What is the story about?
What's Happening?
A newly constructed mansion in the Hamptons, built on the site of a former rental where Brad Pitt and Angelina Jolie once stayed, is now on the market for $35 million. The property, located at 495 Ox Pasture Road in Southampton, has been completely rebuilt after the previous structure was demolished. The new residence features luxurious amenities, including a pool, tennis court, and expansive gardens. The listing is managed by Tim Davis of Corcoran, who highlights the estate's unique appeal and prime location.
Why It's Important?
The listing of this high-profile property reflects the continued demand for luxury real estate in the Hamptons, a region known for its affluent residents and exclusive homes. The involvement of celebrities like Brad Pitt and Angelina Jolie adds a layer of intrigue and desirability to the property, potentially increasing its market value. This development is indicative of broader trends in the real estate market, where unique and historically significant properties attract significant attention and investment.
What's Next?
As the property is marketed, potential buyers will likely be drawn to its celebrity history and luxurious features. The real estate market in the Hamptons may see increased activity as high-net-worth individuals seek exclusive properties. The completion of the mansion by year's end will further enhance its appeal, potentially leading to competitive bidding among interested parties.
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