Times of India·3 min read·easy

Lee Radziwill’s East Hampton home listed for $120m later sold for $72m

T
TOI REAL ESTATE DESK
Lee Radziwill’s East Hampton home listed for $120m later sold for $72m
AI Summary

The historic 'Dune Cottage' in East Hampton, once owned by Lee Radziwill, sold for $72 million after being listed for $120 million. The sale highlights the cooling of the luxury real estate market in the Hamptons.

Why it matters

It illustrates current pricing pressures on high-end trophy properties in exclusive real estate markets.

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The ‘Dune Cottage’, which was once part of the historic Wiborg Estate and later owned by Lee Radziwill, has changed hands for $72 million. The sale of the 3.6-acre oceanfront compound in East Hampton closed in March this year, making it the largest known home sale in the Hamptons in 2026, Hamptons Coastal reported.The estate at 43 East Dune Lane entered the market in 2024, with an asking price of $120 million. After sitting on the market for seven weeks, it received a $25 million discount, reflecting the pricing pressure faced even by trophy properties. Many prospective buyers approached, and the deal was closed for $72 million.Terry Cohen of Compass, along with Hedgerow Exclusive Properties and Chris Covert and Adam Modlin of Modlin Group Hamptons, represented the sellers.

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