Fashion designer Ralph Lauren is in contract to buy playwright Edward Albee’s former estate in Montauk, the Wall Street Journal reported on Thursday. The property had last been listed for $20 million, the first time on the market in 50 years, but the final sale price has not been confirmed. Located on 2.8 acres with 200 feet of Atlantic Ocean frontage, the four-bedroom home was first purchased in the 1960s by the “Who’s Afraid of Virginia Wolf” writer, who died in 2016. With this purchase, Lauren, who owns homes on either side of the property at 320 Old Montauk Highway, adds to his continuous strip of oceanfront real estate.
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Sited on 2.8 acres, with 200 feet of Atlantic Ocean frontage, the estate at 320 Old Montauk Highway in Montauk was purchased in the 1960s by the renowned “Who’s Afraid of Virginia Wolf” playwright, who died in 2016. The property is now for sale asking $20 million. Albee’s Tribeca loft is also on the market for $9 million. The legendary stage actress Uta Hagen reportedly convinced Albee to buy the Montauk property, which he proceeded to populate with a collection of native plants and trees. This is the first time it’s been on the market in more than 50 years.
This five-acre waterfront family getaway on the Hamptons’ Peconic Bay was designed by Manhattan-based firm Mapos with the intention of being sustainable and timeless (h/t Dezeen). The site’s existing tree arrangement was maintained at the request of the family, who were particularly taken by an old Sycamore. So as to not disturb the existing fauna on the property, it was also decided that only unfinished materials would be used in the home, including steel and concrete – painted sheetrock was strictly out – and allowed to naturally patina.
Image of Luann De Lesseps: Wikimedia Commons.
Back in 2017 6sqft reported on the growing trend that saw celebrities and the well-heeled-and-hip ditching the hamptons for upstate and Catskills getaways. “Real Housewives of New York” regular Luann De Lesseps must have just gotten the memo; she’s put her Sag Harbor house on the market for $6.25 million–and she’s asking $150,000 in rent for the place during August. The New York Post quotes a friend of the former countess: “She loves the Hamptons, and her house, but it’s time for a change. The Hamptons is changing, and she’s looking elsewhere to summer. She’s in love with the Catskills.”
Just six months ago, “Real Housewives of New York City” star and Skinny Girl maven Bethenny Frankel bought her second home in the Hamptons, a huge and historic Bridgehampton spread at 2623 Montauk Highway. The 4,200-square-foot home, a former bed-and-breakfast known as the Morning Glory House, cost her $2,037,000, but she merely made the purchase as an investment, keeping her Bridgehampton residence as her main home. And now she’s looking to cash in, as Curbed Hamptons reports that Frankel has re-listed the property for $2,995,000.
Property in Montauk–where billionaires live in trailer parks–just isn’t like other places. For example, this windmill house was built in 1928 by Arthur W. B. Wood, an architect who was enamored of–you guessed it–windmills. Though the windmill that’s part of the six-bedroom home at 162 Fairview Avenue isn’t a real, functional windmill, it is the only windmill house in Montauk. And it’s currently on the market for $1.9 million.
Photo of Marilyn Monroe via Wikimedia
Haven’t planned a summer vacation yet and have $55,000 floating around? Then consider renting this East Hampton windmill home, a unique abode once leased in 1957 by Marilyn Monroe and Arthur Miller. The charming two-bedroom, one-bathroom house measures 1,100 square feet across three floors. The windmill home, located in the historic Amagansett neighborhood, is currently only available for the entire summer, from Memorial Day to Labor Day, and year-round for $68,000 (h/t Curbed Hamptons).
Former NBC anchor Matt Lauer seems to be having trouble selling his “spare” Sag Harbor house–one of three Hamptons homes he owns with his likely soon-to-be ex-wife Annette Roque–which the disgraced ex-“Today Show” co-host is currently listing at $12.75 million, according to the Observer. Lauer first listed the 25-acre estate at 2301 Deerfield Road for $18 million in July of 2016. The asking price was shaved by $1 million that September, and then again in June 2017 to $14.9 million. The 8,000-square-foot, six-bedroom shingle-style house comes with a huge gunite pool and pool house, tennis court and gorgeous landscaped grounds and was designed by architect Daniel Romualdez with interiors by Muriel Brandolini; but the answer still seems to be no, thanks.
Actress Ali Wentworth and her husband George Stephanopoulos, a political reporter and co-anchor of Good Morning America, have listed their impressive, gated estate in Southampton for $5.995 million. The home at 5 Cameron Way sits on over an acre of land just off Hill Street. According to Curbed Hamptons, the power couple first purchased the sprawling estate for $4.5 million in 2013. A year later, they also picked up a Lennox Hill co-op for $2.2 million.
After two years as a rental and seven months on the market, the infamous Grey Gardens Estate has gone into contract for the first time in 40 years. The 28-room mansion was last listed for $18 million, but according to the Washington Post, the exact sales price and buyer haven’t yet been revealed. Though now a stunning Hamptons home, as 6sqft previously explained, it gained notoriety as a “decrepit, crumbling, cat-infested, overgrown horror,” after its isolated residents, Edith wing Bouvier Beale and her daughter Edith Bouvier Beale (the aunt and cousin to Jackie O), were featured in the 1975 documentary “Grey Gardens.”