The transaction involves two contiguous parcels of land located at 8 and 10 On the Bluff in North Haven, which sold for $25,500,000. The site offers nearly four acres of land with 322 feet of waterfront frontage and presents development potential for a multiresidence family compound.

Summary of transaction details:

• Property Type: Land
• Transaction Amount: $25,500,000
• Address: 8 & 10 On the Bluff
• Market: North Haven
• Brokers: Stephen Kane, Martha Gundersen & Paul Brennan - Douglas Elliman; Cody Vichinsky - Bespoke Real Estate

This sale has set a new record for a vacant waterfront land sale in North Haven, marking a significant event in the local real estate market. The brokers involved played essential roles in facilitating the transaction, representing the interests of their respective clients throughout the process.