House of the Week: Converted Hamptons Windmill (VIDEO)

YouTube Preview Image

64 Deep Ln, Amagansett, NY
For sale: $7.9 million

It’s the trophy property for everyone who has everything.

Everything but a windmill home, joked Prudential Douglas Elliman listing agent Bobby Rosenbaum.

But really, he adds, it’s more than just an unusual property.

“There’s a certain magic to that property,” he said. “Five and a half acres of rolling lawn and trees and the ability to enlarge the windmill home or build up to a 30,000-square-foot addition.”

And for under $8 million, it’s quite a steal, especially for the Hamptons.

The home was converted from a working windmill by Samuel Rubin, the creator of the Faberge cosmetics company, in the 1950s. After Rubin, the home hosted a number of creative types ranging from writer Kurt Vonnegut, who spent a few summers writing there, to designers for Ralph Lauren and British actor Terence Stamp.

Of course, there’s also a rumor that Marilyn Monroe and Arthur Miller spent a weekend or two at the Amagansett home as well.

Down the road from a conservatory trust, (and around the corner from Alec Baldwin’s Hamptons place), the home has 3 bedrooms and 1 bath. The windmill is three stories: the first floor holds the living area, the second floor is a bedroom and the third floor has an area that could be converted into a bedroom or used as a storage area.

Rosenbaum says he did present the property to Baldwin and Lauren, both who are longtime Long Island residents.

“[Baldwin] has not come back with an offer, so I don’t think he wants the property,” Rosenbaum said. “But when I presented the brochure to him, he was aware of the it [the home.]”

“It just gives someone else the chance to buy the property,” he continued.

According to Zillow’s mortgage calculator, a monthly payment on the home would be $27,651, assuming a 20 percent down payment on a 30-year mortgage.

Related: