Real estate
WSJ Real Estate - The Linden Estate, a roughly 9-acre private residential compound in Southampton, N
The Linden Estate, a roughly 9-acre private residential compound in Southampton, N.Y., has sold for $70 million, according to a real-estate agent involved in the sale. The deal is one of the most expensive to have closed in the Hamptons this year, records show.The sellers are onetime fashion executive Jurgen Friedrich and his wife, Anke Beck-Friedrich, records show. Tim Davis of the Corcoran Group, who co-listed the property and represented the buyer, declined to identify the purchaser but said it was an international businessperson. He said the deal represents the highest price ever paid for a non-waterfront property in the Hamptons.The property has been on and off the market for more than a decade and was most recently listed for $69.95 million at the end of 2021, Mr. Davis said. The Friedrichs paid $8.5 million for the property in 2002, records show. They then spent tens of millions of dollars renovating it, said Davis, who co-listed the property with Harald Grant of Sotheby’s International Realty.The main house spans more than 18,000 square feet on three floors and has 12 bedrooms plus staff quarters, according to the listing. The compound includes a 60-foot outdoor pool, a spa, a pool house, a grass tennis court and a carriage house with a connecting greenhouse. There are also two detached four-car garages and an indoor pool with a waterslide.More via the link in bio.📸: RICHARD TAVERNA
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