Ben Ashkenazy, CEO of Ashkenazy Acquisition Corporation, lists his expansive 80-acre equestrian estate in Water Mill, NY, for sale at $125 million.
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Ben Ashkenazy, CEO of Ashkenazy Acquisition Corporation, listed his 80-acre equestrian estate in Water Mill, NY, for $125 million, potentially setting a record for the Hamptons’ real estate market. Located at 165 Cooks Lane, this estate represents a significant investment and personal passion project for Ashkenazy, who has invested $60 million into enhancing the property.
Owned by Ben Ashkenazy and his wife, Debra, the property spans 80 acres and includes four contiguous parcels. It features a custom-built 20,000-square-foot main residence with eight bedrooms, nine full bathrooms, and four half bathrooms. Luxurious details include nine wood-burning fireplaces salvaged from 17th- and 18th-century French chateaus, hand-carved limestone and marble bathtubs, and parquet floors made from centuries-old French oak barns.
Originally purchased for $26.2 million, Ashkenazy transformed the property into the largest equestrian compound in the Hamptons, featuring a main residence built by the renowned Jeffrey Collé.
The Ashkenazy family, who during the summer reside at their beachfront home in Southampton, assembled this property to cater to the family’s passion for horses and avid polo playing.
The estate also boasts premier equestrian facilities, such as private boarding stables, riding and jumping rings, and a polo field, making it the largest equestrian compound in the Hamptons. Additional amenities include an outdoor heated gunite pool, a sunken tennis court, and a pool cabana. The property is adjacent to a 184-acre agricultural preserve, ensuring privacy and expansive views.
According to Michael Cantwell of Bespoke Real Estate, the listing agent, this is one of the only places left in the Hamptons with significant acreage. The estate has previously listed for rent at $125,000 per month, attracting high-profile tenants.
The combination of luxury, privacy, and top-tier equestrian facilities makes this listing a standout in the Hamptons’ competitive real estate market.
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