A century-old Hamptons cottage, built on farmland bought for just $50, has hit the market for a jaw-dropping $14.25million. Tucked away in Water Mill - one of the most prestigious enclaves within the opulent Hamptons - the historic Rosemary Lodge is now recognized as one of the area's premier legacy estates. The five-bedroom home, originally constructed in 1884 by Reverend Henry Turbell Rose, sits on just under an acre of land and has been meticulously preserved and modernized over its 141-year lifetime.
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