Rumor has it that billionaire music producer and film studio exec David Geffen bought an East Hampton compound nestled between the beach and Georgica Pond for $67.5 million, according to real estate blogger The Real Estalker.
The waterfront compound includes four separate lots: one for the 7,500-square-foot house, one for a guest house, and two additional vacant lots.
Other luxurious amenities of the house include seven bedrooms, two fireplaces, a fitness room, library, and a home office.
The property was listed last April for $75 million by socialite and philanthropist Courtney Sales Ross, wife of the late head of Time Warner, Steven J. Ross.
The expansive compound sits on nearly six acres of land between the beach and Georgica Pond.
The pond front is 481 feet and has a small dock for boats.
Plus, pretty amazing sunset views.
The living room takes full advantage of the views with enormous windows. It has a vintage-rustic vibe with wood-paneled walls, vaulted ceiling and decorated fireplace.