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41 Edgewood Avenue
About This Property
Tucked away on one of Bridgehampton village's most charming and whisper-quiet streets, this warm yet sophisticated retreat offers a rare sense of privacy and serenity just moments from town, with the picturesque Ludlow Greens covered bridge at the end of the block.
A gracious front lawn and covered porch welcome you home, while the perfectly aligned entry creates striking sightlines that extend through the residence, beyond the stone patio and gunite pool, and across sweeping stretches of lush, undeveloped green space beyond. Every major room opens gracefully to the outdoors, creating an extraordinary connection to light, landscape, and stillness.
Filled with natural light and soaring ceilings, the home is defined by beautifully scaled rooms, refined proportions, and a layout designed for both comfort and separation. Distinct living spaces offer privacy throughout, including a gracious family room and formal dining room that open through French doors to intimate porches and tranquil garden frontage.
The dramatic 31' x 22' living room features a fireplace, soaring volume, and elegant French doors, creating a setting equally suited for quiet evenings or large-scale entertaining. The kitchen was thoughtfully designed as a natural gathering space, seamlessly extending outdoors for effortless indoor-outdoor living and entertaining.
The first floor offers three generously proportioned bedrooms and three full baths, thoughtfully positioned for privacy. Upstairs, the secluded primary suite feels like its own private wing, complete with a room-sized dressing area and additional space ideal for a sitting room, office, wellness room, or private retreat.
The finished lower level adds exceptional versatility with a media room, sauna, game room, full bath, and abundant storage. An unattached two-car garage with studio space above further enhances the property's flexibility.
With low real estate taxes, exceptional privacy, and a coveted village location moments from shops, restaurants, and ocean beaches, this celebrity-owned property represents a rare offering in the heart of Bridgehampton.
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 22, 2026 | Sold | ||
| Sold | |||
| Aug 11, 2026 | In contract | - | |
| In contract | |||
| Jul 18, 2026 | Price Decreased |
$3,950,000
↓ $545K
(12.1%) | |
| Price Decreased | |||
| Jun 12, 2026 | Price Decreased |
$4,495,000
↓ $755K
(14.4%) | |
| Price Decreased | |||
| May 15, 2026 | Listed by Sothebys Int'l Realty Hamptons | $5,250,000 | |
| Listed by Sothebys Int'l Realty Hamptons | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017