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This month, fired “Today” show anchor Matt Lauer cut $2.1 million off the price of his 25-acre property in the Hamptons; it’s now listed for $12.75 million. It was initially listed for $18 million in 2016.
A lot has changed for Lauer since 2016: He spent much of the past year dealing with allegations from more than a dozen women who say he sexually harassed them at work. He was fired from NBC without severance pay in November.
“Some of what is being said about me is untrue or mischaracterized, but there is enough truth in these stories to make me feel embarrassed and ashamed,” Lauer, 60, said in a statement in late November.
“Repairing the damage will take a lot of time and soul searching and I’m committed to beginning that effort,” he said. “It is now my full time job.”
Lauer and his wife, who own multiple properties on the East Coast, picked up this Sag Harbor, NY, home when it was brand-new, in 2004.
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It’s hard to find Hamptons property with this much acreage, says listing agent Susan Breitenbach with Corcoran Group Real Estate.
The home is “priced to sell,” Breitenbach says. It’s a “unique and amazing property and opportunity. It’s very hard to find 25 acres, ultra-private and quiet, anywhere in [the] Hamptons.”
The parklike grounds were designed by Brooklyn-based landscape architect Miranda Brooks, who’s designed gardens for Vogue editor Anna Wintour and billionaire Ronald Perelman.
The 8,000-square-foot, six-bedroom, eight-bath house was designed by architect Daniel Romualdez. It features weathered clapboard siding, soaring ceilings with exposed wooden beams, and casually luxurious spaces for entertaining guests.
Interior designer Muriel Brandolini embraced color and wallpaper: The dining room has forest green doors and trim, with hand-painted wallpaper depicting plants and trees. The living room has sea-foam green walls with dark trim, exposed beams, a cathedral ceiling, and six sets of french doors.
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The library has bright blue trim, built-in bookcases, and built-in seating nooks under the windows. The kitchen is plum-colored, while the master bedroom has patterned wallpaper, a black ceiling, and a chandelier.
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The effect, Breitenbach says, is an “elegant, traditional house” that looks far more classic than its actual age.
Outside, walking paths wind through the gardens, which have private sitting areas, terraces, and patios. There’s a tennis court, heated gunite pool, pool house, and wet bar.
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The property’s 25 acres could be split into two lots, with the main house sitting on 15 acres, and a separate, buildable 10-acre lot, Breitenbach says.
Lauer is a New York City native who dropped out of college to become a broadcast journalist. He joined the “Today” show in 1994.
His latest contract with NBC, signed in 2012 and originally set to expire in 2018, was estimated to be worth around $25 million per year.
The post Disgraced TV Host Matt Lauer Slices $5M From Price of Sprawling Hamptons Estate appeared first on Real Estate News & Insights | realtor.com®.
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