What Is An Off-Market Listing In Sag Harbor?
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The $115M Sale: The Definitive Mandate for Privacy and Off-Market Dominance
The market just issued an indisputable decree: privacy is the ultimate commodity in Hamptons luxury.
The recent record-breaking $115 million off-market sale of the 8.5-acre oceanfront estate at 408 Further Lane in East Hampton—reportedly involving former Yahoo! Chairman Terry Semel as the seller and billionaire Len Blavatnik as the buyer—is the most compelling proof point in years.
This transaction was not merely a large sale; it was a massive disruption of the traditional, public-facing real estate model. The ultra-high-net-worth client doesn't want their personal business or their home transaction splashed across the Wall Street Journal or Behind The Hedges—they demand a surgical, discreet transfer of generational wealth, executed under the absolute veil of confidence (often shielded by LLCs). This sale wasn't a listing; it was a perfectly orchestrated connection built on years of trust.
At the Breitenbach Advisory Team (BAT), our business is built on this very principle. We are the proven leaders in the Hamptons' private, off-market space because we understand that deals are often secured long before they're made public. It requires decades of trust, genuine relationships with global family offices and UHNW attorneys, and a network spanning the world. This is the discretion disruption—you cannot achieve these results by uploading photos to the MLS.
Three-Phase Marketing Strategy
When we engage our Compass 3-Phase Strategy for a client looking to sell, the Research and Target phases are paramount. We aren't passively waiting for a public bid; we are proactively matching a Private Exclusive property with its one perfect, vetted buyer from our proprietary, confidential database. This is a scientific, data-driven approach to discretion. This is how we successfully sold a truly exceptional Water Mill property at 454 Seven Ponds Towd for a significant, market-moving price, and how we continue to orchestrate deals in Water Mill and East Hampton that never see the light of day. This level of fiduciary discretion is what separates an agent from a true, irreplaceable advisor.
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My mission, as a born-and-raised local with over 20 years of experience, is to connect my clients directly to these generational opportunities. We use the most sophisticated Compass technology and our deep-rooted network to ensure you are always positioned ahead of the curve. If you are an ultra-high-net-worth buyer seeking the unlisted inventory, or a seller who demands a discreet, strategic, and premium exit, a confidential conversation with the Breitenbach Advisory Team is your essential first step.
Born and raised in the Hamptons, I've dedicated my life to this incredible community. With deep connections, unparalleled knowledge, a true love for real estate, and over 20 years of experience, including $3B+ in sales, I lead an incredible team, ushering in a new era of luxury real estate. We prioritize relationships before, during, and after every transaction, guiding you through every wave of the market.
Matt Breitenbach
Celebrity & Luxury Real Estate Advisor
Over $3 Billion in Sales
Email: [email protected] | Phone: 631.255.6221