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Rare Opportunity to Own Modern Waterfront Mansion on Long Island Sound to be Auctioned by Elite Auctions on October 27, 2018

October 11, 2018

SANDS POINT, N.Y.--(BUSINESS WIRE)--Oct 11, 2018--88 Old House Lane is an eight-bedroom, thirteen-bath architecturally significant estate located in Sands Point, a highly coveted hamlet on the North Shore of Long Island, commonly referred to as having inspired the setting of “The Great Gatsby” and many of F. Scott Fitzgerald’s other works . Offering over 15,000 square feet of living space and encompassing close to four stunning acres with its own private beach, this postmodern masterpiece will be sold at auction by Elite Auctions without reserve on October 27, 2018.

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88 Old House Lane, an architectural gem on the Long Island Sound (Photo: Business Wire)

“88 Old House Lane’s award-winning architecture, picturesque views of the Long Island Sound and impeccable design are only a few aspects that distinguish it as a rare gem in the sought-after enclave of Sands Point,” said Randy Haddaway, Founder and CEO of Elite Auctions. “With state-of-the-art reclaimed water, solar systems and geothermal heating and cooling, this home is one of the largest green homes in the nation, and upon entering the gated driveway, the architecture and sweeping views are completely breathtaking.”

Set on 3.7 waterfront acres and with 16,000 square feet of interiors, this three-story home boasts steel floating staircases, mahogany accents, Italian porcelain floors and walls of glass. The modern design creates an open, light-filled, alluring ambiance throughout its twenty-one rooms and all the way up to its Manhattan-style rooftop deck. Built in 2016, the home offers ample living space with eight bedrooms, nine full bathrooms and four half baths. Fireplaces in the family room, tea room, billiards room and four bedrooms spread warmth throughout. The home also features three kitchens, which include one Eggersman designed kitchen, a working kitchen with Gaggenau, Miele, and Sub-Zero appliances, and an outdoor kitchen.

As one of the most advanced homes in the nation, this home has been recognized with numerous design and sustainability awards, including accolades from AIA as “Sustainable House of the Year Award” as well as design recognition from HOUZZ and Ceramics of Italy. As a LEED Certified property, it features liquid organic roofing system by Kemper, radiant floor heating system, a closed-loop geothermal heating and cooling system, rainwater harvesting, and closed cell foam insulation. Additionally, the property has a Kohler 100-kW LP/NAT gas residential generator that has the capability to power all interior and exterior systems. Atop the roof, the deck has been designed as a “green” space with numerous plants and soil to prevent the rooftop from absorbing sunlight heat, ultimately reducing cooling costs and conserving energy use.

In addition to the advanced, eco-friendly design, this home boasts numerous smart-home features that far exceed the standard ones found in homes today. With SONOS audio technology wired in every single room and even down to the private beach, this property is an entertainer’s dream. Upon entering the lower level, the expansive space is a sports haven with a seating area overlooking the Olympic size indoor squash court that also doubles as basketball court, a home theater that also converts to a top-of-the-line golf simulator by About Golf, an indoor pool and waterfall that cascades into the Jacuzzi, a resort-like spa and sauna, a billiards room with a wet bar, wine cellar, and safe room.

The home also features endless outdoor living spaces with four terraces and a rooftop deck that showcases spectacular views of the Long Island Sound and two of the seven tee boxes overlooking the three par golf green and putting green. For gatherings of family and friends, the property is perfectly positioned to enjoy the sunrise and hosting sunset soirees at the more than one-hundred-fifty yards of private beach. Additional outdoor spaces include a quarter mile jogging and walking track, an outdoor sculpture garden, and a private walkway to the beach. Fit for hosting small and large gatherings, the home also comes equipped with an attached 1386-square-foot five-car garage and grass paver areas; the home can easily accommodate more than 25 cars and up to 60 with valet.

The home’s modern architecture and impressive grounds have made it a popular location for notable film, TV and music shoots, including NBC’s “The Blacklist,” Showtime’s “The Affair” and a Two Chainz music video production. Located only twenty miles from Manhattan, Sands Point is the perfect retreat just outside the city.

88 Old House Lane is open to prospective buyers to view each Saturday and Sunday from 1:00 p.m. to 4:00 p.m. until the auction on October 27th. The last scheduled preview will be held the day before the auction on Friday, October 26th, 2018, starting at noon until 4:00 p.m. Additional private tours are also available by calling Elite Auctions at 844.94-ELITE.

The auction will be held on-site at 88 Old House Lane, Sands Point, New York, on Saturday, October 27, 2018, at 11:00 a.m., with registration beginning at 9:00 a.m. EDT. Bids will also be accepted via the Elite Auctions live bidding mobile application. Download the mobile app for iPhone at http://apple.co/2r20PLE or for Android at https://play.google.com/store/apps. The app can also be downloaded by visiting the App Store on an iOS or Google Play-supported smartphone. Broker participation is invited.

For additional information on this auction, as well as other Elite Auctions sales, please call 844.94-ELITE, email info@eliteauctions.com or visit www.EliteAuctions.com.

About Elite Auctions

Elite Auctions is a full-service, luxury real estate marketing company that bases its sales strategy on a collaborative team of partners and an accelerated sales process across the United States and internationally. Elite’s Founder and CEO, Randy Haddaway, is a former full-service advertising agency executive and former Senior Vice President of a prominent real estate auction firm, and has built a team that is directly responsible for over $330,000,000 in sales in just a 3 year period with over $1 billion in advisory marketing services. For more information, call 844.94-ELITE.

View source version on businesswire.com:https://www.businesswire.com/news/home/20181011005173/en/

CONTACT: Elite Auctions

Tara McLean, 508-942-3769




SOURCE: Elite Auctions

Copyright Business Wire 2018.

PUB: 10/11/2018 06:00 AM/DISC: 10/11/2018 06:01 AM


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