The Hamptons estate of a late hedge funder just sold for $27 million

Jack Nash Hamptons
The compound sits on six acres, including 500 feet of land fronting Mecox Bay. Corcoran Group Real Estate

A Hamptons home that belonged to the same family for more than 30 years has finally sold after more than a year on the market, according to The Wall Street Journal.

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Dating back to 1904, this Water Mill mansion previously belonged to Jack Nash, the co-founder of the hedge fund Odyssey Partners.

Nash died in 2008, and his wife, Helen, had put the house on the market with Corcoran and Harald Grant of Sotheby’s International Realty.

Though realtors had originally hoped to get $38.5 million for the home, it finally sold for $27 million — a 30% reduction.

The home sits on Mecox Bay and includes panoramic ocean views and even a livable water tower.

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Alyson Penn wrote an earlier version of this story. 

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This expansive, waterfront Hamptons property belonged to the Nash family for 30 years.

Nash Water Mill Estate
Sotheby's International Realty

The compound sits on six acres and has 500 feet of land fronting Mecox Bay.

Jack Nash Hamptons
Corcoran Group Real Estate
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The property is said to have stunning Linden maple and dogwood trees.

Nash Water Mill Estate
Sotheby's International Realty

The main home itself is approximately 8,000 square feet, and it has 6 bedrooms and 8 bathrooms.

Jack Nash Hamptons
Corcoran Group Real Estate
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The historic home was originally built in 1904, and apparently it has held up pretty well.

Nash Water Mill Estate
Sotheby's International Realty

The kitchen has modern appliances.

Nash Water Mill Estate
Sotheby's International Realty
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Evidence of the home's history is readily apparent in the bathroom, however.

0680b946d9964141ac24dddc5c4653f6
Sotheby's International Realty

This is one view of the backyard, where you can see the heated pool is just a few steps from the bay.

Nash Water Mill Estate
Sotheby's International Realty
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The property also includes wide porches, a tennis court, a dock on the bay, and a four-bedroom guesthouse.

Jack Nash Hamptons
Corcoran Group Real Estate

The tennis court is surrounded by beautiful ivy-covered brick walls.

Nash Water Mill Estate
Sotheby's International Realty
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The guesthouse is actually a four-story water tower, complete with a bedroom, bathroom, and kitchenette.

Jack Nash Hamptons
Corcoran Group Real Estate
Real Estate
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