In the Hamptons, an Estate on Billionaires’ Lane Features Ocean-to-Bay Views

Southampton’s Meadow Lane is where the 1% of the 1% summer, and remains the most prestigious address in the Hamptons. As you might expect, the street is teeming with both old money and the newest Wall Street zillionaires.

Meadow Lane is really a long, narrow peninsula, with the most sought-after houses on the ocean, of course, while much of the bay side of the peninsula is unbuildable. This property sits on the more westerly end of the peninsula, further away from the few public beaches where the hoi polloi gather. Set on 3.4 oceanfront acres, the generously sized house is available for $46 million via Christopher Covert at Compass.

Built in 2010, and last sold in 2013 for $22 million, the house was extensively renovated over a yearlong period. Design was by the acclaimed David Netto, who delivered a beachy-chic interior that is casual yet high-end. (The previous décor can be seen here.) The 8,600-square-foot house has seven bedrooms, seven bathrooms, and one powder room.

The first floor includes a classic foyer with welcoming fireplace, six of the bedrooms, gym, wraparound porch, cabana area for the pool, staff quarters and a laundry center. But it’s the second floor where the magic really happens — the primary suite includes 270-degree water views, a sitting area, large dressing room and private covered balcony. Next to that are a separate library and office — one with ocean views, the other overlooking the bay.

The great room, with vaulted ceilings, is perfect for entertaining and includes ocean and bay views wherever you look. There’s also a formal dining room with fireplace and butler’s pantry with wet bar, as well as a family room for sunset views with a porch overlooking the bay. The kitchen includes more ocean-to-bay views and terrific light, as well as an adjoining deck.

Outside lie an oceanside pool and spa, plus lovely gardens and a north-south tennis court with viewing pavilion. A private boardwalk leads across double dunes, which offer extensive protection from waves and weather, onto one of the most coveted stretch of beach in the world.