The late architect and designer Thierry Despont’s Southampton estate has sold for $17.9 million, Gimme Shelter has learned exclusively.
The buyer, we hear, is a hedge funder who lives in New York with his family. It was a cash deal.
The 36-acre property, known as Rosewood Farm Estate, first went on the market for $23.5 million in 2022 and went into contract last May. The spread, at 320 Majors Path, includes a six-bedroom main residence. It was built on the site of the original Southampton Riding and Hunt Club of the 1920s.
Despont, who hailed from France and was known for his elegant flair, made a name for himself by renovating the Statue of Liberty. He also restored the Carlyle Hotel and Woolworth Building in New York, and the Ritz in Paris – while his private clients included Bill Gates and Calvin Klein. He passed away last year at the age of 75 in this house.
Building this Hamptons estate was a labor of love. Despont spent $8.55 million over two years — from 2011 to 2013 — to buy three separate parcels that overlook a 50-hectare agricultural reserve.
The assembly includes a main house, which has been built from a converted barn. Each room overlooks a cobbled courtyard with a fountain.
A tree-lined path leads to an infinity edge pool and a pool house, which was created from a former barn.
That pool house now features a lounge, a gym and a sauna. A third barn once served as Despont’s art studio, as he was also a painter and sculptor. That barn is now a four-car garage.
There is also a guest house with four bedrooms.
Landscaped areas include mature specimen trees from Africa and a meadow with a walking path and a gazebo.
The listing agents — Paul Brennan, Michaela Keszler and Martha Gundersen of Douglas Elliman — declined to comment.
#Exclusive #Late #architect #Thierry #Desponts #chic #Hamptons #estate #sells #million #allcash #deal
Image Source : nypost.com