“Hamilton” producer lays out $7.3M for Water Mill manse

Developers Ronen and Jessica Guetta bought the property for $1.1M in 2013

TRD New York /
Jun.June 28, 2018 03:15 PM

Left to Right: Sander Jacobs, Ronen and Jessica Guetta, and house on Osprey Way (Credit: Getty Images and Out East)

UPDATED, June 29, 1:45 p.m.: He’s not throwing away his shot. A producer of the hit musical “Hamilton” has shelled out $7.3 million for a sprawling new-construction house in Water Mill.

Sander Jacobs scooped up the 9,800-square-foot house, on Osprey Way, which sits on 1.1 acres and features a 1,200-square-foot cabana, pool and full outdoor kitchen.

Husband-and-wife developers Ronen and Jessica Guetta bought the house for $1.1 million in 2013, property records show. After living there for five years, they razed the house and built the new structure from the ground up, said Ronen Guetta.

Guetta, who has been a builder on Long Island since selling a clothing business seven years ago, said Guetta Building Company is focused on building high-end custom homes instead of spec homes of lesser quality.

The Guettas listed the house for $8.495 million in April, but cut the price to $7.9 million in June. Douglas Elliman’s Tal Alexander and Compass’ Matthew Breitenbach shared the listing.

Jacobs received a Tony Award for Best Musical for “Hamilton” and “In the Heights,” both created by composer and playwright Lin-Manuel Miranda. Jacobs also co-produced and invested in shows including “Les Miserables,” the “Phantom of the Opera” and “West Side Story.”


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
(iStock)

Déjà vu: New home sales hit 14-year high in August

Déjà vu: New home sales hit 14-year high in August
Housing and Urban Development secretary Ben Carson (Getty; iStock)

CoreLogic’s screening algorithm may have discriminated against renters: lawsuit

CoreLogic’s screening algorithm may have discriminated against renters: lawsuit
220 Central Park South with Louise Sunshine and Steve Roth (Google Maps, Getty)

Another 220 Central Park South condo trades for over $10K psf

Another 220 Central Park South condo trades for over $10K psf
The Real Deal's Amir Korangy, Fredrik Eklund and Louise Sunshine

Louise Sunshine and Fredrik Eklund hold court on selling luxury

Louise Sunshine and Fredrik Eklund hold court on selling luxury
Sheikh Sultan A. Al Qasimi and 15 Central Park West (Google Maps)

Tax lien triggers foreclosure filing on sheikh’s 15 CPW unit

Tax lien triggers foreclosure filing on sheikh’s 15 CPW unit
Photo illustration of the Williamsburg Bridge (Getty, iStock) 

As Manhattan struggles, Brooklyn’s sales market is “booming”

As Manhattan struggles, Brooklyn’s sales market is “booming”
HFZ Capital’s condo the XI has sold 38 of its 236 units (iStock)

HFZ’s Chelsea condo now effective, with 16% of units sold

HFZ’s Chelsea condo now effective, with 16% of units sold
arrow_forward_ios

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

Loading...