Louise Blouin’s sprawling Southampton compound has been on and off the market for years with a price tag that would set a big record if it sold for that sum.
What does it take to sell a multimillion-dollar Hamptons home? In the case of this $150 million listing, it seems to be time.
A sprawling Southampton compound has been on and off the market since 2016 — and if it trades hands for its cool asking price, it would crush an all-time record for the tony East End.boasts a sunken tennis court, two swimming pools and two houses with a combined 19 bedrooms and more than 16 bathrooms — all set on two adjoining lots boasting more than 400 feet of bulkhead beachfront between them.
“This house is the furthest thing from a tear-down, but if the house wasn’t here, this lot alone, each one of them would be worth $50 million,” listing broker Shawn Elliott of Nest Seekers — who holds the listing with Geoff Gifkins —An aerial view of the property.A home theater within the compound.The outlet added that, beyond the spread struggling to sell over the years, the potential pool of buyers is limited — and nine-figure sales in the Hamptons are rare.
Back then, there were no takers — but the property over the years has been available as a summer rental. This year, staying there for one month would run $1.2 million, CNBC adds.The estate is set on 4.2 acres and has space aplenty for plush seating areas.CNBC notes she faced a potential foreclosure and bankruptcy court proceedings to keep control of the estate. In August, she brought the offering back to market for this higher sum.
The current trophy-holder for the priciest sale in the Hamptons is $137 million. That was set in 2014 and was a sale for three contiguous lots running across 16 acres in East Hampton. Only five Hamptons homes in history have ever gone for more than $100 million, according to Jonathan Miller, president of real estate appraisal company Miller Samuel, CNBC added.
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