After a number of years available on the market and a value lower, the long-time house of late pop artist Roy Lichtenstein lastly modified fingers.
An entity known as LBM Belief bought the property at 50 Gin Lane in Southampton for $17 million, Behind the Hedges reported, citing Suffolk County deed data. LBM went into contract for the deal again in April and it closed in August.
The deal for the historic 5,800-square-foot carriage home breaks all the way down to $2,931 per sq. foot. The property of Roy’s late spouse, philanthropist Dorothy Lichtenstein, listed the two-acre property on the market in 2024 for $20 million earlier than lowering the asking value by $2 million.
On the time it was put available on the market, it was the primary time the house had been made out there in additional than 50 years. Dorothy died in July 2024, whereas Roy died in 1997.
The principle construction dates again to 1987, however has undergone a number of expansions and modifications. The three-level house with 5 bedrooms and 6 bogs is adorned with glass partitions to see out on the grounds and a eating room that opens into the yard. The outside area additionally has views of the Atlantic Ocean.
Different options embody a rooftop deck and a non-public pathway to the seaside.
Sotheby’s Worldwide Realty’s Harald Grant and Bruce Grant represented Dorothy’s property, whereas Tim Davis of The Corcoran Group served as co-exclusive agent. All of them declined to touch upon the sale.
Roy Lichtenstein was a pivotal determine within the pop artwork motion, alongside contemporaries corresponding to Andy Warhol and Jasper Johns. His most notable works embody “Drowning Woman,” “Look Mickey” and “Masterpiece,” which notched a $165 million sale in 2017.
Listings fell practically 23 p.c within the Hamptons final quarter, all the way down to roughly 970 in comparison with 1,260 in the identical interval in 2025, in line with information from Miller Samuel and Streetmatrix. The drop in provide marked the third quarter of declines in a row, restraining gross sales throughout the luxurious enclave. The variety of transactions logged in the course of the interval fell 9 p.c year-over-year.
Greater than 65 p.c of offers fell within the $1 million to $5 million vary, a continuation of a pattern that started earlier this 12 months. That shift pushed the median sale value all the way down to lower than $1.9 million, a roughly 6 p.c decline from $2 million a 12 months in the past.
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Roy Lichtenstein’s Hamptons estate hits the market for $20M
