Historic Oleg Cassini Estate Sale is a Record Breaker
August 29, 2019
Laffey Real Estate is pleased to announce the sale of the late Oleg Cassini’s sprawling 43 acre estate in Oyster Bay Cove. This is the highest recorded price for a home in Nassau County year to date 2019. Located at 313 McCouns in Oyster Bay Cove, the estate sold for $9,035,000 million in less than 260 days. Philip C. Laffey and Mark T. Laffey, Broker Owners, handled both sides of the transaction.
“We have listed some amazing properties but this one was truly remarkable,” explained Philip Laffey. “The history and celebrity of Cassini and his impact on the fashion world was found throughout the estate. Of course, the property itself really captivated the uniqueness and opulence of the Gold Coast age.” According to a 1918 piece in Architecture Magazine, John Chandler Moore, Chairman of Tiffany & Company c. 1915 built the Oyster Bay Cove property that bears his name. ‘Moorelands’ was designed by architect, Charles Berg, in the Italian Renaissance style of the day.
Purchased by Oleg Cassini, the late designer lived there until his death in 2006. The estate remains a pristine reminder of early 1900s affluence and social standing. A testament to superb construction standards, the main residence was one of the few remaining inhabited Gold Coast estates.
Surrounded by private estates, the natural deciduous and coniferous plantings that border the hilly property provide ample sound and privacy buffers. Year round views of Oyster Bay Harbor add to the tranquility of the visual landscape. The winding tree-lined drive, flanked by canopy of mature deciduous trees and multi-hued hydrangeas, opens to the massive (appx) 12,000 sq ft. brick 14-bedroom, 8.5 Bath three level main house. In addition to the resort like pool and cabana on the grounds, the property has a pond, tennis court, two barns, and a large Carriage House with 4 apartments encompassing 8 bedrooms, 5 baths and 4 kitchens.
Philip and Mark, co-owners of Laffey Real Estate, have a history of working with the affluent and celebrated sellers including the late Alan King’s Estate on the bluff in Kings Point. Their curated brand of marketing homes pales in comparison to the vast network of affluent buyers and investors of premier homes on the North Shore and beyond.