Hedge-fund manager Scott Bommer (who is known for flipping homes in the Hamptons) has finally sold his historic oceanfront estate in Southampton for $16 million, according to Curbed Hamptons.
Bommer originally put the house on the market in September of 2013 for $25 million, but has since had to lower the price multiple times. According to Southampton Village Real Estate, the final price was $16 million — a staggering $9 million and 20% below Bommer's asking price.
The historic beach house, known as the Halcyon Lodge, was once a part of the Henry Ford estate.
In 1946, Mr. and Mrs. Henry Ford II commissioned the famous architect Phillip Johnson — known for building The Glass House— to build a one story glass wing addition to the estate.
The home sits on 1.5 acres of land with 142 feet of oceanfront. Inside there are eight bedrooms, six baths, a heated pool, and even has a three-bedroom carriage house for guests.
Built in the early 1900s, this historic beach house is one of Southampton’s original cottage colony homes.
It has beautiful hardwood floors and a fireplace for cozy lounging.
The oceanfront home also has beautiful artwork on the walls.
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