The Real Deal New York

Don Peebles wants $14M for his Bridgehampton mansion

Developer bought the property for $5.39M in 2007

March 21, 2016 11:30AM
By Katherine Clarke

Don Peebles and his Bridgehampton home

Don Peebles and his Bridgehampton home

Developer and possible mayoral candidate Don Peebles is looking to sell his Bridgehampton compound, just two months after he struck a deal to sell his Washington, D.C. mansion.

Peebles has listed the home, which sits on 10 acres and has a Versailles-esque double staircase in front, for $14 million with Kathy Konzet of Sotheby’s International Realty.

Last month, he sold his four-bedroom D.C. manse for $5.8 million.

Konzet did not immediately respond to a request for comment.

The Bridgehampton mansion, at 1100 Brick Kiln Road, has five bedrooms and 5.5 bathrooms, a great room, an office, a private den and a dramatic marble lobby. There are french doors throughout. The property also comes with a one-bedroom guest house, and there’s a swimming pool and a pool house on the grounds.

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The home is on the market for $14 million

The Peebles family first fell in love with the property while renting it in the summer of 2004, according to previous reports. They eventually bought it for $5.39 million in 2007 after the prior owner slashed his asking price from $20 million.

“When I buy, I want to be able to feel good that I can sell it in any market and not lose money,” Peebles told the Wall Street Journal in 2014.

The property was designed by Peter Cook, architect to the stars and ex-husband to Christie Brinkley. It was built in 2000.

The Peebles family won’t go without a getaway home this summer. They also own a Sag Harbor beach pad, which they bought at auction for $2.2 million in 2008.

The Real Deal reported on Saturday that the Peebles Corp. sued its former CIO Tawan Davis in Miami-Dade County, claiming he misused insider information to land a job with competitor ScanlanKemperBard. Davis denies the accusations.