listed with Ed Petrie – Associate Real Estate Broker of Compass
LOCATION: 38 Mathews Road, Wainscott, New York
SQUARE FOOTAGE: 25,000
BEDROOMS & BATHROOMS: 8 bedrooms & 14 bathrooms
PRICE: $67,500,000
This waterfront estate, dubbed “Burnt Point”, is located at 38 Mathews Road in Wainscott, New York and is situated on 25 acres of land with 2,000+ feet of water frontage on Georgica Pond. It was developed by Copper trader David Campbell who bought the property for $10 million in 2006 and built the home. He listed it for $50 million back in 2001 and sold it in 2005 to Stewart Rahr for $45 million. Stewart is the president and chief executive of Kinray Inc., the largest privately held drug distributor in the U.S.
The shingle-style home was designed by Francis Fleetwood Architects and features approximately 25,000 square feet of living space with 8 bedrooms, 14 bathrooms, 2-story foyer with staircase, elevator, formal living & dining rooms, paneled home office, library, gourmet kitchen, breakfast room, family room, movie theater, billiards room, gym, wine cellar, garage and more.
Outdoor features include a gated entrance, balconies, patio, swimming pool with spa, gazebo, clay tennis court with viewing pavilion, greenhouse, private beach, dock and a boat house.
It is listed at $67,500,000.
