Real Estate

The top transfer was a 4 bedroom, 3 bath Montauk abode.

Rachael Ray and her husband, John, scooped up the property back in 2008 for $2,100,000.

"One of the last original romantic oceanfront beach cottages and one with a great funny vibe as it was owned by Mel Brooks," Mary Ann Cinelli said about the property.

"This rare, architecturally significant home designed by Charles Gwathmey is a remarkable piece of art that would be a great addition to anyone who is an avid collector," shared Hara Kang.

Villa Maria, the 22,000-square-foot Water Mill estate of the late shoe mogul Vince Camuto, topped this week's transfers.

"Sag Harbor seems to be the hub of activity with prices increasing with volume of sales," Ackerman explained.

"We are so excited to boost our presence in such a beautiful and important part of the East End community," said Carl Benincasa, Vice President of Sales for the Hamptons.

"We are excited to bring this tastefully renovated boutique hotel to market," said Michael Gembecki of Cushman & Wakefield.

"There was something magical about the place," Camuto said about the home.

"2017 was not kind to the high end. We knew going into that year that the second half of 2016 experienced a pull back for high end homes," reflected Judi A. Desiderio.