Mid-century oceanfront estate in East Hampton hits market at $72M

At $72 million it might not be a sweet deal, but an East Hampton estate long owned by candy heiress June Noble Smith Larkin Gibson is on the market, according to the Wall Street Journal.

The five-bedroom home sits on more than five acres along the Atlantic Ocean with 333 feet of ocean frontage. The roughly 12,200-square-foot home is a mix of mid-century design and the traditional shingle-style aesthetic so ubiquitous on the East End. Designed in the mid 1950s for aluminum magnate Otto Lucien Spaeth, it was purchased by Gibson’s family the following decade.

Gibson’s father was Edward J. Noble, founder of the candy company Life Savers and the ABC television network. She died in June at the age of 98.

Peter Turino and Christopher Burnside with Brown Harris Stevens have the listing. [WSJ] — Dennis Lynch