I TOURED AN $ 85 MILLION HAMPTONS MANSION. Here’s what i saw.

Eight Bedrooms. A private path leading to the beach. A Replica Lobster Protruding from A Replica Pool Floaty and Hanging Out from the Ceiling.

I saw all of this, and much more, wey touring 43 e dune lane in east Hampton. The House, Which Sites on 3.6 ACRES, IS LISTED FOR $ 84.9 MILLION, DOWN FROM AN INITIAL $ 120 MILLION LAST SUMMER. Acciting to the listing, it’s ben on the market for more than 450 days.

Terry Cohen, The Compass Agent Showing the Proppery, Joked With the Staff Dotted Throughout the Eight-BEDROM HOUSE ABOUT BEING BACK YET AGAIN. She’s Shown the Proppers to Many Potential Buyers with Luck Yet, but Said She’s Confident It Will Sell Son.

Eve if 43 of dune hasn’t flowed off the market, Cohen and Other Hamptons real estate agents i talked to said that the luxury hamptons market haen hot and prices have soared. Walking Around the East Hampton Property and an $ 18 Million Stone Mansion at the Tip of Montauk, the Could Feel Wall Street’s Boom Despite Broader Economic Uncetainty.

“The Last Six Months Have Been, in Terms of Real Estate, at Least in My World, More Explosive Than Covid,” Cohen Told Me As We Walked Through the House, Which Now to Venture-Capital Ann Tennbaum. She’s workhed in the Hamptons for 25 Years and Said That The High Luxury Market Has been especily active.

The $ 85 million projery has plexty much every imaginable amenene: a cinema, a gym with a peloton and rowing machine, a speakeasy Room hidden a bookshelf, a sauna, multiple steam showers, a tennis court, a pool, a path leading to the beach, and en Fill a Museum Wing. In montauk, at the $ 18 million home, I was charmed by a vintage Sink and the pool lineed by hydrangeas, but was more ostrus by the views than anything. A Seal Bobbed in the Water Below Us During the Tour, and i Had a Clear View of the Lighthouse from Inside.

Acciting to Douglas Elliman‘S Second-Quarter Report this year, the average price for the top 10% of sales was up 12% year-over -ear, and homes have sold more quickly than dusing the Same Last year. Their threshold for the top 10% of sales was stable, and the number of total sales closed was up only 4%.

Saunders ALSO FOUND THAT LUXURY HOME SALES WERES WERE IN THE HAMPTONS IN THE FIRST HALF OF 2025 Compared to the Same period in 2024: Sales Rose 23% for Homes Worth BetWeen $ 10 million and $ 20 million, and 40% for Worth more than $ 20 million. Home prices are up acroSs the Country, but unlike in the hamsh, that is far away Holding Bucks Back.

Kyle Rosko, An Agent with Douglas Elliman, Also Said Prices have been Strong This Year and he showed with the Stone House, a three-Bedroom home perched on the very end of the montauk. ITI’S ENTIRELY DIFFERENT FROM The Other Property – More Out of the English Countryside than the Swanky Art World – But I And I Endered Up Talking About the Same Market on Both Tours.

“This year has ben been really streng in the luxury over the past month and a half. He Said Buyers Are Cautious, especially when Purchasing a Second or Third Home, so his sales volume haen incredibly high despites the impressive prices.

Dawn Watson, A Hamptons Real Estate Agent with Serhant, Told me on the Phone that the pandemic “set a high watermark and we have harely reset.”

“Prices Continue to go up. There’s More Money than Ever here,” Cohen Said. “That’s Because there’s More Money Generation with Those Same People. Now they Boying for the Kids and Grandkids, Multigenerational Homes.” A new zoning in east Hampton that limits the size of the homes could shake up the market, at Least Temporary, Cohen and Rosko Told me. The Wealthiest, They Said, Don’t SEEM ENTIRELY PLEASED.

The agents all said that People in Finance Continue to dominate the hamstons market, and wall street is Generalyly Flying High Despite Broader Economic Instability. Stocks have Hit Record Highs This Year, and the Notorious Finance bro confidence is Very Much Alive Among Hamptons Hopofouls.

“We are Kind of in this interesting place where the rest of the world of the world Apply to us,” Watson Said.

“Follow Wall Street,” Cohen Advised with As We Walked Through the Airy Living Room. “The Numbers Are Incredible.” Potential Shakeups at the Federal Reserve and Ontgoing Tariff Negotiations Don’t SEEM TO HAVE DONE MUCH DAMAGE, THIS THOUG ON WALL STREET REMAIN UNTERRAIN.

In the High-end Hamptons World, Cohen, Rosko, and Watson All Told with they’re see interest from People in their 40s, especilly those with kids. IT’S No Longer, to quote Watson, Just Those Who Are “60 to Dead” with the power to buy.

The sense of detachment Stayed with me as i walked back to my Car with Cohen, WHO CHATED WITH ANOTHER DOUGLA EMPLOYEE WHO HAD JONED The Tour. They Compared the prices at two luxury griors and dissected the rules of Padel, a favorite sport Among the ultrawealthy.

There’s no Padel Court at 43 of Dune Lane, but i was shounedn’t shocked if an eventual buyer puts one in. As Cohen Said, The Who Proppery Is “Under Scale. You Could Add so Much More.”