The Linden Estate is a historic and iconic residence in Hamptons located in New York, as listed for $75 million a few days ago. Harald Grant of International Realty-Southampton Brokerage on Sotheby and also Tim Davis of Corcoran listed the nearly 10-acre property that is on 160 Ox Pasture Road in the affluent village of Southampton estate Section.
According to property records, Jürgen Friedrich, co-founder of the European branch of Esprit, and his wife called, Anke Beck-Friedrich, are the sellers of this limited liability corporation. The property was then transferred to their company, the name of which is an acronym of their initials, in the year 2007.
According to reports published, in 1999 the Friedrichs purchased the property for $8.5 million and then spent years and also millions of dollars to renovate it. According to published reports, first, it was listed for sale in 2008 for almost $60 million.
According to published reports, the property was under contract for the amount of $49 million in 2012, however, the deal fell through, and hence it was re-listed in the year 2013.
Mr. Grant, a listing agent appointed to sell the home told that this Estate Section is the premier location of Southampton Village because of the Hamptons cottages, where the original older homes are present from the century.
This house of Friedrich has a gambrel red-tile roof, wrap-around porches, and rows of windows of leaded glass. As per the listing, its 3 floors total 18,000+ square feet that also include twelve principal bedrooms, twelve full bathrooms, 3 half bathrooms, and a paneled library also with a fireplace together with an ornamental plaster ceiling, the living room has got a coffered ceiling, with separate staff quarters.
Tim Davis, a lifelong Hamptons resident and power broker, who has a successful 40-year career as a real estate listing and selling a few of the premium properties available on the East End is also involved in this Linden Estate sale process.
He is known as a leading expert in the market and continues to reign within the few of the most select, and sought-after Hamptons brokers. Additionally, he consistently ranked among the agents in Volume in the US and was ranked Number One recently in the Hamptons.
The Wall Street Journal has ranked him 10th in the country. During 2014 and 2015, he was ranked at 4th and 6th respectively.
Tim has closed over $4 billion in sales ranging from oceanfront properties, luxury estate homes to village cottages and bay-front retreats. Tim arranged six of the most important high-end sales on the East End at record prices in a single year.
Oceanfront homes on the Southampton and Further Lane in East Hampton, and many interior estate homes, were sold in two of these transactions. Tim was a ex- principal of Allan Schneider Associates, a successful boutique Hamptons land and property brokerage firm, prior to joining Corcoran.
In August 2006, he and his two partners sold the company (which grew under his leadership to 12 offices, 350 agents, and $1.2 billion in annual sales) to NRT/Realogy, The Corcoran Group’s parent company.
Tim Davis has a significantly higher volume of listings particularly in the Hamptons as compared to any of his competitors, according to the most recent ranking of the top Real Deal agents of top East End.