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Wednesday, February 15, 2006

Real Estate Quiz

Summer is coming, and perhaps you are thinking of buying a second home.  Delivered with today's New York Times is a 132-page glossy magazine from Allan Schneider Associates with properties for sale or rent in the Hamptons, Shelter Island, and the North Fork of Long Island.  The prices range from $400,000 to the tens of millions, but the most exciting properties are the ones that only provide "price upon request."

I thought it might be fun to take a guess at the prices for three of the properties in the Allan Schneider booklet:

  • Three Ponds Farm, which includes an 18-hole golf course and 14 gardens
  • "Paradise Found," the listing for a English county manor house (with three-bedroom guest house) in Sagaponack
  • Longview, a majestic Gin Lane Georgian estate with staff quarters and a screening room

Take a look and take a guess in the comments.  I'll contact the brokers and provide an update with the actual prices.

UPDATE:  Answers below the fold.

Three Ponds Farm:  $75 million

"Paradise Found": $14.995 million

Longview: $35 million

Posted by Matt Bodie on February 15, 2006 at 03:12 PM in Property | Permalink

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Comments

Ouch! Those are very expensive properties. Come to Kentucky and you can buy a phenomenal horse farm for that amount of money. Start your search now at www.KYHorseProperties.com www.KYHorseChat.com www.KYHorseBlog.com You can find lots of information on real estate and land there.

Posted by: Malok | Jun 17, 2007 5:32:36 PM

Obviously I have been away from Long Island and lived in Northern California and Tampa Bay areas for WAY too long. And I thought I was overestimating the prices! I guess that just goes to show the EXTREME inflation in real estate prices. Me, personally, if the golf estate were an equestrian estate ...

Posted by: Mary Katherine Day Petrano | Feb 17, 2006 4:32:43 PM

It's not too late! I have the prices and will post them sometime after noon.

Posted by: Matt Bodie | Feb 16, 2006 9:04:46 AM

Longview $2.8 M

Paradise Found $4.2 M

Three Ponds Farm $22.5 M Maybe more

Posted by: Mary Katherine Day-Petrano | Feb 16, 2006 1:59:47 AM

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