This is a $52 million
Hamptons beach
house
A beachfront property recently listed for $52.5 million offers a glimpse of what life is like on the stretch of road in the Hamptons known as “Billionaire Lane,” due to its especially wealthy residents.
The seven-bedroom stucco mansion sits on a roughly 3-acre property that features amenities such as a 35-foot pool and hot tub with views of the ocean, tennis court and detached two-car garage with a studio, according to a listing from The Corcoran Group.
The third-floor master bedroom also has its own balcony with an ocean view, along with walk-in closets, a fireplace and a 60-square-foot tiled bathroom with arched ceiling.
Located on Southampton’s Meadow Lane, the home reportedly belongs to Phyllis Pressman, the wife of the late Barneys New York chairman Fred Pressman.
Just down the road, Ken Griffin, the billionaire founder and CEO of the hedge fund Citadel, reportedly bought a beach home worth as much as $100 million from fashion icon Calvin Klein in June.
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