Corcoran agent Sheri Winter Parker has made history on the North Fork—again.
The long-time real estate agent and area expert recently represented the sale of a 77-acre waterfront property at 4170 Indian Neck Lane in Peconic, a remaining chunk of the once 148-acre farm located at 4170 and 3375 Indian Neck Lane. When Parker represented that farm in fall 2024, it set a record for its $35.5 million asking price. Parker previously broke records with the property in 2008, with a sale of $19.5 million, then the highest transaction on the North Fork.
The farm was composed of five parcels and several components, 60 acres of which were a certified organic farm with a produce production line for vegetable washing and packing. At the time, the estate also included a main house, multiple outbuildings outfitted for hospitality or entertaining, a chef’s garden, a state-of-the-art fitness and wellness barn, and infrastructure for solar energy. Listing notes of the time referred to the property as “a sanctuary of sorts for people and animals, including ‘a refuge for an abundance of wildlife, including quail, pheasant, songbirds, owl and red-tailed hawks.’ ”
Northforker reported on the “Dream Home” listing for the four-bedroom main home in December 2024. At that time, Parker told Northforker, “Rarely does a property of this stature come to market on the North Fork. As a matter of fact, there is no other property of this magnitude on the North Fork.”
Parker and Corcoran were unable to comment on the current transaction, which represented the final chapter of the farm’s assemblage, but she notes the transaction indicates potential and sets the stage for other large parcels on the North Fork to be similarly considered.
“And there are some important ones,” she says.
Parker has seen the North Fork rise in popularity and prestige and, like other markets on both the North and South forks, the attention is cyclical. But one thing remains constant: the rise in prices.
“The reality is that single family home price prices have been rising year over year and I’ve talked to so many people who have been on the sidelines waiting for a price break,” Parker says, commenting on the market in general.
Corcoran reports that during the third quarter of 2026, the volume of North Fork single-family home sales rose 22% year-over-year, an increase of 18 transactions, bringing the total to 99 reported closings. In the luxury sector— defined as the top 10% of all home sales by price during the quarter—the median sales price on the North Fork grew 21% year-over-year to $3.750 million, according to Daniel Charles, a spokesman for Corcoran. “This increase was due to a greater share of sales at or above $4 million … a full half of all North Fork luxury sales during the third quarter were at or above $4 million, compared with just 13% a year ago,” he said.
Charles notes the luxury sales helped drive a record average price of $1.395 million, a 3% rise over last year, and the highest third-quarter average on record. The $12.35-million sale of the Old Field Vineyard in February 2026, represented by Compass, was the most expensive single-lot sale in Southold Town history and helped drive the spike in luxury sales.
