Talk about being determined to sell! Richard Gere has sold his 12,000-square-foot North Haven retreat, Strongheart Manor, after it languished on the market for nearly three years.
Gere’s mansion, which sits on 6.3 acres of waterfront property, houses 12 bedrooms and 12 bathrooms in a main house and two guest houses on Actors Colony Road. The property also has 300 feet of direct bay frontage and a 240-foot deep-water dock. The main house offers a gym, basketball court, screened-in porch extending the length of the house, a 60-foot pool overlooking Peconic Bay, and a private pond with teahouse on a center island.
Gere originally asked an ambitious $65 million for Strongheart Manor, but reduced the price to $47.5 million, and then continued lowering it until, finally, a high-profile buyer recently offered $36.5 million and he accepted. The sale, through Corcoran Group’s Susan Breitenbach, was almost $30 million below the original asking price.
Cody House Back on the Market
Music and film bigwig David Geffen’s massive West End Road estate, Cody House, is back on the market. Geffen just sold the storied property to private developers for $50 million this spring, and now the house is listed again—this time with Bespoke Real Estate for $54.995 million. The entertainment tycoon reportedly paid a little more than $50 million when he bought the nearly 6-acre property with over 450 feet of Georgica Pond frontage in April 2014 from Ross School founder Courtney Sale Ross. Geffen sold Cody House around the same time he purchased his newest Hamptons acquisition—a $70 million mansion, last owned by late fashion executive Josephine Chaus, on Lily Pond Lane in East Hampton.