$55M ‘Timeless Masterpiece’ on Long Island Is This Week’s Priciest Property

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A sprawling waterfront property sheltered by its own private cove in Lloyd Neck, NY, is this week’s most expensive new listing on realtor.com®.

Dubbed “Sassafras,” the $55 million Tudor-style home was built in 1987. The massive 20,000-square-foot estate sits on a 47-acre spread on Long Island’s tony North Shore.

The estate includes eight bedrooms, 12 baths, two 5,500-square-foot guesthouses, a teahouse, dock, private beach, tennis courts, cabana with full kitchen and deck, and extensive gardens. Additional outdoor offerings include a pool, plus a gazebo with bar, bathroom, outdoor shower, and hot tub.

The owner designed the home in homage to the British architect Sir Edwin Lutyens by “incorporating traditional Tudor architecture and the vernacular styles of south-east England style into a timeless masterpiece,” according to the listing. The property is “one of the Gold Coast’s largest private landholdings.”

Tudor-style home on 47 acres on the North Shore of Long Island

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Living room with coffered ceiling

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Private beach

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Pool

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The main residence has 25 rooms, and architectural flourishes include exposed beams, a 48-foot-high ceiling in the grand entrance, and a coffered ceiling in the living room. The formal dining room is wrapped by an outdoor terrace and features water views. The master suite includes views of the Long Island Sound.

The property is set amid nature preserves as well as trails for horseback riding and mountain biking. Yet, it is located just 50 miles from Manhattan, or 15 minutes by helicopter. And yes, there are two helipads on the grounds of the estate.

The place was last sold in 2002 for $765,500, according to property records. The listing agent for the estate is Philip Laffey.

The current owner is known only as Laval Properties Corp N.V., which has a New York City address. The property was listed on the market about a decade ago for $60 million with no takers. But Sassafras did have a brush with celebrity: It was rumored to have been leased by Angelina Jolie  and Brad Pitt in 2009, according to Variety.

Another summer renter decades before, Kutayba Alghanim, raised the ire of neighbors in this exclusive enclave by commuting to Manhattan by helicopter back in 1979, according to the New York Times.

The wealthy industrialist from Kuwait had apparently wanted to buy the place and install a landing pad (which eventually happened), but was temporarily restrained by a group of local residents. It is unclear if Alghanim or a later resident succeeded in installing the helipads.

Either way, the property is helicopter-friendly now, for those whose lifestyle includes travel by chopper.

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