Jul 16, 2018 10:16 AMWho’s afraid of the real estate market? Apparently not the heirs of Edward Albee, who have chosen this time to put his Montauk manse on the market. The ask is an even $20 million for 320 Old Montauk Highway, where the playwright passed away at age 88 in September 2016.
Albee was fresh off the success of his Tony Award-winning play “Who’s Afraid of Virginia Woolf?” and its Mike Nichols-directed film adaptation in the mid-1960s when he purchased the nearly 3-acre Montauk property. He lived there part-time for the rest of his life, and upon his death, ownership was transferred to the Edward F. Albee Foundation. For decades, the foundation has hosted artists and writers for summer residencies in Montauk.
Though denied a Nobel Prize for Literature, Albee was a winner of many top awards for his theatrical work, including two other Tony Awards, three Pulitzer Prizes, and a National Medal of the Arts. Among his other most notable plays are “A Delicate Balance,” “Seascape,” “The Zoo Story,” “The American Dream,” “Tiny Alice,” and “Three Tall Women,” which is now enjoying a revival in New York that has resulted in the 82-year-old Glenda Jackson earning her first Tony Award for Best Actress.
The Montauk manse consists of 2,970 square feet with four bedrooms, three baths, and two half-baths. Inside are stone floors, fireplaces, and sliding glass doors leading outside. A particularly desirable feature is that there is 200 feet of frontage on the ocean, which can be viewed from the house. Also on the property is a tennis court, guest house, pool, and pool house.
The property is being represented by Douglas Elliman.
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