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Andy Warhol’s Hamptons Estate Sold For $50 Million

Andy Warhol’s Hamptons Estate Sold For $50 Million

Andy Warhol’s former estate overlooking the ocean at the very tip of the Hamptons in Montauk has been sold for $50 million, believed to be a record for the former fishing village. Adam Lindemann, founder of the gallery Venus Over Manhattan and a “Warhol collector,” bought the 5.7-acre estate from the current owner, J.Crew CEO Millard Drexler. Drexler bought the property in 2007 for $27.5 million.

Andy Warhol’s Hamptons Estate Sold For $50 Million
Andy Warhol’s Hamptons Estate Sold For $50 Million

The 1930s-era Montauk compound is called “Eothen,” meaning “from the east,” and features a 3,800-square-foot main house and five cottages, a swimming pool, and a tennis court amid the 5.7-acre property. A 24-acre horse farm was also listed with the property for $85 million, but Lindemann opted out of purchasing the farm.
Over the years, a number of celebrities graced the compound, including the Rolling Stones, John Lennon, Jacqueline Kennedy Onassis, and Elizabeth Taylor.

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Written by Slamchica

Aleksandra Arsenovic graduated with a degree in economics and has a master degree in tourism. Since she worked as a travel agent, she has traveled around the world and developed an interest in luxurious hotels and exotic destinations. As a big fashion fan, Aleksandra loves expensive and luxury fashion items. As an editor of Extravaganzi she shares her knowledge about travels, fashion and accessories.

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