Drew Barrymore Picks Up Sagaponack Farmhouse - 27 East

Real Estate News

Real Estate News / 1661916

Drew Barrymore Picks Up Sagaponack Farmhouse

icon 2 Photos
The Sagaponack farmhouse.  IMAGEINATION

The Sagaponack farmhouse. IMAGEINATION

The Sagaponack farmhouse.

The Sagaponack farmhouse. IMAGEINATION

authorStaff Writer on Dec 17, 2019

A limited liability company named Daisy Burns LLC just picked up an 80-year-old farmhouse in Sagaponack for $5.52 million, and the New York Post reports that the person behind that LLC is actress and filmmaker Drew Barrymore.

The 5,500-square-foot fully renovated residence with six bedrooms and five bathrooms sits on 1.7 acres south of Montauk Highway. Among the amenities are a 20-by-40-foot heated gunite pool and a guest cottage with a bed, bath and living room.

The property has been offered for rent at $250,000 for the year or $220,000 from Memorial Day to Labor Day.

The sellers were Adeline Horner Neubert and Dr. Olaf Neubert, according to The Real Estate Report Inc. The German-born Dr. Neubert has worked in private equity and venture capital for decades. He is the CEO and managing director of TopCap Partners, based in Southampton. Ms. Neubert is a performance coach for executives and teams, with her own firm, Plus Coaching.

Kathy Konzet made the sale for Sotheby’s International Realty.

You May Also Like:

Hamptons Rental Market Remains Alive and Well

To paraphrase Mark Twain, reports of the demise of the Hamptons summer-rental market are greatly exaggerated. “Any hint that the Hamptons rental market is anything but robust is completely wrong,” said Corcoran associate broker Gary DePersia in East Hampton. An interesting dynamic is stirring in the Hamptons vacation-rental market. Although there has been an unprecedented rise in short-term rentals and the aftershocks of the COVID-19 pandemic linger, it has been a bumper crop year for Wall Street, interest rates have remained steady and a new breed of demanding customer is emerging. Despite it all, the Hamptons vacation-rental market remains as ... 19 Jun 2025 by Joseph Finora

Jon Vaccari Joins Noble Black & Partners at Douglas Elliman

Jon Vaccari, a longtime resident of Sag Harbor, has joined Noble Black & Partners at ... 18 Jun 2025 by Staff Writer

Appeals Court Sides With Landowner Over Southampton Village ZBA

Southampton Village has lost an appeal that sought to reinstate a Zoning Board of Appeals ... 12 Jun 2025 by Brendan J. O’Reilly

Last Parcel of Startop Ranch in Montauk Sells

The last plot of land at Startop Ranch in Montauk, 107 Startop Drive, has sold ... by Staff Writer

Hamptons Real Estate Roundtable, Memorial Day Weekend 2025 Edition

With Memorial Day weekend about to kick the Hamptons into high season, The Express News ... 22 May 2025 by Moderated by Brendan J. O’Reilly

Au-Delà Real Estate Vows To Go 'Beyond'

Au-Delà Real Estate, a new boutique real estate firm based in East Hampton, is now ... 20 May 2025 by Brendan J. O’Reilly

AI Helps Rental Seekers Find Homes That Match Their Aesthetic Preferences

Consumers increasingly have an expectation of superior, more personalized service based on their own particular ... by Steven Loeb

New Construction in Montauk Sells for a Nonwaterfront Record Price

A newly constructed modern home in Montauk just set a record for the highest price ... 9 May 2025 by Staff Writer

Protest Entry Challenges Hamptons Real Estate Monoculture

A Noyac architect took a different tack with his entry into this year’s AIA Peconic ... 7 May 2025 by Brendan J. O’Reilly

Hamptons Median Home Price Reaches $2 Million for the First Time

The first-quarter home sales reports for the Hamptons real estate market are in, and it’s positive news all around. The number of sales, the median sales price and the amount of inventory were all up, according to three different reports issued by area real estate firms. For the first time, the median sales price on the South Fork reached $2 million. The Elliman Report found that the $1 million to $5 million range dominated the Hamptons market, with sales nearly doubling. Across all price points, it was the sixth consecutive quarter of annual sales gains, and the number of sales ... 30 Apr 2025 by Brendan J. O’Reilly