A Designer’s Montauk Home With 180-Degree Views of Block Island Sound
Esha Soni, who designs luxury handbags and jewelry, bought and renovated the four-bedroom hilltop house a decade ago.
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Designer Esha Soni, whose sculptural purses and accessories are sold at stores like New York’s Bergdorf Goodman, bought and renovated this four-bedroom, four-bathroom house in Montauk, New York, 10 years ago.
The hilltop home enjoys “breathtaking views and spectacular sunsets,” according to Zachary Tunick of Douglas Elliman, one of the listing agents.
Its location overlooking Block Island Sound “also means you get 180-degree views,” he said. “And you hardly need air conditioning because the ocean breezes are so spectacular.”
The home’s location “on a quiet cul-de-sac ensures there is absolutely no road noise or drive-by traffic,” Tunick said. “But there are trendy restaurants and terrific seasonal shops within walking distance.”
With a designer’s touch from Soni, the home is “beautifully renovated,” Tunick said. “It can be taken to the next level, but it’s already very livable.”
Open-plan living, dining and kitchen spaces anchor the home’s main level, with water views from walls of windows. There is a wood-burning brick fireplace in the living room.
The kitchen, with a granite-topped island at its center, features Wolf appliances. The primary suite includes two closets, a foyer, a large bathroom and walkouts to the home’s broad wooden terrace. The main floor includes a second bedroom, office, pantry and mudroom.
The lower level—“which is not subterranean, because of the topography,” Tunick said—includes two more bedrooms, a bathroom, a living room and storage space.
“I love my house because the view of the water and the sunset, the wide-open space, and the lush, old trees create a deep sense of calm,” Soni told Mansion Global in an e-mail. “In the evenings, the white walls and floors reflect the colors of the sunset in a simple, beautiful way.”
Before launching her eponymous handbag line in 2022, Mumbai-born Soni designed accessories for labels including Ghurka, Michael Kors Collection, Ralph Lauren and Proenza Schouler. “
The bags feel like they could easily double as home decor,” enthused fashion blog WhoWhatWear in August.
Furniture is available by separate negotiation.
Stats
With four bedrooms and four bathrooms, this 3,400-square-foot house occupies a 0.88-acre lot.
Amenities
The large wooden deck, about 15 feet deep by 80 feet wide, features a mechanical canopy.
Talking Points
The 3,400-square-foot house “could easily get expanded to 6,000 square feet,” Tunick said. While there is no pool, the property is permitted for one; because of the home’s large legal setback, a new owner could also add a garage, Tunick said.
Neighborhood Notes
Montauk is on the eastern tip of Long Island’s South Shore, overlooking the Atlantic Ocean and the Block Island Sound.
While Montauk has a reputation for nightlife—the village is home to more than 50 bars—“there is a community within the community of very successful, sophisticated parents with kids in the incredible schools here,” Tunick said. “These are people at the top of their fields, but down-to-earth. Montauk is about a laid-back lifestyle.”
Celebrity residents have included Julianne Moore, Robert De Niro and Bad Company drummer Simon Kirke. A-listers like Taylor Swift and Leonardo DiCaprio have also reportedly hung out at local hotspots like The Surf Lodge.
Private airports nearby include East Hampton Airport, about 20 miles west, and Francis S. Gabreski Airport in Westhampton Beach, about 40 miles west. Midtown Manhattan is about 117 miles west.
Agents: Zachary Tunick, Nicole Tunick, Douglas Elliman
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A record-breaking $11 million sale at The Centennial Collection has set a new benchmark for luxury apartment living in Bondi Junction.
As interest rates, inflation and market sentiment fluctuate, investors are being urged to focus on data, not panic.
Australia’s housing affordability crisis is being fuelled by chronic undersupply, planning delays and rising development costs, as politicians continue to focus on the wrong solutions.
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Australia’s housing crisis will not be solved by first-home buyer incentives or tax changes alone, with leading property figures warning governments must tackle supply constraints if affordability is to improve.
Speaking at the Kanebridge Quarterly Property Leadership Summit in Sydney last week, expert project marketing specialist Sam Elbanna, property investor and fund manager Paul Miron and property consultant Karla McNeice said that a lack of housing supply remained the central issue facing the market.
Elbanna, Director of CPM Realty with more than 30 years’ experience in project sales, argued that successive governments had focused too heavily on stimulating demand rather than addressing the barriers preventing new housing from being delivered.
“The misconception is that politicians think the way to solve the housing crisis is to drive demand,” he said.
“The reality is that’s not the way. This is a supply-side problem, and it needs to be solved on the supply side.”
Drawing on his experience in project sales, Elbanna said policies designed to help first-home buyers often had unintended consequences, pointing to previous grants that ultimately flowed through to higher property prices.
Instead, he said developers were facing increasing red tape, approval delays and rising costs, which were discouraging new housing supply.
“In the absence of stock, demand exceeds supply,” he said.
Miron, a Co-Founder and Fund Manager of Msquared Capital, said the housing debate had become overly focused on tax policy while overlooking broader structural issues.
He argued that affordability challenges stemmed from a combination of factors, including planning constraints, supply shortages, migration levels and interest rates.
“No-one can be 100 per cent certain on the real reason for property prices is going up,” he said.
“The reason why property prices are higher is a combination of interest rates, lack of supply, migration, vacancy rates and maybe taxes play a role.”
Miron was critical of recent federal housing policy changes, warning they could reduce the number of new homes being built and further constrain supply that was even highlighted in the budget.
He also highlighted the importance of the property sector to the broader economy, noting that residential real estate and related industries employed more than one million Australians.
McNeice, who advises developers on sales strategy and market intelligence, said understanding buyers had become increasingly important as affordability pressures intensified.
While affordability remained a major consideration, she said today’s buyers were focused on value rather than simply price.
“People are looking for value for money,” she said.
She said buyers were increasingly evaluating factors such as transport connections, walkability, nearby amenities and flexible living spaces that could accommodate changing family needs.
“What infrastructure is going on? Can I walk to the shops? Can I meet people at the local cafe?” she said.
The panel also discussed the mounting pressures facing developers, with Elbanna arguing that many projects become financially unviable from the moment a site is purchased.
“The viability of a development happens at the moment the site is bought,” he said.
He said rising construction costs, higher interest rates and overly optimistic feasibility assumptions had left some developers exposed as market conditions changed.
While acknowledging the growing number of smaller and first-time developers entering the market, Elbanna said property development required expertise across finance, construction, marketing and legal disciplines.
“It is actually a business that requires a level of expertise,” he said.
Looking ahead, the panel agreed opportunities remained in the market despite current challenges.
Miron said property should continue to be viewed as a long-term investment and cautioned against trying to time short-term market movements.
McNeice said success would increasingly depend on identifying projects that genuinely met changing buyer expectations.
Elbanna said affordable housing remained achievable, but developers needed to deliver more than just homes.
“We can provide affordable housing in this country,” he said.
“But we’ve got to wrap that affordable housing with the things that people want.”
As Australia’s housing affordability debate intensifies, the panellists agreed on one point: without a meaningful increase in housing supply, demand-side measures alone are unlikely to solve the nation’s property challenges.
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Rising rates, construction inflation and shrinking investor confidence are pushing Australia deeper into a dangerous housing spiral that monetary policy alone cannot fix.
