Top Ten Real Estate Deals News: Matt Lauer Buys Richard Gere's Hamptons Mansion

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Richard Gere sold his Hamptons home to Matt Lauer for $33 million

According to the real estate website, Richard Gere's Hamptons home, originally listed in 2013 at $65 million, has just sold to Matt Lauer for $33 million.

“Matt Lauer Buys Richard Gere's Mansion”

Richard Gere has been patiently holding on to his historic 1902 Hamptons waterfront property for three years waiting for the right buyer to come along. Though rarely publicized and only occasionally mentioned in the press due to Gere’s desire to protect his privacy, those who took the time to delve further were struck by the feeling of walking back into history. Rolling lawns ending at water’s edge, a tea house poised to catch the sunsets over the water, a swimming pool tucked unobtrusively into the landscape and three impeccably preserved historic brick buildings created a peaceful, almost magical environment for relaxation and introspection.

The Strongheart Manor main house of 12,000 square feet has 12 bedrooms and 12 baths with modern interior updates while still maintaining its vintage charm. There are two other homes on the property of the same architecture designated as guest houses but appearing to be mansions in their own right. After the initial construction at the turn of the century, the 6.3-acre estate was added onto and further developed over the years, including the romantic tea house by the water.

Originally listed in 2013 at $65 million, the following year Richard lowered the asking price to $56 million and further to $47 million. It wasn’t until the most recent price cut to $36.5 million that the property started to draw serious interest. It has just sold to Matt Lauer, host of NBC’s “The Today Show,” for $33 million. The listing agent was Susan Breitenbach of The Corcoran Group in Bridgehampton, New York.

Richard has been filming “Oppenheimer Strategies” scheduled to be released later this year and “The Dinner,” scheduled for release in 2017.

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Terry Walsh
Top Ten Real Estate Deals
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