The Linden Estate, an iconic, historic residence in New York’s Hamptons, is hitting the market on Friday for $75 million. The nearly 10-acre property, on Ox Pasture Road in Southampton Village’s monied Estate Section, was listed by Harald Grant of Sotheby’s International Realty-Southampton Brokerage and Tim Davis of Corcoran.
The seller is a limited liability corporation owned by JürgenFriedrich, the co-founder of the European branch of the fashion brand Esprit,and his wife, Anke Beck-Friedrich, according to property records, which disclose that the property was transferred to their holding company, whose name is an acronym comprised of their initials, in 2007. The Friedrichs bought the property in1999for $8.5 million and spent years and millions of dollars renovating it, according to published reports. They originally put it on the market in 2008 for nearly $60 million, according to published reports.
Although it was reportedly under contract in 2012 for $49 million, the deal did not go through, and it was re-listed in 2013, according to published reports. Mr. Grant, who said he was the listing agent each time, said that the Estate Section is Southampton Village’s “premier location because of the Hamptons cottages—the original older homes from the turn of the century.”
The Friedrichs’ residence has a red-tile gambrel roof, rows of leaded-glass windows and wrap-around porches. Its three floors cover more than 18,000 square feet and feature 12 principal bedrooms, 12 full bathrooms, three half bathrooms, a paneled library with a fireplace and an ornamental plaster ceiling, a living room with a coffered ceiling and separate staff quarters, according to the listing.
Its park-like setting includes a 60-foot-by-20-foot outdoor pool and a 60-foot-by-20-foot indoor pool with a slide and waterfall that is housed in a greenhouse-style structure. Other amenities include a spa, a grass tennis court, a paddle court, two pavilions with full kitchens, arbors, a gushing fountain, a carriage house with a connecting greenhouse and an equipment house. “Linden is in the middle of the Estate Section, surrounded by large trees and other estates,” Mr. Grant said. “It’s probably the largest estate on Ox Pasture Road, and it’s in a beautiful, old-world style.”
He added the home’s most recent renovation, which included a new pool and pool house, was done by designer Steven Gambrel. The estate was designed in 1915 by architect Grosvenor Atterbury, and its name references the specimen trees that line the property, Mr. Grant said. Frederick Law Olmsted, landscape architect of New York City’s Central Park, was the original designer of its gardens.
According to the website for their JAF Foundation for Wilderness Conservation & Social Welfare, which has offices in Southampton and Switzerland, the Friedrichs retired in 2000 and live in Switzerland.
Article source: Mansion Global