The sky’s the limit in the Hamptons.
There, the summer of stratospheric listings just booked another contender — a grand $162 million East Hampton compound that will rise from the dunes and replace a storied estate purchased in March for $72 million, The Post has learned.
The five-month quick flip for 43 East Dune Lane comes all-inclusive for the buyer, most notably with the skills of award-winning architects and builders — and all construction permits planned to be in place.
While in former years the purchase would be a shoe-in as the most expensive listed residential property ever in the area, this year there is potentially intimidating competition.
The estate sits between Calvin Klein’s former East Hampton compound, which listed in June for a breathtaking $165 million, and the Sagaponack home of billionaire hedge fund manager Zach Schreiber that listed the same month for $152.5 million. Right now, the record stands with the $147 million Further Lane buy in 2014 by another hedge fund billionaire, Barry Rosenstein.
The current East Dune Lane home comes with real princess pedigree. Longtime owner Lee Radziwill, the sister of Jackie Onassis, held that title when married to Prince Stanisław Albrecht Radziwill. After their 1974 divorce, the Hamptons upper crust still called her by the royal moniker.
Radziwill bought the property in the late 1980s for a bit over $6 million and lived there for more than a decade with her husband Herbert Ross, who directed the films “Footloose” and “Steel Magnolias.”
When the couple became extremely estranged in the late ‘90s, they stuck a deal to sell the home for $19 million to Jerry Seinfeld. But Seinfeld ended up with “No soup.” The comedian was cancelled after Radziwill and Ross had a rip-roaring fight about the sale and its legacy on the front lawn in front of their brokers and the sale was called off, the New York Observer reported at the time.
The present owner’s $72 million deal marked a steep slide from its original $120 million ask.
Little is known about the buyer because they used a shell company to purchase the property anonymously. Deed and tax roll records provide some information, with the purchaser having ties to a unit in a 134-apartment co-op in the heart of Manhattan’s Flatiron District, at 21 E. 22nd St.
The buyer is working with a stellar “dream team” to create the new home and its guest cottage, said listing agent Terry Cohen of Compass.
It appears plans for the property were in place from the get-go. The design and building team includes architect Robert A.M. Stern, the legendary New York fixture who passed away last Thanksgiving from a brief respiratory illness.
Master custom builder Ed Bulgin is behind dozens of enclaves in the Hamptons, including his redesign and expansion of the sweeping estate that served as sanctuary for Gordon Gekko in the 1987 film, “Wall Street.”
Landscape architect Ed Hollander is also on board. Hollander redesigned exteriors for, among other East Hampton homes, Neil Partick Harris’s 10-acre woodland estate and Candice Bergen’s 2 acres of gardens.
This builder and architects are going to realize “an extraordinary build,” of the new 17,500-square-foot main home, its 3,500-square foot guest house and landscaping, Cohen said.
The team will file building permits within the next two weeks for a home with 270-degree ocean views, a rare basement for Hamptons coastal properties and a short walk to the ocean, Cohen said.
The estate will sit on 3.6 acres with 225 feet of direct ocean frontage and plenty of privacy through its proximity to Hook Pond, and more than 200 acres of manicured golf course.
Nine bedrooms, 11 full and two half-bathrooms will nestle amid its three levels that all have clear ocean vistas. Plenty of mobility is provided by an elevator, dual staircases and a separate second-floor wing with a third staircase.
The first floor unfolds from a gallery foyer that will open into a living hall, and will contain a covered terrace, a sunroom and a dining room — along with a large den and two ensuite guest bedrooms.
The second floor is anchored by the primary suite, complete with a private porch and an office nook, as well as two additional ensuite guest bedrooms.
A separate wing accommodates an en-suite guest bedroom with a porch, and the lower level is designed for recreation and wellness.
That area will include a golf simulator, a gym with a cold plunge, a sauna, a playroom and a snack bar. A nearby sunken tennis court opens to an expansive lawn with an adjoining garden and terrace, as well as the guest house.
Also included are a wine cellar and a bar that opens to an outdoor pergola. If a cocktail party becomes especially buoyant, the nearby 20 by 80-foot rimless pool can fit 140 seated guests.