Real Estate

$8 Million Asharoken Property Under Contract

22 acre property sells to Asharoken native.

An $8 million property in Asharoken has found a buyer.

According to Newsday, John Rittenhouse, chief executive of EDF Trading, is under contract to buy Duck Island Way, a 21.9 acre peninsula extending into Northport Harbor. 

Rittenhouse, 55, currently lives in London but grew up in Asharoken; his father the former police commissioner and his mother a former zoning board member. He told Newsday he is "going back to his roots" and doesn't plan on subdividing the property.

The 11-bed, 6.5-bath Swedish Manor style estate dates back to the 1920s and features custom mill work throughout. An additional guest cottage and barn offers 4 bedrooms, 2.5 bathrooms and holds 7 cars. The property also sports over 4,000 feet of beachfront, a baseball field, private tennis court access, a pond, and a helicopter landing pad.

It has been in the same family for over 80 years.

Listing Agent Jacqueline Lewisy of Signature Premier Properties said the sale may set a record for the area. 

For more information on the property, visit http://duckislandway.com/.




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