Burnt Point – A $95 Million Waterfront Estate In Wainscott, NY

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Location: 38 Mathews Road, Wainscott, NY

Square Footage: 18,000

Bedrooms & Bathrooms: 8 bedrooms & 8+ bathrooms

Price: $95,000,000

This waterfront estate, dubbed “Burnt Point”, is located at 38 Mathews Road in Wainscott, NY and is situated on 25 acres of land with 2,000+ feet of water frontage on Georgica Pond. It was developed by Copper trader David Campbell who bought the property for $10 million in 2006 and built the home. He listed it for $50 million back in 2001 and sold it in 2005 to Stewart Rahr for $45 million. Stewart is the president and chief executive of Kinray Inc., the largest privately held drug distributor in the U.S.

The shingle style mansion was designed by Francis Fleetwood Architects and features approximately 18,000 square feet of living space with 8 bedrooms, 8+ bathrooms, 2-story foyer with staircase, elevator, formal living & dining rooms, paneled home office, library, gourmet kitchen, breakfast room, family room, home theater, game room, wine cellar, garage and more.

Outdoor features include a gated entrance, balconies, patio, swimming pool with spa, gazebo, clay tennis court with viewing pavilion, greenhouse, private beach, dock and a boat house.

 

It is listed at $95,000,000.

CLICK HERE FOR THE LISTING

  • horselips

    Water frontage on a small, landlocked, 6 acre lake is like building a bridge to nowhere. Now, if there is a passage from the lake to the open sea that is navigable for an every-day, garden-variety superyacht, then fine.
    The mansion, despite its puffed up pedigree, is just average with nothing exceptional to mention. The 25 acre lot is desirable but the asking price is a couple of times what anyone with as many brains as dollars would pay, especially since it last sold for less than half that in 2006.




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