A 42-acre estate in the Hamptons is set to sell at a record-breaking price after nearly 4 years on the market

jule pond
The 42-acre Southampton estate has nearly a quarter-mile of private beach.

A 42-acre estate in the Hamptons that was asking $145 million is in contract to sell for a record-breaking price, Jennifer Gould reported for the New York Post.

jule pond
The borders of the property are outlined in white.

Bespoke Real Estate, the brokerage handling the deal, did not disclose a final sale price but said on Facebook that it would be “the highest price achieved for a single property in the Hamptons’ history.”

The identity of the buyer is unknown, but Zach and Cody Vichinsky of Bespoke Real Estate told the Post that the buyer is from an “American real-estate family” that’s not based in New York. The brokerage did not immediately respond to Insider’s request for comment.

Jule Pond’s current owner is portfolio manager Brenda Earl, who bought the property in 2002.

The Jule Pond estate in Southampton hit the market in August 2017 for $175 million, but after nearly four years and several price chops, it was most recently listed for $145 million.

jule pond estate

The record for the most expensive home sold in the Hamptons is held by hedge-fund billionaire Barry Rosenstein, who bought an East Hampton property for $147 million in 2014. 

Jule Pond would have to sell over its asking price to break that record. But Zach and Cody Vichinsky told the Post that the East Hampton estate was a combination of multiple adjacent properties and that Jule Pond would be the priciest single parcel ever sold.

Either way, Jule Pond would likely be the priciest home ever sold in Southampton. Last year, billionaire Ken Griffin paid $84.4 million for fashion designer Calvin Klein’s modern compound on Southampton’s “Billionaire Lane.”

Jule Pond, which was once part of a larger property called “Fordune,” was originally built for Henry Ford’s grandson.

jule pond

The home was built in 1960, and many of its original architectural details have been maintained.

It boasts a stretch of beach that spans nearly a quarter mile, the largest ocean frontage in the Hamptons, according to the listing.

most expensive home hamptons

Source: Bespoke Real Estate

It also fronts several ponds, including its namesake Jule Pond.

jule pond

Source: Bespoke Real Estate

A stately driveway lined with manicured hedges leads to the main house.

jule pond estate

Source: Bespoke Real Estate

Inside, you’ll see ornate chandeliers and Italian marble fireplaces.

jule pond

Source: Bespoke Real Estate

The main home has 20,000 square feet of living space with 12 bedrooms and 12 bathrooms.

jule pond

Source: Bespoke Real Estate

Large windows show off panoramic views of the grounds.

jule pond

Source: Bespoke Real Estate

A massive kitchen leaves plenty of space for cooking and entertaining.

jule pond

Source: Bespoke Real Estate

There’s also a library that opens onto a koi pond with a waterfall.

jule pond

Source: Bespoke Real Estate

Hedges surround the 20-foot pool …

jule pond estate

Source: Bespoke Real Estate

… and a path leads down to the beach.

jule pond

Source: Bespoke Real Estate

To the northeast, the property borders a swath of reserved land, which adds another quarter mile of unobstructed views.

jule pond estate

Source: Bespoke Real Estate

In addition to the main house, the estate includes a garage that can hold at least six cars, a greenhouse, a tennis court, a basketball court, and a three-bedroom carriage house.

jule pond estate

Source: Bespoke Real Estate

The pending Jule Pond sale comes as the Hamptons real-estate market has exploded during the pandemic.

jule pond

While the Hamptons have long been home to coveted property, demand has surged over the past year as affluent New Yorkers have left the city for the seaside villages in New York’s Long Island.

As Juliana Kaplan reported for Insider, buyers have been snapping up luxury homes left and right, leading to bidding wars and the median sales price soaring to $8.8 million in the third quarter of 2020.

According to the Real Deal, at least 11 Hamptons homes sold for more than $30 million last year.

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The iconic mansion from ‘The Godfather’ is back on the market at a $105 million discount. Look inside the Beverly Hills estate.

godfather mansion hearst estate
  • The iconic mansion seen in 1972 classic film “The Godfather” is back on the market for $89.75 million.
  • That’s a roughly $105 million discount from its $195 million asking price in 2016.
  • In the movie, the mansion was the home of movie producer Jack Woltz, who woke up with a severed horse head in his bed after crossing the Corleone family.
  • See more stories on Insider’s business page.
The historic Los Angeles mansion where the classic 1972 film “The Godfather” filmed scenes is back on the market for $89.75 million – a $105 million discount from its original asking price – after the owner declared bankruptcy on the property.

godfather mansion

The estate’s owner, attorney and real-estate investor Leonard Ross, put the property on the market in 2016 for $195 million. Over the past several years, it’s seen price cut after price cut, down to $135 million in 2018 and $125 million in 2020

Now, the Mediterranean-inspired estate is listed at a 54% discount from its original asking price.

The new price comes after Ross was recently ordered to sell the property by a bankruptcy court following a petition from Fortress Investment Group, which said it’s owed more than $52 million in unpaid loans and interest, according to the Wall Street Journal. Ross had placed the LLC that owns the estate into chapter 11 bankruptcy in 2019.

Ross and his attorney did not immediately respond to Insider’s requests for comment for this story.

The nearly 30,000-square-foot mansion, built in 1927, sits on 3.5 acres of prime Los Angeles real estate in Beverly Hills.

godfather mansion

Once owned by media titan William Randolph Hearst, the property was formerly known as “the Beverly House” but is now being rebranded as “the Hearst Estate,” according to a spokesperson for colisting agent Marguleas of Amalfi Estates.

In 2013, the property was available for rent for $600,000 a month, per The New York Daily News.

With its latest foray onto the market, the estate is now colisted by three brokers: Anthony Marguleas of Amalfi Estates, Gary Gold of Hilton & Hyland, and Zizi Pak of Rodeo Realty.

The Hearst Estate was used in several scenes from “The Godfather,” where it portrayed the home of the character Jack Woltz, a movie producer who makes the mistake of crossing the Corleone family.

the godfather woltz mansion

Source: IMDb

It’s been widely reported that the mansion was the setting for one of the film’s most iconic scenes in which Woltz wakes up to a bloody, severed horse head in his bed.

the godfather horse head

But Marguleas’ spokesperson told Insider that scene was in fact filmed inside an estate on Long Island in New York.

Paramount Pictures, which produced the movie, did not immediately respond to Insider’s request for confirmation on the filming location of the scene.

The mansion was also seen in Beyonce’s 2020 visual album “Black Is King.”

beyonce black is king

The Hearst Estate is first shown when Jay-Z rolls up in a vintage Rolls Royce, and the film features multiple additional shots of the interior and exterior of the property.

Visitors to the estate will have to go through a wrought-iron gate and up the 800-foot driveway.

godfather mansion

Source: Amalfi Estates

The home was designed by Gordon Kaufmann, an architect who designed many other lavish mansions in the Beverly Hills area.

godfather mansion

Several additions were made to the home in the 1990s, expanding it significantly, according to a former listing.

Source: Amalfi Estates

The home, which has two swimming pools, once belonged to publishing mogul William Randolph Hearst.

godfather mansion

In addition to the pools, the home also has a private tennis court.

Source: Amalfi Estates

It’s surrounded by pristine, manicured gardens and hedges. Landscape architect Paul Thiene designed the gardens.

godfather mansion

Source: The Beverly House

Before it was listed for $195 million in 2016, the property was up for rent for $600,000 a month in 2013.

godfather mansion

Source: New York Daily News

The interior of the mansion is just as impressive as the exterior. Like the outside, it’s mostly decorated in warm, natural tones.

godfather mansion beverly hills

Source: Amalfi Estates

It includes a two-story library with hand-carved paneling and a detailed ceiling.

godfather mansion beverly hills

Source: Amalfi Estates

The furnishings are opulent, with gold tones and touches throughout many of the rooms.

godfather mansion

Source: Amalfi Estates

The living room, with its 22-foot-high arched ceiling, was sometimes used as a ballroom.

godfather mansion beverly hills

Source: Amalfi Estates

The mansion was well known even before its appearance in “The Godfather” – Jacqueline and John F. Kennedy spent part of their honeymoon there in 1953.

godfather mansion

SourceNew York Daily News

A stroll through the house would take you through its grand hallways, one of which is 82 feet long and the other more than 102 feet with a 40-foot wide mural.

godfather mansion los angeles

Source: Amalfi Estates

The 32-foot billiards room is open to the main hallway.

godfather mansion

Source: Amalfi Estates

The pool area was also used in scenes from “The Godfather.”

godfather mansion

Source: IMDb

In the film, it doesn’t look too different from today.

the godfather woltz mansion

Source: IMDb

If the 19 bedrooms in the main house aren’t enough, there’s also a separate five-bedroom house on the property near the entry gate.

godfather mansion guest house

Source: Amalfi Estates

The terrace can reportedly seat up to 400 guests.

godfather mansion

Source: Amalfi Estates

The Hearst Estate is not the only sprawling Los Angeles estate that’s gotten a massive price chop recently.

godfather mansion california

Another Beverly Hills estate, known as Villa Firenze, once listed for $165 million, just sold at auction for roughly $60 million.

And in December, a contemporary Bel Air home that was once asking $180 million dropped its price to $99 million. 

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A billionaire has been trying to sell his Versailles-inspired mansion for nearly 8 years – and it’s finally set to sell at a 47% discount. Look inside the Manhattan townhouse.

ues mansion
The home was originally listed for $114 million.

After nearly eight years on and off the market, one of New York City’s most opulent homes is finally in contract to sell for nearly $60 million, Katherine Clarke reported for the Wall Street Journal.

If the deal closes at that amount, it would be a roughly 47% discount from the home’s original price.

The 20,000-square-foot mansion with a panic room and a Versailles-inspired dining room was originally asking $114 million in 2013, making it the most expensive home listed in the city. But it has seen price chop after price chop and was most recently listed for $79 million.

The home’s billionaire owner, Vincent Viola, who owns the Florida Panthers, nearly sold the home once before. In 2017, a buyer was in contract to buy the home from Viola for $80 million, The Real Deal reported. But the deal fell through, so the house went up for rent for $175,000 a month before being relisted for $88 million.

Listing agent Paula Del Nunzio of Brown Harris Stevens did not immediately respond to Insider’s request for comment for this story.

Here’s what the Manhattan mansion, now set to sell for around $60 million, looks like.

Vincent Viola’s Upper East Side townhouse was once the most expensive home publicly listed for sale in New York City.

ues mansion

Since it was first listed for $114 million in 2013, the home has seen several price reductions. Even its most recent listing price of $79 million made it the second-priciest public listing in the city, according to Trulia and Zillow.

Vincent Viola, who founded Virtu Financial and has a net worth of $2.8 billion, bought the house in 2005 for $20 million, according to The Real Deal.

In December, Viola sold his home in Brooklyn Heights for $25.5 million, breaking the record for Brooklyn’s priciest home sale ever, Mansion Global reported.

The townhouse is half a block from Central Park.

12 e 69th st

The six-bedroom Upper East Side townhouse is 40 feet wide and “totally renovated,” the listing agent, Paula Del Nunzio of Brown Harris Stevens, told Insider in 2019.

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The opulent six-level home spans more than 20,000 square feet. The floors in the entry hall are heated onyx marble.

Four windows span both the front and the rear facades, providing “remarkable light at all times,” according to the listing.

The formal entry hall has 14-foot ceilings.

ues mansion

The house has a water filtration system, a security system with cameras, and a heated sidewalk for automatic snow removal.

The entry hall opens to a rotunda with 28.5-foot ceilings.

ues mansion

The home’s interior design style is “typical of the great mansions of Europe and of Stanford White in America,” Del Nunzio told Insider in 2019.

“The original architect of this mansion, William Bosworth, worked on the Rockefeller family estate, Kykuit in Tarrytown, and under the auspices of John D. Rockefeller Jr., Bosworth was commissioned to restore the Palace of Versailles, France,” she said.

A hidden door off the main hallway leads to the double-height library and office with 24-foot ceilings.

ues mansion

The house was commissioned for an international silk trader in 1883 and renovated into its neoclassical style in 1913.

A colorful mural is painted on the library’s ceiling.

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On the garden level, an additional entrance to the library offers private access to the office.

Del Nunzio described the scale of the interior rooms as “without compare” in any New York mansion.

ues mansion

Viola, the owner, collected art, furnishings, and decoration ideas during his world travels that were used in the home, per the listing. 

In 2017, the home almost sold to a Chinese buyer for $80 million, but the deal fell through, The Real Deal reported.

ues mansion

The house then went up for rent for $175,000 a month before being relisted for $88 million.

The home’s third floor includes a 40-foot-wide kitchen.

ues mansion

Four windows bring in bright natural light.

On the same level is the formal dining room, which was inspired by the Palace of Versailles in France and can accommodate more than 40 people.

ues mansion

Bosworth, the home’s architect, was also commissioned to restore Versailles, according to Del Nunzio.

The house includes two bedrooms on the fourth level and a master-bedroom suite with a large sitting room and two full baths on the fifth level.

ues mansion

The two 40-foot-wide bedrooms on the fourth floor could be converted to four or more bedrooms, according to the listing.

The fifth-floor master bedroom also includes two dressing rooms and a separate guest suite.

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One of the master bedroom’s dressing rooms is wired as a panic room, the listing says.

The bathroom pictured in the listing looks like it belongs in a palace.

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Like much of the apartment, it’s decorated opulently. The apartment has a total of nine bathrooms.

On the home’s lower level is the saline swimming pool, as well as two saunas and a full bath.

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In the rear of the pool is the lower entrance to the split-level home movie theater.

The movie theater spans two levels and includes 12 velvet chairs.

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In total, the apartment is spread across six floors, culminating in a 2,650-foot rooftop that has a garden — and views of Central Park.

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A British millionaire has been ordered to demolish the $64 million chateau he built in the south of France years after he ‘forgot’ to request a building permit

chateau diter france
French courts say the $64 million Chateau Diter was built without permission in a protected woodland area.

British millionaire property developer Patrick Diter and his wife, Monica, wanted to buy a villa in Tuscany.

Instead, the couple ended up building their very own sprawling, $64 million Tuscan-style mansion in Grasse, a town in the south of France less than an hour’s drive from Nice, French magazine Paris Match reported in 2017.

The 32,000-square-foot mansion, dubbed “Chateau Diter,” includes 18 suites, two helicopter pads, a swimming pool, and manicured gardens.

But it may not be standing for much longer.

France’s highest judicial court has upheld a 2019 ruling that Chateau Diter was illegally built and ordered Diter to demolish it within 18 months, subscription newsletter Airmail reports. The court also reportedly fined Diter $550,000 and said he would be charged an additional $600 per day if the chateau was not destroyed by June 2022.

A post shared by Celine Barel Perfumery (@celinebarelperfumery)

 

Diter has been battling to keep his lavish property standing for years – and the fines have been piling up. In March 2019, an appellate court in Aix-en-Provence ruled the chateau was built without permission in a protected woodland area, The Guardian reported at the time. The court ordered Diter to destroy it within 18 months or pay a fine of $226,000 as well as an extra $565 per day for every day the home remained standing past the deadline.

But nearly two years later, the British developer is still not ready to concede defeat.

“This decision is not the epilogue of this affair,” Diter’s lawyer, Philippe Soussi said, according to Airmail. “Even the idea of demolishing Chateau Diter, which is an architectural masterpiece, is unimaginable and foolish. We’re going to fight to avoid this.”

Soussi “hinted” that he and Diter would be taking the case to Europe’s Court of Human Rights, per Airmail.

A post shared by Angela Donava (@angeladonava)

“That’s ridiculous,” Grasse city council member Paul Euzière said, per Airmail. “Nobody has violated Patrick Diter’s human rights. His rights have been taken into account every step of the way during this legal journey.”

Rowdy guests and a ‘building frenzy’

Diter built Chateau Diter between 2000 and 2011, according to French newspaper Le Monde. In 2009, a group of neighbors took Diter to court, saying “the building frenzy had to stop,” per the Daily Mail. The neighbors have complained about noise at the chateau over the years and were once awarded about $50,000 in damages after the mansion was rented out for film productions and weddings.

Parties at the chateau have at times drawn 2,000 guests who came and went both by car and by helicopter, according to Le Monde. The property reportedly has a sound system of 132 loudspeakers across the grounds.

chateau diter france
Diter’s lawyer said the idea of demolishing the chateau is “unimaginable and foolish.”

In hearings in 2016 and 2017, Diter admitted he had forgotten to request a building permit for the chateau and ignored the injunctions to stop building, per Le Monde.

Diter and his reportedly wife live in the villa, but they’ve also rented it out as a boutique hotel, landing a feature in Boutique Hotel Awards.

The opulent chateau can sleep up to 36 guests and features several lounges, a library, a 15th-century fireplace, a cellar with a wine-tasting room, and a kitchen that overlooks the Italian garden.

Diter and his attorney did not immediately respond to Insider’s requests for comment for this story.

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Shaq just sold his Florida mansion for $16.5 million after 3 years on the market. Look inside the home that comes with a 6,000-square-foot basketball court.

shaq's florida house
Shaq bought the Florida estate for a little less than $4 million in 1993.

Retired NBA superstar Shaquille O’Neal just sold his lakeside mansion in Florida for $16.5 million, Sarah Paynter reported for The New York Post.

The 31,000-square-foot house sits on nearly four acres in the exclusive, gated golf community about a 30-minute drive from Orlando.

O’Neal, who retired in 2011 after making more than $286 million over the course of his basketball career, bought the house in 1993 for a little less than $4 million, according to Realtor. He first put it on the market in 2018 for $28 million, dropped the price to $21.9 million in 2019, and discounted it again to $16.5 million in 2020.

The 12-bedroom Florida home is in the exclusive Isleworth community, a 600-acre golf-club community bordering a lake that’s full of grand cypress and oak trees, and lavish estates. A website for the house touted a message for potential buyers: “Live life large, live like Shaq.”

Compass Florida’s Atlas Team agents Tiffany Pantozzi, Jared Ringel, and Chris Franciosa held the listing.

Here’s a look at the mansion O’Neal sold after nearly 28 years of ownership.

Retired NBA star Shaquille O’Neal just sold his lakeside estate in Windermere, Florida, for $16.5 million.

shaq florida house

He first put it on the market in 2018 for $28 million and then dropped the price to $21.9 million in 2019. It was further discounted to $16.5 million in 2020.

Shaq owned the property for nearly 28 years.

shaq florida house

Despite the price chops, he still turned a profit on the home. He paid a little less than $4 million for the property in 1993 — the year after he was drafted by the Orlando Magic.

The house sits on the shores of Lake Butler in Isleworth, an exclusive, gated golf community about a 30-minute drive from Orlando.

shaq florida house

Source: Atlas Team, Compass Florida

It features nearly 700 feet of prime lake frontage.

shaq florida house

Source: Atlas Team, Compass Florida

A private pier with two covered boat slips and two boat lifts stretches out onto Lake Butler.

shaq florida mansion

Source: Atlas Team, Compass Florida

Built in 1990, the 12-bedroom home spans more than 31,000 square feet.

shaq florida mansion

Source: Realtor

The entryway of the home is marked by stately white columns.

shaq florida mansion

Source: Atlas Team, Compass Florida

The grand foyer features a curved double grand staircase and polished marble floors.

shaq florida mansion

Source: The Agency

It leads into the estate’s two-story great room, which spans 1,170 square feet by itself.

shaq mansion florida

Source: The Agency

The formal dining room can seat 14 people.

shaq's florida house

Source: Atlas Team, Compass Florida

The home’s master bedroom has a mirrored wall, a gilded ceiling, and expansive views of the lake.

shaq's florida house

Source: Atlas Team, Compass Florida

The master bathroom suite is a bath lover’s dream …

shaq florida mansion

Source: The Agency

… and it’s bigger than many people’s bedrooms.

shaq florida mansion

Source: The Agency

The master suite also includes a spacious walk-in closet.

shaq mansion florida

Source: The Agency

The home’s 11 other bedrooms are similarly roomy and include either views of the lake or the lush Florida greenery. Most bedrooms have en-suite bathrooms.

shaq florida mansion

Source: The Agency

The home has a chef’s kitchen with professional appliances.

shaq's florida house

Source: Atlas Team, Compass Florida

The soundproof home theater can seat at least 10 people.

shaq florida mansion

Source: The Agency

The house includes its own cigar lounge with a private balcony and bar …

shaq florida house

Source: The Agency

… complete with a walk-in cigar humidor and plenty of wine storage.

shaq florida mansion

Source: Atlas Team, Compass Florida

An office on the ground floor provides a workspace with serene water views.

shaq florida house

Source: Atlas Team, Compass Florida

There’s also an “aquarium-style” room that features a triangular saltwater fish tank.

shaq florida mansion

Source: The Agency

As you might expect from one of the most famous NBA players of all time, the house has its very own 6,000-square-foot indoor basketball court.

shaq's florida house

Source: Atlas Team, Compass Florida

The words “Shaq Center” are printed on the floor.

shaq's florida house

Source: Atlas Team, Compass Florida

There’s also a garage with space for at least 17 cars.

shaq's florida house

Source: Atlas Team, Compass Florida

Previous listing photos show a room full of memorabilia from Shaq’s basketball career.

shaq florida mansion

Source: The Agency

The mansion also has its own recording studio and a game room.

shaq florida mansion

Source: The Agency

Outside is a 95-foot-long swimming pool that gets up to 15 feet deep.

shaq florida house

Source: Atlas Team, Compass Florida

A waterfall flows into the resort-style pool …

shaq's florida house

Source: Atlas Team, Compass Florida

… and an outdoor BBQ space includes a grill and sink, as well as underwater stools, which can make the space a poolside bar.

shaq florida mansion

Source: Atlas Team, Compass Florida

Shaq’s home is not short on security features.

shaq's florida house
Shaq bought the Florida estate for a little less than $4 million in 1993.

According to the listing, the home comes with a safe room, and the property is double-gated with a 10-foot privacy wall.

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