Rick and Kathy Hilton are ready to part with their Southampton home after nearly a quarter century.
The Hiltons listed their home at 9 Fordune Drive in the Hamptons for $15 million, the Wall Street Journal reported. The couple bought the property in 1999 for $2.4 million, using it as a vacation home while living in New York City.
The six-bedroom home spans 10,500 square feet, putting the asking price at $1,429 per square foot. The home, which is on a nearly three-acre estate, has been offered for rent on several occasions, sometimes with a six-figure monthly price tag.
The shingle-style home, built in the 1990s, includes three wood-burning fireplaces, a library and a formal dining room. The Hiltons updated the home in 2018.
The grounds feature a gunite swimming pool, an outdoor dining pavilion and multiple terraces. Ownership also comes with deeded access to Fowlers Beach, which is within a mile of the estate.
Corcoran’s Jared Seligman has the listing.
Rick Hilton, the co-founder of both the Hilton & Hyland and Hilton & Hilton brokerages, and his wife hosted family vacations and holidays at the estate as recently as 2019, but have been using the property less and less since moving to Los Angeles in the 2000s. Kathy Hilton has appeared as a cast member on “The Real Housewives of Beverly Hills.”
The Hiltons recently offloaded their spec mansion in Bel-Air — which was featured on the reality show — for $25 million. Chinese billionaire Zong Qinghou scored a deep discount on the purchase, at least relative to its initial list price of $55 million.
Rick Hilton was worth $400 million last year, according to Equity Atlas. Three years ago, the son of the late Barron Hilton (of Hilton Hotels fame) sold his father’s 15,000-square-foot mansion in Bel-Air for $61.5 million.
The Hiltons still own a 15,000-square-foot, century-old stone manor house in Bel-Air.
— Holden Walter-Warner