Real Estate News

Goldman Sachs CEO Lloyd Blankfein Sells Sagaponack Home

Goldman Sachs CEO Lloyd Blankfein has sold his Sagaponack estate. First listed in 2007 for $14 million, the listing price has changed several times, going as high as $16.995 million.

Corcoran Group’s East End super-broker Susan Breitenbach—who’s has $3.5 billion in career sales, including $333 million in 2015 alone—took on the listing in February and reduced the price from $14.5 million to $12.995 million. The change apparently paid off.

The buyer and closing price haven’t been released, and Breitenbach was not at liberty to discuss the sale.

An aerial view of the Parsonage Lane property Lloyd Blankfein
An aerial view of the Parsonage Lane property, Photo: Courtesy Corcoran Group

Blankfein and his wife, Laura, purchased the 2.7-acre property at 121 Parsonage Lane in Sagaponack in 1995. The Blankfeins commissioned architect Lawrence Randolf and the Men at Work Construction Corp. to design and complete the house in 2001.

The shingled, gambrel-roofed home has 6,500 square feet of living space with  7 bedrooms, 8 bathrooms, a media room, gym, large eat-in gourmet kitchen—with top of the line professional appliances and breakfast area—extending out to screened and covered outdoor dining and lounge porches. Outside, the property abuts a 40-acre preserve and features beautifully landscaped grounds by Edmund Hollander and fabulous views. Among the lovely lawns, flowers and plantings, 45-foot, heated gunite swimming pool and spa, pool house, fire pit and a sunken, north-south facing tennis court add recreational options to the bucolic setting.

Lloyd Blankfein's former pool in Sagaponack
Lloyd Blankfein’s former pool in Sagaponack, Photo: Courtesy Corcoran Group

Despite the recent sale, Blankfein hasn’t been left without a Hamptons getaway. In 2012, the executive bought an 8,000-square-foot Bridgehampton mansion for $32.5 million. The home has 7 bedrooms, 6.5 bathrooms, a pool, tennis court, formal dining and living rooms and other luxury parlor-like areas. Blankfein, who recently joined the billionaire’s club in 2015, and his wife also have a penthouse in Central Park West and own a home at the $1 billion condo project Faena House in Miami Beach.

See more photos of Lloyd Blankfein’s former home in Sagaponack below.

Blankfein's former living room in Sagaponack
Blankfein’s former living room, Photo: Courtesy Corcoran Group
Lloyd Blankfein's former kitchen in Sagaponack
The kitchen on Parsonage Lane, Photo: Courtesy Corcoran Group
Lloyd Blankfein's former foyer in Sagaponack
Lloyd Blankfein’s former foyer in Sagaponack, Photo: Courtesy Corcoran Group
Blankfein Estate
Lloyd Blankfein sold this Sagaponack home, Photo: Courtesy Corcoran Group
Facebook Comments

Show More

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *