: Public
  • Hot Water: Gas Stand Alone

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Bridgehampton School

Lot Info

  • Lot Size Acres: 0.36
  • Lot Size Area: 0.36
  • Lot Dimensions: .36
  • Lot Size Sq Ft: 15682
  • Lot Size Units: Acres
  • Lot Features: Corner Lot
  • Parcel Number: 0900-071-00-01-00-035-000
  • Property Attached: No
  • ResoLotSizeUnits: Acres
  • FloodZoneDate: 2024-05-30

Rental Info

  • Lease Considered: No

Tax Info

  • Tax Annual Amount: 5971
  • Tax Block: 1
  • Tax Lot: 35
  • Tax Map Number: 0900-071-00-01-00-035-000

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
May 29, 2024
Closed on
Oct 8, 2024
Sold by
Mdb Management Llc
Bought by
Bh 39 Llc
Seller's Agent
James Buttry
Douglas Elliman Real Estate
Buyer's Agent
James Buttry
Douglas Elliman Real Estate
List Price
$4,950,000
Sold Price
$3,900,000
Premium/Discount to List
-$1,050,000
-21.21%
Total Days on Market
71
Views
6
Current Estimated Value
$1,384,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,515,558

Purchase Details

Closed on
Jan 22, 2004
Sold by
Loper Llc
Bought by
Lumber Lane Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
5.65%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 1, 2002
Sold by
Tiska Gail O
Bought by
Loper Llc

Purchase Details

Closed on
Feb 29, 2000
Sold by
White Merritt B
Bought by
Tiska Gail O
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $398,000 None Available
Deed $398,000 None Available
Bargain Sale Deed $812,000 --
Bargain Sale Deed $812,000 --
Quit Claim Deed -- --
Quit Claim Deed -- --
Bargain Sale Deed $427,000 First American Title Ins Co
Bargain Sale Deed $427,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $750,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2024 10/11/24 Sold $3,900,000 0.0% --
06/13/2024 06/13/24 Off Market $3,900,000 -- --
05/29/2024 05/29/24 For Sale $4,950,000 -- --
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
2023 -- $1,532,100 $934,000 $598,100
2022 $5,805 $1,532,100 $934,000 $598,100
2021 $5,805 $1,532,100 $934,000 $598,100
2020 $5,583 $1,532,100 $934,000 $598,100
2019 $5,583 $0 $0 $0
2018 -- $1,532,100 $871,700 $660,400
2017 $5,593 $1,532,100 $934,000 $598,100
2016 $5,805 $1,532,100 $934,000 $598,100
2015 -- $1,532,100 $934,000 $598,100
2014 -- $1,532,100 $934,000 $598,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY3554924

OneKey® MLS

APN: 0900-071-00-01-00-035-000