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16
LAFFEY REAL ESTATE SELLS $9.6 Million RECORD BREAKING 2018 WATERFRONT PROPERTY
Laffey Real Estate is pleased to announce that Irene Sarraf, Licensed Associate Real Estate Broker in the Great Neck Office, represented the buyer of acclaimed 'Villa Verdi', the 8,600 sq ft waterfront estate on Gatsby Lane for a record $9.6 million. This represents the highest priced residential home sale in Nassau County for all of the year 2018 as per MLS data.
Situated on the northeast side of the Kings Point peninsula, Villa Verdi's captivating views of the Long Island Sound remains nature's opulent canvas. This prominent 
estate surrounded by a copse of lush landscaped greenery and architectural excellence sits atop the raised bluff showcasing the expanse of outdoor entertaining and luxurious lifestyle. With 14 rooms including a Grand Ballroom, Formal Dining Room and Master Suite, the craftsmanship is evident in the superb millwork and finest masonry.
Most notable, this sale represents the highest priced residential property sold in Nassau County in 2018. Alone this is perhaps not as remarkable as it sounds But consider that Kings Point, a mainstay for luxury large property estates, is located on the legendary shoreline of the Gold Coast of Nassau County, Long Island. Therefore, the record sale is most notable as the Gatsby Lane estate sits amongst the sprawling privet hedged homes of Sands Point, Old Westbury, Muttontown, Mill Neck and a host of distinguished private enclaves. These are all similar types of exclusive residences with comparable acreage, square footage, amenities and price points.
For the year ending 2018, there were 12 properties that sold for $5 Million or greater. For the 12 months ending 2017, there were 11 properties that sold for over $5 Million. In fact, at the time of this writing, the Kings Point residence remains the top sale residential property sold through January 2019.
Sarraf, a veteran in the Gold Coast real estate market, closed 27 transactions totaling over $23 Million in 2018. As a consistent top producer at Laffey Real Estate, Sarraf continues to embody the best in her peer group.
