Thierry Despont’s Southampton Estate Finds A Buyer

A year after famed architect Thierry Despont died, his former Hamptons estate has found a buyer.

The 34-acre property at 320 Majors Path in Southampton is under contract to be sold, the New York Post reported. The deal hasn’t closed yet, but the home’s most recent asking price was $18.4 million — it is supposedly going to be sold around $18 million to an undisclosed buyer.

In the spring of 2022 — while he was still alive — Despont listed the Hamptons property for $23.5 million, but it failed to sell. The listing price for the home was reduced in the fall to $20 million.

The legendary architect acquired three contiguous parcels between 2011 and 2013 for $8.5 million, combining them into the estate that is being sold. The property used to have a horse farm and was the first site of the Southampton Riding and Hunt Club, where Jacqueline Kennedy Onassis once rode.

Rosewood Farms utilized the space more recently.

Despont transformed the 11-acre Rosewood portion of the place into his main residence with a guest house and pool house. The main house has 6,000 square feet and has six bedrooms, meaning an $18 million sale would break down to an even $3,000 per square foot. The pool house is next to an infinity pool and the estate’s central portion includes a four-car garage.

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

Douglas Elliman brokers Paul Brennan, Michael Keszler and Martha Gundersen had the listing. They declined to comment to the Post.

Despont died in August at the age of 75. The French-born architect was responsible for some of New York City’s most famous structures, converting the Battery Maritime Building and restoring the Statue of Liberty.

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 was slashed by more than $5 million since then, but it remains unsold and no longer appears to be on the market.

— Holden Walter-Warner