Fashion designer Elie Tahari has dropped the price on his Hamptons house to $39 million, down from the initial ask of $45 million when it first hit the market in 2017. Located at 135 Crestview Lane in Sagaponack, the property boasts 2 acres of prime oceanfront in pricey Sagaponack and approximately 250 feet of frontage.
Tahari (the first designer whose clothes I bought way back in the day) initially rose to fashion fame back in 1973 when he popularized the tube top. Born in Jerusalem, he immigrated to the United States in 1971 with less than $100 and worked as an electrician at a boutique in Manhattan before he was able to start his eponymous label in 1974.
The Council of Fashion Designers member, who has appeared as a judge on “Project Runway All Stars” and has earned the Ellis Island Medal of Honor and the Brand Vision Award from the Fashion Group International, bought the property in 2005 for $12 million from his then wife, Rory. Interiors at the 4,500-square-foot, three-bedroom, three-bath home are by Tom Flynn.
The water theme is clearly notable here. Standout features include a 60-foot pool, huge shower, four-person steam shower, six-person hot tub and a wooden walkway to the beach. There’s also a light-filled sun deck, barn like great room, hearth-like fireplace, hidden garden, a forest of Russian Olive trees and a flagstone terrace with vine-covered pergola, and an outside basketball court, which is kind of surprising but cool. Permits are in place to potentially double the interior footprint, to approximately 10,000 square feet.
Represented by Ann Ciardullo and Keith Green of Sotheby’s. All photos courtesy Sotheby’s.