Owning a big apartment in New York City is great, but having a mansion in the Hamptons is a privilege only the 1 percent of the 1 percent can enjoy.
And there may be no more exclusive place to own an East End home than Southampton’s Meadow Lane, which Forbes once dubbed “Billionaire Lane.”
Meadow Lane is one of the most expensive addresses in the country, and no wonder — it runs along a coveted beachfront strip in one of the most exclusive towns in the Hamptons. The millionaires and billionaires who live there all reside within throwing distance on the same stretch of road.
They also live within easy access of the Southampton Heliport, useful to anyone who travels from Manhattan to the Hamptons by helicopter.
In mid-2014, the Hamptons home where Diane Keaton and Jack Nicholson holed up in “Something’s Gotta Give” sold for $41 million to hotel mogul Jimmy Tisch of Loews Corp. The 8,000-square-foot mansion has 11 bedrooms.
Another property on Meadow Lane, a 3.5-acre estate owned by “electric dance music king” Robert Sillerman, sold for $37.5 million a few months later.
A modern beachfront property designed by architect Myron Goldfinger, who had one of his homes featured in “The Wolf Of Wall Street,” sold in November 2014 after being listed for $29.5 million.
Daniel Och, CEO of Och-Ziff Capital Management Group, purchased his four-acre, 7,000-square-foot mansion for $26.5 million back in 2006.
Nearby, billionaire David Koch of Koch Industries has a seven-bedroom mansion that was formerly valued by Forbes at $23.2 million. It has a tennis court and seaside pool.
His neighbor is real-estate investor Jason D. Carter, husband of Julia Vance Carter, who died in 2014. This 1929 French-style mansion sprawls across eight acres and is now available to rent from $100,000 a month.
Leon Black, American businessman and cofounder of Apollo Global Management, owns this extravagant four-lot compound.
Healthcare mogul Vivek Garipalli got a bargain on fashion CEO Tory Burch’s estate when he bought it in 2012 for $11 million, less than half of what Burch paid for it four years earlier.
The mansion of William Salomon, of former investment bank Salomon Brothers, was sold for $37 million in 2015. The buyer was not disclosed, but the plot of land currently looks like a building site on Google Maps.
Designer Calvin Klein tore down a huge, castle-like home to build a glass-and-concrete mansion. It reportedly cost him $75 million to build.
Just down the street from Calvin Klein’s property, hotelier Ian Schrager owns a 10-bedroom mansion with a tennis court. He has owned the property since the ’80s.
Ford Financial Fund managing member Gerald J. Ford owns this three-lot compound, which includes the 6,000-square-foot guesthouse he purchased separately for $10 million in 2011.
A Meadow Lane home that belonged to late financier Teddy Forstmann was listed for $34 million and sold for $24 million in 2013.
Want to join the high rollers of Meadow Lane? This oceanfront property is under construction and on the market for a cool $49 million. It will have 10 bedrooms, a tennis court, and pool.