Calvin Klein’s Former East Hampton Estate Lists For $165M

Another headline listing has hit the Hamptons.

An East Hampton estate that once belonged to designer Calvin Klein is coming on the market asking $165 million, the Wall Street Journal reported. The roughly 8-acre home at 121 West End Road last sold for $85 million in 2021.

The property has a 9,000-square-foot main house with seven bedrooms, along with a boathouse on the Georgica Pond and a red clay tennis court added by the seller. The property also has water frontage on both the pond and the Atlantic Ocean.

The home is the latest to hit the market seeking a record-breaking price in less than a month. Two weeks ago, Zach Schreiber, founder of hedge fund PointState Capital, listed his property at 39 Fairfield Pond Lane in Sagaponack for $152.5 million.

The most expensive home sold in the Hamptons is an East Hamptons estate bought by hedge-funder Barry Rosenstein for $137 million in 2014.

The listings come as the Hamptons market has seen prices shoot up in the last year, mirroring the trajectory of some of the country’s other wealthy enclaves. The combination of dwindling inventory and skyrocketing wealth has served to drive prices ever higher in areas like the Hamptons, Aspen and Palm Beach.

The timing of the listing of Calvin Klein’s former home is partially due to the recent SpaceX initial public offering, listing agent Ed Petrie of Compass, told the Journal. “There are going to be more people that can afford this property,” he said.

The already-hot market will likely continue to benefit from other mega-IPOs from artificial intelligence companies Anthropic and OpenAI, slated for later this year. Even before the latest spurt of wealth creation, prices had already been climbing.

Last year, the sale of Len Blavatnik’s house at 408 Further Lane for $115 million set a record for a single-parcel sale in the area and marked the first nine-figure sale in three years.

In the first quarter of 2026, the median sales price in the Hamptons was up over 18 percent to a record $2.4 million, the third time in five quarters the area has hit a new high, according to data from appraisal firm Miller Samuel.

Already, this year has seen a handful of sales at the top of the market. The year’s priciest deal occurred in March when Ann Tenenbaum, widow of private equity investor Thomas H. Lee, sold her East Hampton oceanfront estate for $72 million.

One month later, a Wainscott waterfront estate featured in HBO’s “Succession” sold for $59 million in an off-market deal, and in May, a five-bedroom beachfront home in Bridgehampton asking $42.5 million found a buyer.