Art and antique dealers Lloyd and Barbara Macklowe have sold their longtime East Hampton home, the oceanfront estate at 51 West End Road, with a last asking price of $39.5 million, according to Douglas Elliman Realty.
The Wall Street Journal reported that the new owner is Hard Rock Cafe co-founder Peter Morton.
The property is 1.5 acres with about 170 feet of ocean frontage and a “sprawling” oceanside yard and pool, according to the listing
Originally built in 1926 by Maidstone Club architect Roger Bullard and known as the Ellery S. James House, the 6,100-square-foot residence offers water views of both the Atlantic Ocean and Georgica Pond and is accompanied by a separate and architecturally distinct 815-square-foot three-car garage. It can be added onto by up to 1,434 square feet.
“Breathtaking views pour into every single room on the first and second levels, which are filled with endless charm that hits all the right notes for an estate of this caliber,” the listing says of the residence.
The late builder Ben Krupinski renovated the home with wide-plank pine floors; a chef’s kitchen with a circular breakfast nook and a butlers pantry; a potting room; formal dining and living rooms; a den; and a first-floor junior master suite. There are several fireplaces throughout, including original Bullard and a turn-of-the-century ceramic art nouveau fireplace in the second-level office.
Sunsets over Georgica Pond and sunrises over the Atlantic can be viewed from the master bedroom and bathroom, in the master wing. A hidden guest wing staircase winds through multiple bedrooms and baths into an upper-level office suite.
The lower level has a full gym, a bedroom suite, and a door that walks directly out to the garden.
A private boardwalk descends to a sandy beach between two of Juan Trippe’s original Georgica jetties.
Kyle Rosko and Marcy Braun of the Eklund | Gomes Team at Douglas Elliman exclusively represented the sellers. James Petrie and Ed Petrie of Compass brought the buyers.
The list price was $60 million back in 2021.