June 5, 2013 by Leave a comment

So you saw the new flick, “The Great Gatsby” and maybe you’re thinking of upgrading your home. Maggie Keats of Elliman in Port Washington, New York has just what you’re looking for.

“8 Sands Light is part of the estate built by Alva Vanderbilt Belmont, and later owned by William Randolph Hearst,” explained Keats. “The House is built on former site of Beacon Towers’s tennis court. Hearst kept his wife at Beacon Towers and his mistress, silent film star Marian Davies, at Hearst Castle in San Simeon in CA.  He fell into default on the property in the 1940s and Dime Savings Bank foreclosed.   They built 8 homes within the gated enclave.  Beacon Towers is commonly thought to be the true inspiration for Jay Gatsby’s home in the Great Gatsby.  In the current film directed and conceived by Baz Luhrmann, Gatsby’s home mimics the Irish Gothic-style architecture of Beacon Towers.”

The heart of this home is its grand-scale Great Room with wood burning fireplace, custom shutter-style millwork and fully equipped bar. The formal dining room adjoins, offering the home’s second wood burning fireplace. The gourmet kitchen offers the third wood burning fireplace. Some of  the home’s extra features include a library with handsome bespoke bookshelves and cabinetry, home office, and spacious lower level, with bedroom, full bath and room for recreation that opens up to the sprawling back lawn and Long Island Sound just beyond.

Off to the northwest, in the Sound, is another small light house erected on a small island of rocks that are colloquially named “Execution Rocks” because prisoners were tied to those rocks and left to drown when the tides washed over them.

The home has been and is occupied by a family and is listed at $5,900,000. Leonardo DiCaprio is not included in the price. “The owners became engaged at Hearst Castle, in San Simeon and were delighted to find out when they first came to see the house that it, too, had a Hearst reference,” said Keats.

And here are some other Gatsby-style places to hang your hat:

131 Kirby Lane- Rye, New York

Architecture and landscape combine to dramatic effect at this superb waterfront manor which captures the ultimate luxury lifestyle in a premier locale. Custom-built Manor set on 1.16 acres on scenic Kirby Pond. Home features custom millwork, rich woods, soaring ceilings, gorgeous fireplaces, abundant French doors which all open to terraces and the astounding water vistas that never cease to delight. Replete with billiards/media room, mirrored gym, wine cellar, glass-wrapped indoor pool room with large lap pool, waterside balcony, spa, sitting area, sauna and steam shower. Elevator service to all four levels of the home and 3-bay garage plus ample courtyard parking. Outside, the beautifully planted landscape has been designed for the utmost privacy. The grounds take full advantage of the substantial private waterfront where swimming and boating can be enjoyed. A modern-day masterpiece offering a truly extraordinary backdrop for living and entertaining, this special estate stands as one of Rye’s most exceptional offering.

58 Cat Ridge Rd- North Salem, New York

A splendid combination of restrained classical beauty & sophisticated elegance, Northshire offers peace and privacy on 26 cloistered acres in the heart of North Salem. The great country houses of England are recalled in this 9000+ square foot brick masterwork built in 1934 for Woolworth heir, Richard W. Woolworth, and designed by Mott Schmidt, the preeminent country house architect of the era. Beautifully scaled, authentically detailed formal rooms are enhanced by a 5 year masterful renovation.

695 North Lake Way – Palm Beach, Florida

Magnificent 6 BR/6.5BA Regency residence on a wonderfully landscaped corner lot with many great features including covered loggia overlooking a heated pool, 3-car garage, attached 2-story guest cottage, generator & more. (source- Elliman)

748 Hi Mount Road – Palm Beach, Florida

Location and Views like no other! Gottfried built, uniquely situated on highest point in Palm Beach. Very private, gated estate with incredible architectural details throughout; high ceilings, crown molding, wine cellar, gym, theater, marble floors. (source- Elliman)

And this from Forbes.com:

No street boasts more billionaires than Southampton’s Meadow Lane. The median sale price for a home here last year was $18 million, according to PropertyShark. Access to the beach is free.

Copper Beech Farm trumps every other U.S. residence publicly listed for sale, asking about 40% more than the country’s second most expensive home, the $135 million Crespi-Hicks estate in Dallas, Texas.


Steve Viuker is a Brooklyn, New York business journalist. He has covered real estate, small business and banking for numerous national online and print media.

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