A nearly six-acre property with a Tudor-style 12,000-square-foot house built in 2005 for Richard Demato, who is a Sag Harbor gallery owner, and his wife, Harriet Sawyer, an artist, closed Tuesday for just over $31.7 million. Though the deal does not set a record for the most spent on a North Haven property — that honor goes to Tyndall Point, a 55-acre sub-dividable parcel with a main house built in the 1950s that sold for $36 million in 2011 – it does set a record in the hamlet for a single-family residence.
A co-exclusive listing between Harald Grant of Sotheby’s International Realty and Peter Turino of Brown Harris Stevens, the house was listed at $36 million. The selling agent was Sandy Morell of Corcoran.
Described in the Sotheby’s listing as a “Lutyens-inspired stone and stucco mansion,” the house is sited on 350 feet of beachfront with a 160-foot deep water dock overlooking Shelter Island Sound, and features a paneled billiards room, media room, reading room, gym, elevator, heated Gunite pool, and basketball and tennis courts.
Like William Randolph Hearst, the couple installed many antique materials — from doors to chestnut floors — from Europe. Mr. Demato, who said earlier in the month that the couple had been planning to move for over a year, “finally found a buyer who appreciates the design,” which he attributes to his wife.
Mr. Turino was “very involved with the negotiations,” said Mr. Demato at the time. “Without him I don’t think it would have happened.”
The couple is moving into the stately Howell House in Sag Harbor where the one-acre property will provide a “much simpler existence.” They also bought an apartment at 75 Central Park West with “a killer park view.”
Mr. Demato runs Richard J. Demato Fine Arts Gallery on Main Street in Sag Harbor.