How a $50 Plot of Land Became a Multi-Million Hamptons Estate

A historic gem in the Hamptons has just hit the market: Rosemary Lodge, a beautifully preserved Victorian home in Water Mill, is listed for $14.25 million. Built in 1885 by Reverend Henry Turbell Rose, who purchased the land for just $50 and an additional $25 for the design, the Shingle Style residence spans 4,110 square feet and is recognized on both state and national historic registers.

The home features five bedrooms, four and a half baths, original stained-glass windows, hand-carved woodwork, and four fireplaces with intricate mantels and tile inserts.

Blending old-world charm with modern comfort, it includes a chef’s kitchen with top-tier appliances, a photography darkroom, and an outdoor cooking station beside a vegetable garden.

Although it was moved from its original highway-side location several decades ago, the home has managed to maintain its historic charm.

“There is no other home in the Hamptons with the built-in woodwork and hand-built furniture, with carvings and Shakespeare sayings,” listing agent Stevn Dorn told Galerie Magazine.

“It all comes with this magnificent luxury home with state-of-the-art bathrooms, and a huge chef’s kitchen overlooking the outdoor patio, pool, and pool house. And, you don’t have to worry about charging your electric car because there is a brand-new electric car charger that has been installed.” – Steven Dorn

The nearly one-acre property also offers a rose garden, heated pool, pool house with a full bath and outdoor shower, and spaces designed for entertaining and relaxation.

Click here to view this current listing