Famed Henry Ford Estate in Southampton to list for record $175M

Owner Brenda Earl bought the house in 2002

TRD New York /
Aug.August 17, 2017 01:50 PM

The Jule Pond home

Portfolio manager Brenda Earl, a former partner at equity fund Zweig-Dimenna, will list her massive Hamptons estate for $175 million, making it the most expensive property on the market in the Hamptons.

Earl acquired the massive oceanfront estate, which was originally built for Henry Ford, in 2002, records show. Known as Fordune, the compound sits on 42 acres and comprises a 20,000-square-foot main house with 12 bedrooms, a carriage house, basketball and tennis courts, a 60-foot pool and a six-car garage.

The property dates back to 1960 and has three separate wings, including one with its own separate entrance, according to previous reports.

Ford’s first wife, Anne McDonnell, took title to the property after divorcing him. She reportedly sold it to Italian financier Carlo Traglio for just $1.8 million in 1975. It wasn’t immediately clear what Earl paid for the property. She bought it under the guise of an LLC, Yumi & The Kids, registered to her address at 1165 Fifth Avenue.

Bespoke Real Estate, headed by brothers Cody and Zach Vichinsky, has the listing.

If it sells for its asking price, the property would be the most expensive home ever sold in the Hamptons. The record price paid for a U.S. property was set by another Hamptons property in 2014, when hedge fund manager Barry Rosenstein, of Jana Partners, paid $147 million for a home in East Hampton.

The most expensive home currently on the market in the U.S. is the Bel Air home of late Univision chairman Jerrold Perenchio, which hit the market earlier this month for $350 million.

Related Articles

Brokerage firms are strategizing ways to make up losses after the cost of application fees was capped at $20. (Credit: iStock)

Brokerages on rental application fee cap: “It hurts”

Alex Rodriguez (Photos by Guerin Blask)

A-Rod is coming for NYC and SoFla real estate

There will be 70 agents based at the new office (Credit: iStock)

Compass opens Long Island City office as new-development sales surge

The Daily Digest - Tuesday

New life for Toys “R” Us, Masa Son is “embarrassed” with the Vision Fund: Daily digest

Nooklyn CEO Harley Courts (Credit: iStock)

Brokerage slashes agent commissions, delays payments after rent law change

Real estate bigwigs get into fistfight at Hamptons hotspot

The Daily Digest - Tuesday

NYC apartment prices hit 4-year low, Pacific Park developers reveal new plans: Daily digest

LeBron wanted it and California’s governor signed it. What the college athlete compensation law means to real estate