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    Is This Wooded Enclave the Best-Kept Secret in the Hamptons?

    Tucked away from the opulent seafood towers at Le Bilboquet in Sag Harbor, The Surf Lodge’s famously raucous summer soirees in Montauk, and the designer boutiques in downtown East Hampton is a quiet, under-the-radar enclave in the Amagansett North area that is known to those in the know as Devon Colony. Among its laid-back charms are its tiny, no-frills downtown area and its 116-year-old yacht club, its swathes of preserved agricultural land, its authentic fish markets, and historic residences.

    Devon Colony, between East Hampton and Amagansett, was founded in 1908 by four wealthy businessmen from Cincinnati: William Cooper Procter (of Procter & Gamble), Richmond Levering (of Lever Brothers), Joseph Rawn, and William Rowe. The men first came across the area during a hunting trip—back then, hunting was common on the East End of Long Island—and they eventually acquired 1,000 acres in the Amagansett Highlands, where they built a cluster of homes they used as their summer residences. 

    The enclave was one of the first gated communities in the Hamptons, but because Procter & Gamble’s soap sales helped pay for the homes within Devon Colony, it initially garnered a contemptuous reputation among some of the more high-brow Hamptonites as “Soap Hill.” The foursome also founded the still-standing Devon Yacht Club, which includes a small private marina.

    Historic photos of the Procter and Levering homes during construction in 1909.

    Courtesy of the East Hampton Library, Long Island Collection

    Mickey, Marilyn, McCartney

    “Devon Colony is tucked between Napeague Bay and the Atlantic Ocean; it’s much less crowded than the lanes or dunes of Amagansett,” says Martha Gundersen, a listing agent with Douglas Elliman in the Hamptons. “What people love about it are big plots of land surrounded by the Peconic Land Trust, which is state-owned land. There are 500 acres of New York State land that will remain undeveloped that surround Cranberry Hole Road, which is where many of the homes are. Many successful people seeking an under-the-radar destination own here, including [Galaxy CEO] Michael Novogratz, businessman Mickey Drexler, and entrepreneur Fouad Chartouni, among others.”

    Those “others” include Paul McCartney, Alec Baldwin, Randy Lerner, and, on occasion, high-profile renters like Bill and Hillary Clinton; in the 1950s, Marilyn Monroe and Arthur Miller shacked up for a short time a charming cottage converted from a windmill. Still, despite its history of illustrious residents, Devon Colony has largely remained an unheralded hideaway, with neither a Chanel boutique nor a Sant Ambroeus cafe within miles. 

    More Elbow Room, More Privacy

    “For as long Devon Colony has existed, people have taken the environment into consideration,” Gunderson says. “People come out here to enjoy the bird life and slow-paced living. A certain caliber of people don’t just want a house, they want land, privacy, and to be a part of the community. You’ll see Paul McCartney on his boat driving past, you’ll see Randy Lerner downtown.”

    The completed Procter home, seen here in 1910.

    Courtesy of the East Hampton Library, Long Island Collection

    Gunderson goes on to say that once people get a feel for the landscape of the Hamptons and discover Devon Colony, it appeals because “there’s more elbow room and a more laid-back, less-crowded atmosphere,” she explains. Situated within the elevated Amagansett Highlands, Devon Colony has far-reaching views of Gardiners Bay, the ocean, and the surrounding land. Situated within thickets of forest, horse farms, and farmland, the lack of development is thanks to the large amount of preserved land. 

    Over the years, Devon Colony has also become known to design– and architecture-loving locals for its historic homes and picturesque gardens. Indeed, homes in Devon Colony are regularly included on the East Hampton House and Garden Tour that’s put on annually by the East Hampton Historical Society. 

    Yesterday’s Traditions, Today

    When the men from Cincinnati built their homes for their families, they crafted four grand stucco mansions and one shingle-style home, which were originally known as ‘the cottages.’ The families tapped Cincinnati-based architectural firm Tietig and Lee to create the Italianate villa-style homes with English-style perennial gardens. This stucco-over-concrete style was unusual for the Hamptons at the time. Not just that, but these homes rivaled the size of other famed mansions in Long Island’s blue-blooded Gold Coast, particularly those in Oyster Bay and Cold Spring Harbor.

    All five of the original homes are still standing, though they’ve had extensive renovations and alterations. Many of the homes have remained in the same families since they were built. The Levering house was last sold in 2018 for $8.75 million to its current owner.

    The original Levering house has undergone several renovations and last sold to its current owner in 2018 for $8.75 million.

    Brown Harris Stevens

    At the heart of the community is the Devon Yacht Club, which has remained largely unchanged since its founding in 1908, and that’s just the way members like it. Situated along Gardiner’s Bay, the club has long been popular as a family-friendly club that hosts kids’ sailing and tennis lessons. It’s also one of the few private members’ clubs that still holds old-school traditions true; a dress code is enforced throughout, from the beach to the dining room and the tennis courts. “They still shoot off a cannon at sundown,” says Paul Brennan, a listing agent with Douglas Elliman, who lives and works in the area.

    Putting Down Roots

    At a time when the Hamptons real estate prices are skyrocketing—and bidding wars have reached an all-time high—agents are seeing increased interest from buyers seeking close proximity to their favorite Hamptons hotspots and the beach, yet with more land, lower taxes, and additional privacy. 

    Among the current offerings is a brand-new, $5 million modern farmhouse-style estate that sits on three quarters of an acre directly across from a 30-acre preserve and an eight-bedroom residence on two acres that’s just five minutes from the beach and priced at $11.7 million. And just south of Montauk Highway, another new build, a 12,400-square-foot spread that borders the golf course of South Fork Country Club and isn’t too far from the popular Amber Waves Farm, Market, and Cafe, is on the market for $14.75 million.

    A brand-new residence on Timber Trail is listed for $11.7 million.

    Liz Glasgow Studios/Douglas Elliman

    “The thing that attracts me the most—and I think the thing that attracts people like the Randy Lerners and Mickey Drexlers of the world, is that they can step onto the public bay beaches and swim, kayak, and paddleboard without anyone bothering them,” Gunderson says. “It offers clean air and a quiet life.” 

    A world apart in many ways, Devon Colony is also convenient to the farm stands in Amagansett, downtown East Hampton and popular hot spots like the Stephen Talkhouse music venue. For many modern buyers, the solitude of the forested land and the working farms might not appeal. But once you get accustomed to the open spaces and slower pace of living, it’s pretty hard to leave.  More

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    Second Homes Will Continue to Draw Luxury Buyers Around the World in 2024

    When the pandemic drove up housing prices and mortgage rates, many wealthy Americans jumped on the opportunity to acquire investment properties in less pricey foreign countries and, in some cases, to pack up and move overseas. While we’re only a few weeks into the new year, it appears that the uptick in affluent U.S. citizens heading abroad is continuing full steam ahead.

    According to the 2024 Trend Report, published by the Coldwell Banker Global Luxury program, nearly 40 percent of the survey participants intend on purchasing a home in a foreign country within the next year, and two-thirds said they plan on buying property abroad within the next five years.

    “If lower mortgage rate trends combined with the new inventory momentum continue, luxury homebuyers could be inspired to move forward with their next home purchase,” Michael Altneu, vice president of Coldwell Banker Global Luxury, said in the report. Altneu added that shoppers are prioritizing “new amenities” and are open to exploring “overseas options for their next property.”

    The report also found that location ranks as the top consideration among 45 percent of discerning consumers. About 29 percent of high-net-worth consumers are looking to move to Europe, while 28 percent are eyeing destinations in North America outside of the U.S., and 23 percent are considering the Caribbean.

    High-net-worth home buyers are looking to relocate to Europe and the Caribbean, according to a new report.

    Pexels

    On the flip side, the U.S. will continue to be a place of interest for deep-pocketed international buyers in 2024. Per the Coldwell Banker Trend Report, there was a 25 percent increase in the number of well-heeled foreign buyers purchasing real estate in the top 5 percent of the market in 2023. More specifically, those shoppers are looking to purchase property in bustling metros such as New York, Los Angeles, San Francisco, Miami, and Washington, D.C.

    “We are seeing money from China, Singapore, Hong Kong, and the Middle East being ‘parked’ in real estate in California as a holding place for wealth,” said Paul Lester of The Agency Beverly Hills in the firm’s annual Red Paper Wealth Report.

    “Instability in various South American countries continues to make Miami real estate very attractive,” noted Daniel Tzinker of The Agency Miami. “In the past three years, we’ve seen 100+ businesses like Citadel, Amazon, and Tesla move to Miami, taking advantage of the favorable tax environment…world-class restaurants, private clubs, and art galleries have followed.” 

    Authors

    Abby Montanez

    Abigail Montanez is a staff writer at Robb Report. She has worked in both print and digital publishing for over half a decade, covering everything from real estate, dining, travel and topics…

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    This 430-Acre Private Island in The Bahamas Can Be Yours for $45 Million

    Royal Island, a swanky Caribbean oasis in The Bahamas, awaits its next king or queen and their lucky retinue of family and friends.

    Less than a 20-minute boat ride from the picturesque North Eleuthera, famous for its pink sand beaches, the 430-acre private island is asking for a whopping $45 million, The Daily Mail reported. However, you can’t really put a price on paradise, can you?

    Altogether, the palatial spread has five residences, a private gym, a yoga center, a spa, and a large oval-shaped swimming pool. The turnkey property also comes with its furnishings, so essentially all you have to do is wire the purchase funds and pack your toothbrush.

    In 2021, Royal Island appeared in season one of the travel-centric Netflix series The World’s Most Amazing Vacation Rentals, hosted by Megan Batoon, Jo Franco, and Million Dollar Listing New York star Luis D. Ortiz. Awarded as one of the top resorts on the planet by Condé Nast Traveler, the idyllic private island was bookable earlier this year for a hefty $18,500 per night, Forbes reported.

    At the heart of the Caribbean compound is an oval-shaped swimming pool.

    J. Christie & Vladi Private Islands

    Surrounded by nothing but crystal-clear turquoise waters, the secluded island makes for the perfect party pad and can host up to 18 people at once.

    Royal Island will accommodate 18 guests among its five one-bedroom beachfront villas and separate guest house. Each of the tropical-inspired bungalows is nestled among the lush greenery and sports vaulted ceilings, an en suite bathroom, and a spacious wraparound deck for languidly gazing out toward the ocean.

    Accommodations on the 430-acre island include five waterfront villas.

    J. Christie & Vladi Private Islands

    “Royal Island, as set up currently, is excellent for private gatherings,” notes the listing, which is held by Vladi Private Islands. A perfect party pad for hosting friends and family, the secluded island has its own bar and restaurant within the grounds. 

    There are plenty of ways to keep busy during the day, but, naturally, the highlights of the property are the water sports. Think everything from snorkeling to paddleboarding, jet skiing, and kayaking.

    Of course, if you’re looking to create an even more epic escape, the island getaway was granted preemptive approval in 2007 for additional development, including an expansive marina. There are also plans for an 18-hole waterfront golf course; however, the sky is really the limit here. And if you’re ever worried about feeling too isolated, rest assured you’re approximately 40 miles northeast of Nassau, the capital of The Bahamas.

    Click here to see all the photos of Royal Island. 

    J. Christie & Vladi Private Islands

    Authors

    Abby Montanez

    Abigail Montanez is a staff writer at Robb Report. She has worked in both print and digital publishing for over half a decade, covering everything from real estate, dining, travel and topics…

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    Royal Island in Photos

    Published on January 11, 2024

    J. Christie & Vladi Private Islands

    Authors

    Abby Montanez

    Abigail Montanez is a staff writer at Robb Report. She has worked in both print and digital publishing for over half a decade, covering everything from real estate, dining, travel and topics…

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    A First Look at The Ocean Club, Four Seasons Residences in The Bahamas

    You can now permanently live in one of the world’s most glamorous resort communities. 

    A quick jaunt from Miami, the famed Ocean Club, now a Four Seasons Resort on Paradise Island in the Bahamas, has long been an escape for the world’s elite. The Ocean Club first opened in 1962 and, thanks to its wealthy and well-connected bon vivant businessman owner Huntington Hartford II, immediately became the ultimate Caribbean getaway for a glamorous assortment of international jet-setters and multi-millionaires, Hollywood A-listers, and European royalty. Slim Aarons was a regular; The Beatles recorded a video here; and Zsa Zsa Gabor was a frequent patron. In 2017, Four Seasons was brought in to brand and manage the property, as well as expand the resort’s offerings while honoring its venerable legacy.

    Floor-to-ceiling windows open to covered terraces.

    Ocean Club, Four Seasons Residences, Bahamas

    “The Ocean Club has that beautiful, elegant, understated sense of tranquility that very few places get, especially in Nassau or Paradise Island,” says Reid Boren, managing partner at Two Roads Development, a partner on the project. “There’s a really loyal following for The Ocean Club, and families have been coming here for generations.” 

    The brand recently unveiled the soon-to-come Ocean Club, Four Seasons Residences, Bahamas, in partnership with Two Roads Development and Access Real Estate to bring a new ownership opportunity to the Bahamas. Set to open in 2027, the 67 turnkey residences will sit in close proximity to the hotel and will be managed by Four Seasons. The residences, designed by SB Architects and Champalimaud Design, will contain between two and five bedrooms and span from a roomy 3,124 to a commodious 7,459 square feet. There will also be a select number of penthouses measuring almost 5,300 square feet, each with a private pool.

    Pricing ranges from $6.5 million to $23 million, and, when not in use, owners can opt to put their Bahamian getaways into a vacation rental pool. 

    “The residential aspect is an experience that regular guests of The Ocean Club want,” he says. “When you’re there, you have your own home and space with your family and friends, yet you can still feel like you’re at the resort.”

    A spacious ocean view terrace is the perfect spot for alfresco meals.

    Ocean Club, Four Seasons Residences, Bahamas

    Each home will have a neutral color palette infused with warm, organic materials and will feature a sophisticated take on classic, relaxed Bahamian style, with subtle hints of pink blush in the stonework, stately columns, and deep terraces. There will be seamless access to the outdoors from nearly every room.

    The residences are split between four low-rise structures with beachfront villas along the first levels of each building. At the center of the residential complex is an expansive resident-only pool area and pool deck with a private clubhouse and private cabanas. There’s also direct beach access. 

    The residences will be separate from the resort and have a dedicated team exclusively to service the residents. There will also be a bevy of exclusive amenities in addition to the pool, including an owners’ library, a wine cellar and rum room, a co-working space, a children’s playroom, a media room, indoor and outdoor spa treatment rooms, a fitness center, a beachfront restaurant and bar, and private dining rooms.

    The many amenities include a resident-only library.

    Ocean Club, Four Seasons Residences, Bahamas

    Should you want to visit the resort, residents have access to the legendary Ocean Club’s five-star amenities. In addition to three swimming pools and Versailles-inspired gardens that showcase a 12th-century Augustinian cloister, there’s the restaurant Dune, helmed by celebrity chef Jean-Georges Vongerichten, six Har-Tru tennis courts, and eight Balinese-style spa villas. The resort also offers daily yoga and Pilates, as well as a shuttle service to an 18-hole Tom Weiskopf-designed championship golf course.

    The Ocean Club isn’t your typical Four Seasons Resort; it’s infused with period details, European-style gardens, and glamorous grounds. There’s a 12th-century Augustinian cloister and impeccable gardens modeled after Versailles. It’s also set along a five-mile stretch of pristine, white-sand beach.

    Click here for more photos of The Ocean Club, Four Seasons Residences, Bahamas.

    Ocean Club, Four Seasons Residences, Bahamas More

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    This Wooded Private Island in Canada Can Be Yours for $1.5 Million

    While the thought of an island may bring about visions of a tropical destination, that’s not always the case. For those who seek complete seclusion in a less sultry climate, this picturesque private island in Canada is the ultimate wilderness escape.

    The two-and-a-quarter-acre wooded oasis, dubbed Island 7, is located in the middle of Cowichan Lake, one of the largest freshwater lakes on southern Vancouver Island in British Columbia. Nestled amidst thick pine forests and reachable only by boat, the island boasts a ten-person dwelling and a large dock ideal for swimming, sunning, kayaking, or fishing. The cabin is powered by an off-grid system that includes an array of solar panels but don’t worry, there’s also full cell service to keep in touch with the outside world, plus a genny shed as a backup.

    The island’s cabin features cathedral ceilings and a wood stove.

    Silas Poon/Unique Properties

    “One of only a handful of private islands on Cowichan Lake, Island 7 is an exceedingly private and accessible recreational retreat,” notes the listing. On the market for a cool $1.5 million CAD (or roughly $1.2 million) with Alan L. Johnson at Colliers International Unique Properties, the centerpiece of the serene, lushly forested spread is a 1,500-square-foot West Coast-style estate that keeps things simple and rustic. Think soaring cathedral ceilings, tons of exposed timber beams, a large deck, and oversized windows that frame the surrounding mountains and water.

    In addition to the wood-clad residence, there are also lots of fun amenities that let you enjoy lake life, like a wood-fired hot tub, a studio workshop for artsy types, and plenty of pristine low-bank shoreline, which means you’re able to walk directly to the water and back. This being an island, there won’t be any other humans except for the guests you bring along, but do do expect to find wildlife aplenty.

    There are views of Cowichan Lake from every room.

    Silas Poon/Unique Properties

    Cowichan Lake is about a 90-minute drive from Victoria, the capital of British Columbia, and is considered the second-largest body of fresh water on Vancouver Island. Come summertime, the lake is the perfect venue for canoeing, water skiing, paddle boarding, or bird watching. Of course, if you’re ever interested in leaving your own private island paradise and want to check out the mainland, there are plenty of scenic hiking trails, bike trails, and campgrounds to explore.

    Click here to see more photos of Island 7.

    Silas Poon/Unique Properties

    Authors

    Abby Montanez

    Abigail Montanez is a staff writer at Robb Report. She has worked in both print and digital publishing for over half a decade, covering everything from real estate, dining, travel and topics…

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    Island 7 in Photos

    Published on December 28, 2023

    Silas Poon/Unique Properties

    Authors

    Abby Montanez

    Abigail Montanez is a staff writer at Robb Report. She has worked in both print and digital publishing for over half a decade, covering everything from real estate, dining, travel and topics…

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    These New Beachfront Condos in Tulum Will Each Have a Private Plunge Pool

    Tulum has long been a popular getaway for travelers, but there’s a new residential development raising the bar for luxury real estate in Mexico’s Yucatán Peninsula.

    INKU Tulum, a high-end boutique condominium defined by its asymmetrical, curvilinear balconies draped with plantings, is part of the 130-acre master-planned Selvazama community by D&G Tulum Developers. The 12-unit property merges cutting-edge architecture with sustainable design and takes its inspiration from its tropical surroundings. The homes range in size from two- and three-bedroom condos to two-story penthouses, priced up to $1.3 million. Construction on the project is expected to be completed at the end of 2024. 

    “INKU Tulum, born out of our profound love for Tulum, encapsulates the essence of this captivating destination by seamlessly blending Caribbean allure, Mexican culture, and the lush jungle landscape,” developers Michael Dee and James Gold said in an email to Robb Report. “As a testament to our vision, INKU, meaning ‘my nest’ in Mayan, stands as a harmonious retreat, honoring local history and natural beauty.”

    Each of the 12 condos at Selvazama’s INKU Tulum will have a pool.

    Courtesy of Selvazama Tulum

    Highlights of the homes include buyers’ choice of a private plunge pool on the biomorphic balcony of the upper units or, if you’re located on the ground floor, a meandering, full-sized swimming pool. The condos will also sport additional water features, high-quality finishes, open-plan living and dining areas, and 24/7 security. Residents will also have access to concierge services, which can handle everything from airport transfers to dinner reservations and spa bookings.

    “We understand what makes the biggest difference to those looking to invest and live in this beautiful space,” the developers told Robb Report. “Socially and environmentally responsible, INKU fosters local employment, utilizes sustainable materials, and sponsors community initiatives, embodying a commitment to both luxury and community well-being in the heart of Tulum.”

    The residences will feature sustainable materials and pay homage to its jungle environment.

    Courtesy of Selvazama Tulum

    In addition to INKU Tulum, the Selvazama community is also planning for two luxury villas to join its residential portfolio. Dubbed Casa Cinq and Casa Siet, the properties are part of 11 custom-built home sites inside the ultra-exclusive, guard-gated Mondo neighborhood. Casa Cinq measures more than 2,800 square feet with four bedrooms and four-and-a-half bathrooms. Meanwhile, Casa Siet spans over 5,225 square feet with five bedrooms and five-and-a-half bathrooms. Both will comprise fully-equipped kitchens and living areas that spill out to tons of outdoor space to enjoy the scenery. Elsewhere, the Selvazama development, when complete, will comprise a hotel component, Mexico’s first sustainable school, retail shops and fine-dining restaurants, a natural park, and exhibitions by local artists.

    Click here to see all the photos of INKU Tulum. 

    Courtesy of Selvazama Tulum

    Authors

    Abby Montanez

    Abigail Montanez is a staff writer at Robb Report. She has worked in both print and digital publishing for over half a decade, covering everything from real estate, dining, travel and topics…

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