Here’s a good investment! A family compound bought for $150,000 in the 1970s is now on the market for $9.5 million.
The seller is artist Robert Hooke, a Vietnam vet who got his start in finance on Wall Street. The sculptor owns a 4-acre property at 5 Peconic Ave. in Noyack that includes a pond bought for $15,000.
It’s part of Northampton Shores, a 100-year-old waterfront community, and is adjacent to the Elizabeth A, Morton Nature Reserve.
He is known for sculptures of animals made out of marble, soapstone, alabaster and patinated bronze.
The compound, which has been in his family for decades, is made of three separate parcels.
The first is a 1.4-acre lot with a two-story, 2,000-square-foot home on a pond. That home consists of three bedrooms, three bathrooms and sunset views.
There’s room to build a 7,000-square-foot home, a pool and a pool house on this property.
The adjacent 1.66-acre lot comes with a tennis court but could also house another residence.
The third lot has a pond, a bathhouse, a deck and 174 feet on Little Peconic Bay, with views of Robins Island and the North Fork.
The listing brokers are Hara Kang, Justin Agnello and James Keogh of Douglas Elliman.