Here's why Martha Stewart’s Hamptons home sold for nearly double the asking price

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Here's why Martha Stewart’s Hamptons home sold for nearly double the asking price
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Martha Stewart’s 19th-century East Hampton Lily Pond Lane cottage has found new owners.

This article is reprinted by permission from The Escape Home, a newsletter for second homeowners and those who want to be. Subscribe here. © 2021. All rights reserved.

The number and particulars of Stewart’s home did not surprise Melissa Principi, a Hamptons-based real estate agent with Douglas Elliman. While off-market sales are becoming more commonplace, they have long been the preferred choice for high-profile sellers. “It was the oldest house on the block and a total wreck,” she said in a story about the home on her website. “I decided I had to have it.”

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