Well, that took a long time. This property, 211 Lily Pond Lane, East Hampton, is best known for being the summer rental of Bill and Hillary Clinton for two years. It has been on the market since at least 2009, however, at various price points, and has been listed in contract for 18 months now. It was listed by Rebekah C. Baker at Sotheby’s. In 2009, the asking price was a mere $25 million; it went down to $20 million in 2012, and more recently it was up to $32.5 million. Reportedly the new owner paid $29 million.
Previously owned by real estate bigwig Elie Hirschfeld, the house, done in an Arts-and-Crafts-meets-Swiss-chalet style, was designed and built in 1920 by John Custis Lawrence and was renovated in 2002. The place is 10,000 square feet, with 1.2 acres of land and 200 feet of oceanfront. Naturally, there are stunning ocean views in almost every room, along with 8 bedrooms, 7.5 baths, 5 fireplaces, a “large living salon,” and a 20′ x 40′ heated gunite pool.
For more, click here. 211 Lily Pond Lane, East Hampton