Southampton, LI $26.5 million
With some 250 feet of direct oceanfront and a “sought-after” address on Gin Lane, this 6,000-square-foot, shingle-style Colonial is the perfect place to gather friends for a cocktail party (gin martini, anyone?). With 2 acres of “manicured” property that includes an in-ground swimming pool and an all-weather tennis court, as well as a separate guest house with five bedrooms, the estate is practically its own resort. The main house, with four bedrooms and 5 1/2 bathrooms, features a living room with a fireplace, an eat-in kitchen with a breakfast room, a paneled library, a media room and additional staff quarters. Agents: Raymond Smith, Paul Brennan and James Conroy, Prudential Douglas Elliman, 631-283-4343, 631-235-9611 and 516-456-7383
