The Hamptons’ luxury market was on fire in 2025.
Following a lull in top-dollar deals last year, the East End’s highest tier snapped back to life, crowned by its first nine-figure deal since 2023. The surge pushed the year’s top 10 residential closings to a combined $579 million, up significantly from $327 million in 2024 and even outpacing the $550 million logged in 2022.
The momentum extended beyond the priciest deals. Between January and October, 20 homes in the Hamptons sold for $20 million or more, according to an analysis by the Wall Street Journal. By late fall, the luxury destination was on track to notch more than 90 deals totaling $10 million or more, up from 75 in 2024 and just 41 in 2023.
As the Hamptons’ residential market began heating up ahead of the summer, appraiser and analyst Jonathan Miller noted that more homes were hitting the market in the South Fork, allowing more deals to cross the finish line. That, along with a banner Wall Street bonus season, fueled the uptick in activity.
Aside from the eye-popping price tags, this year’s leading deals also featured a number of high-profile buyers and sellers. Access Industries’ Len Blavatnik clinched the No. 1 spot in the rankings, with Boston Celtics co-owner Wyc Grousbeck, Shutterstock founder Jonathan Oringer and Swedish billionaire Thomas Sandell also in the mix.
Here’s a closer look at the deals defining the Hamptons’ rebound year:
1) 408 Further Lane, Amagansett | $115 million
Developer Len Blavatnik set a new record for a single parcel deal in the Hamptons when he dropped $115 million on an eight-and-a-halfacre property in July, marking the first nine-figure deal in the luxury enclave in two years.
An entity tied to the Ukraine-born founder of Access Industries bought the oceanfront estate from Terry Semel, the former chairman of Warner Bros. and Yahoo!. Semel in 2005 paid $43 million for the property, which at the time included a five-bedroom cottage.
2) 370 & 372 Further Lane, East Hampton | $70 million
The $70 million deal for the seven-acre, oceanfront property managed to land the No. 2 spot, despite selling for a significant discount. The buyer, whose identity is shielded by an LLC, purchased the estate in April for $19 million off of its initial asking price when it hit the market last summer.
The property includes a 10,000-square-foot main house at 372 Further Lane, which features a terrace with an outdoor fireplace, heated pool and three-car garage, as well as a smaller guest house on the neighboring lot.
Sotheby’s International’s Frank Newbold represented the seller, and Douglas Elliman’s Paul Brennan and Martha Gundersen brought the buyer.
3) 105 & 111 Lily Pond Lane, East Hampton | $67 million
An LLC linked to the estate of Polly Buckmann, who was married to investment banker Donald Buckmann, traded the two properties in September for $66.8 million. The deal included an 8,400-square-foot waterfront home at 105 Lily Pond Lane, which includes 11 bedrooms and 10 bathrooms, as well as a 1.85-acre lot next door.
The estate, known as Dune House, asked just under $80 million when it hit the market in April. The home was built in 1916 for President Franklin D. Roosevelt’s treasury secretary, William H. Woodin.
Compass’ Ed Petrie, James Petrie and Charles Forsman had the listing, and The Agency’s Dana Trotter brought the buyer.
4) 165 Surfside Drive, Bridgehampton | $58 million
Co-owner of the Boston Celtics, Wyc Grousbeck, and his wife, Emilia Fazzalari, paid $58 million in November for the oceanfront home developed by Joe Farrell.
The 1.24-acre property includes an eight-bedroom mansion — complete with a 4,400-square-foot rooftop terrace — pool and six-car garage. Farrell initially sought $70 million for the property before he completed construction on the home.
Compass’ Richard Steinberg and Hedgerow Exclusive Properties’ Greg Gould and Dominic Couzens represented Grousbeck in the deal.
5) 125 Mid Ocean Drive, Bridgehampton | $57 million
Shutterstock founder Jonathan Oringer in October offloaded his oceanfront mansion to an unknown buyer in a $57 million off-market deal. The 10,300-square-foot home has eight bedrooms and 12 bathrooms and features a heated infinity pool, outdoor kitchen and gym.
Oringer bought the estate in 2014 for $40 million. He initially tried to sell the property for $52 million in 2021, after he moved to Florida, though he pulled it off the market before finding a buyer.
Douglas Elliman’s Erica Grossman, Paul Brennan and Martha Gundersen represented Oringer, while Compass’ Terry Cohen brought the buyer.
6) 1010 Meadow Lane, Southampton | $56 million
The home at 1010 Meadow Lane appears to have traded in an off-market deal, which closed for $55.8 million in September. The seller is Nancy Silverman, who was married to private equity executive and founder of 54 Madison Partners, Henry Silverman, until their divorce in 2012.
The now-estranged couple bought the property for $11.8 million in 2001, though Nancy appears to have taken over ownership of the property during their divorce, according to property records. At the time, the 2.2-acre property featured a five-bedroom, five-bathroom home, according to Realtor.com.
7) 294 Further Lane, East Hampton | $49 million
The home at 294 Further Lane sold for $48.5 million in June in what also appears to be an off-market deal. The identities of both the buyers and sellers are shielded behind anonymous entities.
The property last traded in 2004, when Jonathan Rosenstein, founder and managing partner of Trilogy Capital Group bought it for $4.8 million, according to property records.
8) 1320 Meadow Lane, Southampton | $40 million
Swedish billionaire Thomas Sandell finally sold his unfinished mansion for $40 million in March, seven years after he initially sought to offload it. The buyer signed a contract for the property last December.
Sandell bought the waterfront property from the family of Calliope Kulukindis, the widow of a Greek shipping mogul, for $37 million in 2007. He spent another $19 million on constructing a Moroccan-style mansion, though he abandoned work in 2018 when the home was about 60 percent complete.
Corcoran’s Tim Davis and Bespoke Real Estate had the listing.
9) 24 & 36 Jefferys Lane, East Hampton | $36 million
The four-acre, waterfront estate traded in November for $36.3 million, seven months after hitting the market for just under $42 million, according to a listing with Realtor.com.
The property features a 7,900-square-foot home at 24 Jefferys Lane, which was built in 1815 and moved to the site in 1923, and a neighboring lot, which is currently vacant.
10) 1730 Meadow Lane, Southampton & 67 Surfside Drive, Bridgehampton | $32 million
The two waterfront homes tied for the last spot among the 10 most expensive deals in the Hamptons in 2025, both closing for $32 million.
The renovated property at 1730 Meadow Lane, known as Camp Meadow, spans 3.4 acres and features a two-story home with seven bedrooms and seven bathrooms. The other oceanfront property in Bridgehampton was featured as Gordon Gekko’s home in the 1987 film “Wall Street.”
The Modlin Group’s Christopher Covert had the listing for the Southampton home, while Sotheby’s International’s Harald Grant brought the buyer. Hedgerow Exclusive Properties represented the buyer and seller in the deal for 67 Surfside Drive.
