A home in Sag Harbor listed on the National Register of Historic Places sold earlier this year for $12 million, half a million more than the original asking price.
Sotheby’s International Realty represented both sides of the deal, which was finalized on January 21 but was consummated through Suffolk County deeds this week.
“At the asking price, we broke a price record,” said Rylan Jacka of Sotheby’s International Realty, who represented the seller. “We ended up bidding multiple times over our demand because a property ticked all the boxes, with a guest house, a rare large pool with a fantastic southern exposure, a house with a history dating back to the revolution, a seller with amazing taste and who listened to his broker at crucial moments!”
Harald Grant brought in the buyer, who signed a deal about a month after the property went on the market in August. The transfer of the deed shows that it is a limited partnership named Main Street SH Propco. William Richmond-Watson, head of the creative agency Watson & Company, was named as the seller.
The home at 241 Main Street, built sometime between 1780 and 1790, was built by Revolutionary War hero Lieutenant Colonel John Hulbert, who built several homes in Sag Harbor. Hulbert was a Captain during the Revolutionary War, overseeing 3,000 Army soldiers tasked with defending the East End from British invasion.
They carried a flag that predates and is said to have influenced the one designed by Betsy Ross. According to the Suffolk County Historical Society, the captain at the time carried the flag with 13 stars in a heraldic cross configuration from Fort Ticonderoga to Philadelphia in 1775.
Known as Captain’s Row Compound, the mansion has been remodeled over the centuries. In recent years, local builders and designers have collaborated to create a space that is modern but also pays homage to its historic past and previous owner. A flagpole in front of the house is adorned with a plaque that states that his militia detachment “designed and carried the first Stars and Stripes as their official flag during the Revolutionary War.”
The home is located off Main Street on a 1/2 acre lot. Measuring approximately 4,000 square feet, the home begins with a large wraparound covered lanai and offers three levels of living, including several private deluxe bedroom suites, a dramatic great room and kitchen with an oversized center island.
Glass doors open to a lush back garden with giant Japanese maple trees framing a 40 foot gunite pool and hot tub surrounded by bluestone decking and an outdoor fireplace. There is a large outdoor shower.
The property also offers a 1,000 square foot guest house. Inside, there is a bedroom big enough for a king bed, a kitchen for the pool area, a full bathroom with a steam shower, and a living area with 14-foot ceilings.
Best of all, it’s only a three-minute walk to Sag Harbor’s shops and restaurants.