Harvey Weinstein Sells Hamptons Mansion at a Loss

Published: January 30, 2018 | By: American Luxury Staff

Ousted Weinstein Company CEO Harvey Weinstein has finally sold his Hamptons retreat known as Broadview on the Bay, albeit at a considerable loss. The buyer remains unknown, but the selling price does not: the producer accepted an even $10 million for the estate, a far cry from the $13.5 million that was the home’s initial listing price last spring, and substantially below the $11.7 million Weinstein paid for the property in 2014.

The house dates to 2000, and was originally built for filmmaker Barry Sonnenfeld. Its carefully constructed charm contradicts its most recent former ownership. Barring the rather difficult present associations that it carries, the look of the home is spectacularly disarming, with an exterior that calls to mind a classic shingle-style rambler of the period: character galore.

A Hamptons shingle-style evokes the American golden age and fledgling aristocracy like no other residential architectural style. It conjures an ideal vision of the American dream as a cocktail of artistic creativity, wealth, and liberation. This one’s immediate history belies idealism, but that’s not an obstacle a new owner and family can’t surmount simply by occupying it and enjoying it.

The house measures 9,000 square feet. The property extends to nearly two acres, and features rolling lawns, gardens, mature trees, and a gradual falling away to the beach. We hope the new residents make it thoroughly their own, as quickly as possible.

8140 January 30, 2018 Real Estate January 30, 2018