Thierry Despont’s Southampton estate back on market at lower price 

Two months after famed architect Thierry Despont’s death, a fresh effort has been launched to sell his former Hamptons estate.

The 34-acre property at 320 Majors Path in Southampton is about to be relisted for $20 million, the New York Post reported. Last spring, Despont listed the Hamptons property for $23.5 million, but it didn’t sell.

Despont acquired three contiguous parcels between 2011 and 2013 for $8.5 million, merging them into the estate being prepared for market. The property previously housed a horse farm and was the original site of the Southampton Riding and Hunt Club, where Jacqueline Kennedy Onassis rode.

More recently, Rosewood Farms utilized the space.

Despont turned the 11-acre Rosewood portion of the estate into the main residence with a guest house and pool house. The main house spans 6,000 square feet and has six bedrooms. The pool house is next to an infinity pool, and the estate’s central portion has a four-car garage.

A four-bedroom home sits on half an acre, and the estate overlooks 50 acres of agricultural reserve.

A Douglas Elliman team of Paul Brennan, Michael Keszler and Martha Gundersen has the listing.

Despont died in August at 75. No cause of death was given. The Frenchman was responsible for some of the most famous architecture and designs in New York City, including the conversion of the Battery Maritime Building and the restoration of the Statue of Liberty.

Shortly before Despont put his Southampton estate on the market, he listed his Tribeca townhouse on Franklin Street for $25 million. The asking price on the 10,000-square-foot home has been slashed by more than $5 million in the two years since then, but it remains unsold. Douglas Elliman’s Rueben Schatz has the listing.

— Holden Walter-Warner

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