Edward Albee's Montauk Home Has Sold - 27 East

Real Estate News

Real Estate News / 1391962

Edward Albee’s Montauk Home Has Sold

icon 2 Photos
The late Edward Albee's estate at 320 Old Montauk Highway in Montauk. RONALD WHITE/COURTESY DOUGLAS ELLIMAN

The late Edward Albee's estate at 320 Old Montauk Highway in Montauk. RONALD WHITE/COURTESY DOUGLAS ELLIMAN

The late Edward Albee's estate at 320 Old Montauk Highway in Montauk. RONALD WHITE/COURTESY DOUGLAS ELLIMAN

The late Edward Albee's estate at 320 Old Montauk Highway in Montauk. RONALD WHITE/COURTESY DOUGLAS ELLIMAN

author on Apr 15, 2019

The sale of the Montauk home of the late Tony- and Pulitzer-winning playwright Edward Albee has just closed for $16 million, according to Douglas Elliman Real Estate. The Wall Street Journal reported in December that the buyer was Ralph Lauren, who owns property on either side of the Albee estate.

The 2.8-acre oceanfront estate at 320 Old Montauk Highway has three structures: a main house, a guest cottage and a pool house, plus a swimming pool and tennis court.

The “Who’s Afraid of Virginia Woolf?” writer purchased the home in the 1960s. According to Douglas Elliman, stage actress Uta Hagen, who originated the role of Martha in “Who’s Afraid of Virginia Woolf?” convinced Albee to buy the property, and he later wrote “Seascape” and many other notable plays in the second-floor study overlooking the beach.

The property was listed for $20 million and represented by Douglas Elliman’s Paul Brennan.

The sale will benefit the Edward Albee Foundation, which supports writers and artists through its residency program.

You May Also Like:

New Build In Bridgehampton Sells For $10.5 Million

The sale of a new build in Bridgehampton that went into contract just one week ... 12 Oct 2021 by Staff Writer

New Contracts For Hamptons Home Sales Down 49 Percent In September

Newly inked deals for single-family home purchases on the South Fork were down 48.7 percent ... by Staff Writer

Rebuilt And Expanded Bridgehampton Residence Sells For $25 Million

A rebuilt and expanded 1902 ‚Äúcottage‚ÄĚ on 2.3 acres in Bridgehampton with access to Sagg ... by Staff Writer

Three Lots In Northampton Shores Hit Market As A Package Deal

In the exclusive 100-year-old Northampton Shores community in Noyac, stone and bronze sculptor Robert Hooke’s ... 5 Oct 2021 by Staff Writer

Southampton ARB Seeks To Landmark Powell Avenue Home

A split Southampton Village Board of Architectural Review and Historic Preservation has started the landmarking ... by Brendan J. O’Reilly

CPF Raises $144.7 Million In First Eight Months Of 2021

Revenues for the Peconic Bay Region Community Preservation Fund were $144.74 million during the first eight months of 2021, double the total during the same months last year. In August alone, the CPF brought in $13.45 million, a 20.5 percent year-over-year increase, according to the office of New York State Assemblyman Fred. W. Thiele Jr., which also noted that in the last 12 months, the CPF has generated $211.9 million. Each of the five East End towns maintains its own CPF, which is funded through a 2 percent tax on real estate transactions. The home-buying frenzy spurred by the COVID-19 ... by Staff Writer

Governor Has Until October 9 To Sign Or Veto Community Housing Fund Bill

The State Legislature sent Governor Kathy Hochul a bill on Tuesday, September 28, that would ... 29 Sep 2021 by Brendan J. O’Reilly

Waterfront North Haven Postmodern Sells For $7 Million

A waterfront shingled postmodern in North Haven recently sold for $7.08 million after last asking ... by Staff Writer

Thiele’s Law Passes; Landlords May Collect Rent For Whole Summer Upfront

A new state law has clarified that deposits and advance payments for seasonal rentals are not subject to caps, which means that landlords can collect rent for an entire summer upfront. Assemblyman Fred W. Thiele Jr. penned the legislation, which Governor Kathy Hochul signed last week. It was designed to make clear that limits imposed by New York State’s Housing Stability and Tenant Protection Act of 2019 only apply to permanent housing, not to vacation rentals. Prior to the Housing Stability and Tenant Protection Act, it had been common practice for East End landlords require a single payment for the ... 28 Sep 2021 by Brendan J. O’Reilly

Waterfront Traditional In North Haven Sells For $12 Million

A waterfront home in North Haven sold last week for $12 million, a record for ... 21 Sep 2021 by Staff Writer
logo

Welcome to our new website!

To see what‚Äôs new, click ‚ÄúStart the Tour‚ÄĚ to take a tour.

We welcome your feedback. Please click the
‚Äúcontact/advertise‚ÄĚ link in the menu bar to email us.

Start the Tour
Landscape view not supported
Send this to a friend