Press: Newsday - In Contract
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Newsday - In Contract
2/8/2008
A seven-bedroom, 10-bath traditional home on three acres in Sagaponack is in contract. The asking price is $13.95 million. The 8,400-square-foot home has an ocean view, as well as a heated gunite pool, covered porches with an outdoor fireplace, and tennis and basketball courts. Built by Michael Davis, the interior features custom-designed stonework and mahogany detailing. There is a gym, a sauna and a wine cellar.
Public records show the house belongs to financier Paul Scharfer and his wife, Joyce. The house is expected to close in April.
The listing agent is Susan Breitenbach of The Corcoran Group.
