East Hampton Point Luxury Resort Put on the Market For $29 Million

The local luxury resort, East Hampton Point, has recently been put on the market for $29 million.

The five-acre resort on Three Mile Harbor was listed by Anthony C. Cerio, Mitchel L. Natter, and Jared Schiavoni of Brown Harris Stevens.

“We have investors interested in the property with two brands for the restaurants in mind and two big boat brands to run the marina and use it as a showcase for their products,” Cerio told Newsday. “We have some big names that I can’t mention that would really turn it around. It’s going to be something different.”

The property includes a waterfront restaurant, luxurious accommodations and a full-service marina and boatyard, complete with ship’s store, a heated swimming pool and tennis court, according to the listing.

There are also 13 separate cottages and seven suites in an elegant country manor.

“In addition to its stunning setting and spectacular sunsets, it is renowned as a venue for weddings and special events,” the listing reads.

This is the third time the resort has been on market; first listed in 2006 for $55 million and then in 2009 for $34 million, Newsday reports.

Photo: bhshamptons.com