Lee Radziwill’s East Hampton home listed for $120m later sold for $72m

AI Summary

The historic Dune Cottage in East Hampton, once owned by Lee Radziwill, was sold for $72 million after initially listing at $120 million. The property, noted for its architectural value and extensive renovations following a fire, highlights changes in the luxury real estate market.

Dune Cottage in East Hampton has changed hands for an impressive $72 million, demonstrating a notable shift in the high-end real estate landscape. Initially hitting the market at $120 million, the asking price was reduced after a prolonged listing. This historic estate, once owned by Lee Radziwill, holds significant architectural value and has undergone extensive renovations following a damaging fire.