Billionaire Ron Perelman Completes Sale of Hamptons Home for $84.5M

Published: February 22, 2022 | By: American Luxury Staff

The past couple of years have seen a few remarkable Empire State properties — and more than a few priceless works of art — pop up on the open market courtesy of investor Ron Perelman. In the spring of last year, his 16,000 sq. ft. townhouse in Lenox Hill made its second appearance for sale, priced at $60 million; the 1930-vintage in-town mansion had first surfaced about eight months earlier with a connected townhouse, priced at a combined $75 million.

At about the same time the larger townhouse returned to the market, Perelman put his dreamy Hamptons retreat up for sale. The price? $115 million. A substantial sum, but the setting and location justify it. The townhouse remains for sale, but the slice of Long Island is now gone. It closed recently at $84.5 million.

The estate is one of the more impressive in East Hampton. The mansion sits on 9.5 acres of waterfront land, and unfolds in a leisurely fashion. Its lengthy drive is initially flanked with mature trees before breaking into views of its groomed, grassy expanse.

As for the house, it’s an architecturally undefined sprawler with modern sympathies; interiors manage an uneasy balance between 1980s industrial-inspired luxury and beach cottage rusticity. The highlight of the shared spaces is the great room, which is outfitted with a soaring river stone fireplace accent wall that enhances the sense of scale.

The property’s list of upscale outdoor treats includes that Hamptons necessity, a Gunite pool. The 385 feet of sandy beach that concludes it ocean side is the more compelling watery amenity.

Perelman’s net worth is $2.7 billion, per Forbes.

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