The waterfront property boasts private cottages, inn and award winning restaurant.
Several properties over $5 million recently left the market.
A Water Mill estate left the market for $5,000,000, earning it the top transfer.
The top transfer was for $16,000,000 for two parcels of land in Southampton.
The top transfer was a $10,250,000 Southampton adobe.
The top transfer was a $24,000,000 Southampton home.
"These precious landmarks are a significant part of Southampton's rich heritage and identity," said Councilman John Bouvier.
The former home of "Big" and "Little" Edie Beale sold for $15.5 million.
"Hamptons high-end market absorption rates indicate slower movement in that sector but there are still plenty of opportunities in the high end," explained Carl Benincasa.
Attendees enjoyed tours of the historic 1833 Historic Nathan P. Howell home, which is located on the renowned Captains Row in Sag Harbor.
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