Our Hamptons
Fordune: The Henry Ford Estate, Southampton.
Jan 1, 2024
Explore the luxurious history of Fordune, a grand estate once owned by the Ford family, and its jaw-dropping $105 million sale. Discover the fabulous parties that captured media attention and a unique political fundraiser that blended Hamptons elegance with Texas charm. Reflect on the intertwining legacies of the Fords and their impact on American culture, all while uncovering the estate's tumultuous past. From lavish gatherings to culinary fusions, the rich tapestry of Fordune's history invites listeners into a world of wealth and glamour.
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Quick takeaways
- The recent sale of Fordune for $105 million exemplifies the intense demand for luxurious real estate in elite coastal areas.
- The estate's historical significance is highlighted by a 1964 political fundraiser that blended high society with a festive, informal atmosphere.
Deep dives
The Historic Sale of Fordune
In October 2021, Fordune, a 42-acre estate previously owned by the Ford family, sold for $105 million, setting a record for the highest sale price for a single parcel on the East End. Originally listed at $175 million, the property features nearly a quarter mile of private oceanfront, demonstrating its unique appeal and luxurious offerings. The estate, located in Water Mill but often associated with Southampton, is notable for its remarkable size and ocean access, which contribute to its high valuation. This record-setting sale highlights the enduring demand for prestigious real estate in elite coastal areas, despite significant price fluctuations and market comparisons.
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