N
orth Fork sets a new record with an $11.2 M sale of a Gilded‑Age shingle‑style estate in Cutchogue. On Thursday, Oct. 30, the property broke the previous $10 M benchmark set last year at 1140 Park Ave, Mattituck. Bridget and Eric Elkin of The Elkin Team (Compass) handled the listing, while Kristy Naddell of Douglas Elliman represented the buyer.
The six‑bedroom, 7,500‑sq‑ft home at 12120 New Suffolk Ave sits on 140 ft of bayfront, offering a private sandy beach. Once the summer retreat of art dealer Barbara Gladstone, the estate blends historic charm with contemporary upgrades. Renovations preserved original details—custom hardware, period fixtures—while adding modern amenities.
The main level opens to a waterside living and dining area framed by fireplace alcoves, a chef’s kitchen with breakfast nook and butler’s pantry, a dedicated flower‑cutting station featuring a marble sink, and a screened porch that extends to an outdoor dining space and kitchen.
The primary suite occupies the second level, complete with ensuite bath, walk‑in closets, dressing room, and a cozy sitting room with a large fireplace. Five additional bedrooms, a library, an office, multiple wet bars, a laundry room, and five full baths—each with steam shower or soaking tub—round out the upper floors.
Perennial gardens and manicured lawns surround the property, while a gunite pool overlooks the bay. A lawn with sweeping water views leads to a path lined with sea grasses and wildflowers, culminating at the secluded beach. A historic icehouse adds to the estate’s storied character.
“The North Fork continues to reach new heights,” Naddell said. “Buyers are drawn here for its beauty, privacy, and lifestyle—world‑class vineyards, pristine beaches, and a tight‑knit community.”
This sale not only sets a new price record but also signals the direction of the market, reflecting the laid‑back luxury rooted in history and nature that defines the North Fork.
