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Record Sale For North Fork Real Estate

By February 14, 2008March 7th, 2016No Comments

It was a record-breaking day for Sherri Winter Clarry, a Senior Vice President of Corcoran Groupand also for the North Fork Real Estate business. Sherri, who was working out of the Southold Office, was credited with the largest residential sale on the North Fork ever, with a price tag of $19.5 million. It was her listing and she was the agent of sale. Dolly Lenz, Vice Chairman of Douglas Elliman, said this about the sale, “As the East End continues to mature, the North Fork becomes the obvious choice for land barons and would be land barons alike. It is naturally beautiful and one of the last few unspoiled areas left in close proximity to a thriving world class community.”


The property known as Indian Neck Farms, encompassing 135 acres in Peconic, sold for $19.5 million. The property was listed on the deed as being owned by Phil and Pat Marco. Mr. Marco is a renowned photographer, and actually did filmography for such hit movies as Casino, The Color of Money, The Temptation of Christ and The Gangs of New York. The property runs along Deep Water Creek and has a 19 acre wine vineyard, which was planted in 1981. It has some of the oldest vines onLong Island, a modern design, 5000 square foot home that has four bedrooms and five full bathrooms, along with a gourmet kitchen and two wonderful fireplaces. An extension to the house includes a media room and a state of the art greenhouse. On the property also is a working organic farm. This farm produces quite a variety of crops. Also located on the 135 acres, not grouped together, are 14 structures. Among these buildings are two large barns, sheds, a workshop, and a guesthouse for two that comes with a garage and a 1930s style gas pump. The property also includes an in ground swimming pool with a sauna and a cabana, as well as a tennis court.


As for wildlife on the grounds, the massive list includes deer (big surprise), fox, quail, a wide variety of songbirds, not to mention the astonishing Red Tail hawks, Ospreys, and the Great Blue Heron. The property does include a floating dock off a sheltered cove along the waterfront, which makes available the wonderful fishing opportunities that all who live on and love the North Fork enjoy.


Corcoran’s Managing Director of the North Fork and Shelter Island offices Josh Horton stated in a press release, “The North Fork is a unique community that seamlessly blends dramatic waterfront landscapes, sweeping farm views, diverse architecture and a strong commitment to environmental stewardship and open space preservation.” It is for those reasons he believes the North Fork is an area for “strong investment.”


No information has yet been given about who purchased the property, but even with the sub prime situation going on around the country, champagne glasses are still being clicked on the closing of big deals on the East End of Long Island. Sherri Winter Clarry after closing this $19.5 million transaction was extremely humble in her statement, “There was so much thought, love and care that went into this breathtaking property, it spoke for itself. I am honored to have the opportunity.”