Where Is The Most Expensive House On Long Island?

by | Last updated on January 24, 2024

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The Evans property takes over the top spot for most expensive home on the island from

1400 Meadow Lane in Southampton

, which has been on the market for more than two years. The newly built 9-bed, 12.5-bath estate is listed for $53.9 million.

Where are the biggest houses in Long Island?

Built in 2003,

Fair Field

is a large private house in the Hamptons, Long Island, in New York State in the United States. The main house is approximately 64,000 sq ft (5,900 m

2

), and the total floor area is 110,000 sq ft. It is valued between $267 to $500 million for tax purposes. It is owned by Ira Rennert.

Where is the most expensive real estate in the Hamptons?

The record for the most expensive home sold in the Hamptons is held by hedge-fund billionaire Barry Rosenstein, who bought an

East Hampton

property for $147 million in 2014. Jule Pond would have to sell over its asking price to break that record.

Are houses in Long Island Expensive?

In Nassau County, the median home sale price in February 2020 was

$525,000

, compared to $600,000 in February 2021, an increase of $75,000. At the same time, inventory has dropped significantly since this time last year, creating all-out bidding wars between buyers.

Where is the most expensive house in the Universe located?

Antilia, a 27-story skyscraper on

the pricey Altamount Road in Mumbai

, is the most expensive home in the world, valued at upwards of $1 billion.

Where do the rich live in Long Island?

  • Wainscott.
  • Water Mill. …
  • Amagansett. …
  • Quogue. …
  • Manhasset. …
  • Old Westbury. The median home price in Old Westbury, Nassau County, is $1,542,000. …
  • Mill Neck. Mill Neck is a village in Nassau County with a population of just 1,073 people. …
  • Red Hook, Brooklyn. In 2020. …

How many millionaires are in Long Island?

Attachment Size MillionairesMap2b.jpg

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Where do the rich live in the Hamptons?

The most expensive neighborhoods lie south of the highway, and most of all in the so-called Estate Areas of

Southampton Village, Water Mill, Bridgehampton, Sagaponack and East Hampton Village

.

Where do billionaires live in the Hamptons?

More Stories by Laura. Southampton’s

Meadow Lane

is the toniest address in the famously high-toned Hamptons, where the 1% of the 1% spend their summers — or at least a couple weeks of their summers. What makes Meadow Lane so popular with the richest of the rich?

Where do most celebrities live in the Hamptons?

  • Anderson Cooper in Westhampton. …
  • Anthony Scaramucci in Water Mill. …
  • Neil Patrick Harris in East Hampton. …
  • Beyoncé and Jay-Z on Georgica Pond. …
  • Alec Baldwin in East Hampton. …
  • Robert Downey, Jr.

Why is Long Island so rich?

Long Island, NY is

rich in farming history

and features many produce farms located on both the North Shore and South Shores. Because the western and central regions of the island are now largely devoted to residential use, the East End of the island is now the primary agricultural area of Long Island.

Is living in Long Island Expensive?

Cost of Living

In fact, Long Island is

one of the most expensive places to live in the United States

beating out New York City. It costs a family of four around $140,000 just to get by comfortably. Taxes, of course, are what make the bulk of expenses, followed by housing, transportation, and health care.

How much money do I need to live on Long Island?

The group estimates a family of two adults and two children in the Nassau/Suffolk metro area would need to earn a combined

$139,545 per year

— or $11,629 a month — to live comfortably.

What is Bill Gates house worth?

The 66,000-square-foot mansion is valued at

more than $130 million

and racks up a yearly tax bill of more than $1 million.

Who owns the world’s most expensive mansion?

Antilia is a 568-foot skyscraper in the heart of Mumbai, India. In addition to being the priciest private home on Earth, it’s also the world’s biggest. According to Architectural Digest, Antilia is owned by

Mukesh Ambani

, the chairman of Reliance Industries and the richest person in India.

Which celebrity has the most expensive house?

  • Taylor Swift’s $30million house. …
  • Kylie Jenner’s $36.5million house. …
  • Ellen DeGeneres’ $45million house. …
  • Tiger Woods’ $54.5million house. …
  • Tom Cruise’s $59million house. …
  • Angelina Jolie’s $61million house. …
  • Jay-Z and Beyoncé’s $88million house.
Timothy Chehowski
Author
Timothy Chehowski
Timothy Chehowski is a travel writer and photographer with over 10 years of experience exploring the world. He has visited over 50 countries and has a passion for discovering off-the-beaten-path destinations and hidden gems. Juan's writing and photography have been featured in various travel publications.