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Goldman Sachs CEO Blankfein Sells Hamptons Mansion for $13M

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Lloyd Blankfein Sold His Sagaponack Home (Photo: ©Patrickmcmullan.Com, Courtesy Corcoran Group)

An aerial view of the Parsonage Lane property (Photo: Courtesy Corcoran Group)

Lloyd Blankfein’s former pool in Sagaponack (Photo: Courtesy Corcoran Group)

Lloyd Blankfein’s former kitchen in Sagaponack on Parsonage Lane (Photo: Courtesy Corcoran Group)

Blankfein’s former living room in Sagaponack (Photo: Courtesy Corcoran Group)

Lloyd Blankfein’s former foyer in Sagaponack, (Photo: Courtesy Corcoran Group)

Lloyd Blankfein, the CEO of Goldman Sachs, has finally sold his Sagaponack estate. The property was first listed for $14 million in2007. Over the years the listing price has varied, at one point it went as high as $16.995 million.

Dan’s Paper reports, “Corcoran Group’s East End super-broker Susan Breitenbach—who’s has $3.5 billion in career sales, including $333 million in 2015 alone—took on the listing in February and reduced the price from $14.5 million to $12.995 million. The change apparently paid off.

The buyer and closing price haven’t been released, and Breitenbach was not at liberty to discuss the sale.

Blankfein and his wife, Laura, purchased the 2.7-acre property at 121 Parsonage Lane in Sagaponack in 1995. The Blankfeins commissioned architect Lawrence Randolf and the Men at Work Construction Corp. to design and complete the house in 2001.”

With 6,500 square feet of living space, the shingled, gambrel-roofed home has 7 bedrooms, 8 bathrooms, a media room, gym, large eat-in gourmet kitchen (filled with top of the line professional appliances and containing a breakfast area) which opens into outdoor dining area that is screened in and covered, as well as lounge porches. A 40-acre nature preserve makes the property’s outside a lovely get-a-way with spectacular views. The grounds of the property are beautifully landscaped by Edmund Hollander. “Among the lovely lawns, flowers and plantings, 45-foot, heated gunite swimming pool and spa, pool house, fire pit and a sunken, north-south facing tennis court add recreational options to the bucolic setting.”

Blankfein is not without a Hampton’s vacation spot, despite this recent sale. According to Dan’s Paper, “In 2012, the executive bought an 8,000-square-foot Bridgehampton mansion for $32.5 million. The home has 7 bedrooms, 6.5 bathrooms, a pool, tennis court, formal dining and living rooms and other luxury parlor-like areas. Blankfein, who recently joined the billionaire’s club in 2015, and his wife also have a penthouse in Central Park West and own a home at the $1 billion condo project Faena House in Miami Beach.”

Rebecca Gold

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