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

Owner Brenda Earl bought the house in 2002

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

Robert Futterman charged with DUI in Hamptons car crash

Robert Futterman charged with DUI in Hamptons car crash

Ken Griffin and Calvin Klein’s Hamptons compound (Credit: Getty Images, Google Maps)

Ken Griffin in contract for Calvin Klein’s Hamptons compound

From left: 55 East 74th Street, 9 East 82nd Street, 1 Central Park South, 78 Irving Place with Adam Neumann and 111 West 57th Street (Credit: StreetEasy, Wikipedia, Getty Images)

Adam Neumann’s triplex, Russians’ Plaza pad were priciest homes listed last week

3 East 69th Street and 252 East 57th Street 

With asking prices in freefall, luxury market sees strong week

Keller Williams CEO Gary Keller

Keller Williams will cut off agents who leave

Wall Street bonus season is the stuff home sellers’ dreams, as they picture eager buyers armed with hefty bonus checks and willing to pay top price. But in a buyer’s market that vision may be more like a mirage (Credit: iStock)

Here’s what Wall Street bonus season means for real estate this year

Adam Neumann and 78 Irving Place (Credit: Getty Images and StreetEasy)

Adam Neumann is asking $37M for Gramercy Park triplex

(Credit: iStock)

Residential rents continue upward march in Manhattan, Brooklyn and Queens