Stunning Modern $42.5M Hamptons Estate Sells

BRIDGEHAMPTON, NY — A stunning modern oceanfront home listed for $42.5 million in Bridgehampton closed "very near" to its asking price Thursday, according to Douglas Elliman Real Estate.

The home, located at 263 Surfside Drive, is a 7,360 square foot masterpiece designed by Barnes Coy Architects features seven bedrooms, eight baths and two powder rooms; an outdoor living space featuring an an infinity-edge Gunite pool, spa, pool house, roof deck with outdoor kitchen, pizza oven, bar and a pair of outdoor televisions; and panoramic views of Sag Pond and the Atlantic Ocean — all sited on 1.42 beachfront acres, Douglas Elliman said.

"The ocean can be seen and heard from essentially anywhere on the property, creating an atmosphere of absolute paradise," a listing said.

According to an article in the New York Post, the home was sold by natural gas billionaire Michael S. Smith and his wife, Iris; the home was reportedly the smaller of the pair's two East End abodes, with the couple purchasing a $110 million property in East Hampton in 2016, the New York Post said.

Other features of the beautiful space include floor to ceiling pure glass windows and doors throughout, which create a flood of natural light; the upstairs boasts expansive living spaces with unparalleled ocean views. The B and B Italia kitchen includes everything needed for the ultimate cooking experience. All bathrooms in the home are equipped with custom limestone sinks and Boffi fixtures, as well modern and open showers, with no detail left ignored, Douglas Elliman said.

Also included is a private walkway to the beach and, attached to the home, an additional 6,000 square feet of deck and entertainment space and an unrivaled flow of indoor and outdoor living that can only be found on the ocean, the listing said. "Located in one of the Hamptons' most desirable neighborhoods, the home truly has it all. The modern beauty of the house in combination with the breathtaking water views creates something that is not to be missed."

The off-market sale was brokered by Eileen O'Neill of Douglas Elliman and Ryan Serhant of Nest Seekers.