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This Long Island Estate Goes Overboard With Preppy Decor

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Location: Sands Point, N.Y.
Price: $12,500,000
The Skinny: Built around the turn of the century in Sands Point, N.Y., The Moorings, as this estate is now known, was redesigned at the behest of U.S. Trust banker Louis Gordon Hamersley Sr. in 1930 and has since been recognized as one of the finest waterfront estates on Long Island's Gold Coast. Occupying nearly three acres of sloping waterfront, with 145 feet of private beach, a dock, and a boathouse, the property is crowned by the magnificent main house, an eight-bedroom, 7.5-bath mansion with five fireplaces. The interiors could use a little toning down, considering the egregious use of plaid, the utterly ridiculous wallpaper in the foyer, and, most disappointing, the red-white-and-blue meets chintz meets flat-screen television ordeal in the living room. Given the manse is listed for $12.5M, it shouldn't be too much trouble for the next (rich) owner to change out the 7,700 square feet of interiors.
· Sands Point [Elliman]
· The Moorings [Old Long Island]