Sandcastle, an exclusive Bridgehampton property in the Hamptons, which has been listed for rental at $1 million a month, has officially gone on the market.
The spectacular home, which has hosted celebrity guests has a price tag of $49,995,000.
According to Bespoke Real Estate, The 11.5-acre estate, which has now been listed by Bespoke Real Estate, is described as epitomizing “the very finest in East End luxury living, with every detail and amenity one could desire.” The property is protected by a secure gate that leads to a private hedge-lined drive. A three-story structure, Sandcastle has more than 17,000 square feet of space and is considered “a private escape and an entertainer’s paradise.”
The Hamptons property offers a variety of recreational options, including a sunken tennis court, a gunite pool with underwater stereo, an oversized hot tub, a full outdoor kitchen, a basketball court, a baseball field and last but not least, a tree house.
The interior is exquisitely designed and features an elevator to all three floors, as well as an elegant main staircase, a custom 10-seat theatre with interactive seating, a planetarium, and a concession area. The gourmet kitchen, which includes its own fireplace, is equipped with top-of-the-line appliances, a walk-in refrigerator, and two seating areas.
The second floor includes a 2,000 square foot master suite with a sitting room, a wet bar, a powder room, a master bath with onyx slabs, and a terrace with an outdoor shower. On the lower level, visitors will find an extensive entertainment area that includes a two-lane bowling alley with full bar, a disco and media area, a full wine cellar, a fitness center, a rock climbing wall, a skateboarding half-pipe, a DJ booth, a virtual sports area and a private spa suite.
The breathtaking home was built by renowned developer Joe Farrell and was previously listed in 2013 for $43.5 million but ultimately was not sold. According to Farrell, “When I finished it, friends and brokers said it was the best house in the Hamptons … So, I put it on the market for a while, but not seriously,” however, “We’re really moving this time.”
Farrell, who has lived in the home for eight years — the longest time he has ever spent in one house for Farrell — has decided to downsize. “We’re building something more modern and manageable,” he said.