Hedge funder Scott Bommer sells oceanfront Hamptons estate

Historic beach house goes for $16M after being listed for $25M in 2013

TRD New York /
Oct.October 14, 2014 01:50 PM

Hedge-fund manager Scott Bommer (who is known for flipping homes in the Hamptons) has finally sold his historic oceanfront estate in Southampton for $16 million, according to Curbed Hamptons

Bommer originally put the house on the market in September of 2013 for $25 million, but has since had to lower the price multiple times. According to Southampton Village Real Estate, the final price was $16 million — a staggering $9 million and 20% below Bommer’s asking price.

The historic beach house, known as the Halcyon Lodge, was once a part of the Henry Ford estate.

In 1946, Mr. and Mrs. Henry Ford II commissioned the famous architect Phillip Johnson — known for building the Glass House — to build a one story glass wing addition to the estate.

The home sits on 1.5 acres of land with 142 feet of oceanfront. Inside there are eight bedrooms, six baths, a heated pool, and a three-bedroom carriage house for guests.


Related Articles

arrow_forward_ios
Robert Futterman charged with DUI in Hamptons car crash

Robert Futterman charged with DUI in Hamptons car crash

Robert Futterman charged with DUI in Hamptons car crash
A new report finds that Hamptons prices skyrocketed as demand outpaced supply this year (iStock)

Report details Hamptons rental boom

Report details Hamptons rental boom
Ron Perelman and his estate in the Hamptons (Getty; Google Maps)

Ron Perelman mulls listing Hamptons estate for $180M

Ron Perelman mulls listing Hamptons estate for $180M
Renters continue their tri-state bookings, eliminating the post-Labor Day slowdown (iStock)

In Hamptons and elsewhere, season no longer ends on Labor Day

In Hamptons and elsewhere, season no longer ends on Labor Day
32 Windmill Lane and Andrew Saunders (Realtor)

Hefty prices, robust sales: Hamptons market thrives in Q2

Hefty prices, robust sales: Hamptons market thrives in Q2
Chopper ride-sharing services are seeing increased demand for Hamptons helicopter route as wealthy New Yorkers book commutes to Manhattan (Illustration by The Real Deal; iStock)

Chopper rides from Hamptons fly off the shelves as Covid changes plans

Chopper rides from Hamptons fly off the shelves as Covid changes plans
In the Hamptons, the median sales price hit $1,080,000, up 9 percent over the first quarter (iStock)

Home prices set new records as inventory falls across Long Island

Home prices set new records as inventory falls across Long Island
Corcoran's Pam Liebman and Bespoke's Cody and Zachary Vichinsky. Inset (clockwise from left) Zibby Schwarzman, Vera Wang, Barry Weiss, Mohammed Grimeh, and Ian Snow (Getty, Abana, Wikipedia Commons; Liebman by Sasha Maslov)

Corcoran exposes Bespoke’s little black book in Hamptons legal battle

Corcoran exposes Bespoke’s little black book in Hamptons legal battle
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...