Advertisement

Readers like you keep news free for everyone.

More than 5,000 readers have already pitched in to keep free access to The Journal.

For the price of one cup of coffee each week you can help keep paywalls away.

Support us today
Not now
Tuesday 30 May 2023 Dublin: 8°C
# nice gaff
The 'King of All Fun' is selling his mansion for $95 million
Here’s what it looks like.

A BILLIONAIRE’S MASSIVE and secluded estate on Georgica Pond in Wainscott, New York, is on the market for $95 million.

Pharmaceutical billionaire Stewart Rahr, the self-proclaimed “No. 1 King of All Fun,” told The New York Times that he’s selling “Burnt Point” because he now summers in Europe.

The 25-acre piece of land was originally purchased by commodities trader David Campbell in 1996 for $10 million, according to Forbes.

Campbell had architect Francis Fleetwood design the sprawling 18,000-square-foot eight-bedroom house. In 2004, the estate was sold to Rahr for $45 million, which was the most expensive home ever sold in the state of New York at the time.

Rahr recently transferred ownership of the property to his charitable foundation, The New York Times report said. Corcoran has the listing. It’s definitely a dreamy summer home. Now, we’re going to take a tour.

Welcome to the Burnt Point Estate at Wainscott, built in 1997.

welcome-to-the-burnt-point-estate-at-wainscott-built-in-1997 Corcoran Group Real Estate Corcoran Group Real Estate

If you’re flying in from the nearby East Hampton Airport, this would be your view. The two-floor, 18,000-sq.-ft. estate rests on a 24-acre property with many amenities.

if-youre-flying-in-from-the-nearby-east-hampton-airport-this-would-be-your-view-the-two-floor-18000-sq-ft-estate-rests-on-a-24-acre-property-with-many-amenities Corcoran Group Real Estate Corcoran Group Real Estate

The portico leads into an open-ceiling traditional and rustic-styled foyer. Although don’t worry too much about the stairs — $95 million also gets you an elevator to go from second floor to basement.

the-portico-leads-into-an-open-ceiling-traditional-and-rustic-styled-foyer-although-dont-worry-too-much-about-the-stairs-95-million-also-gets-you-an-elevator-to-go-from-second-floor-to-basement Businessinsider Businessinsider

The den features a thatched roof reminiscent of a barn, with a great view of the grounds through the three double doors.

the-den-features-a-thatched-roof-reminiscent-of-a-barn-with-a-great-view-of-the-grounds-through-the-three-double-doors Corcoran Group Real Estate Corcoran Group Real Estate

And it’s complete with a roomy, well-lighted breakfast nook attached to the kitchen through an open arch doorway.

and-its-complete-with-a-roomy-well-lighted-breakfast-nook-attached-to-the-kitchen-through-an-open-arch-doorway Corcoran Group Real Estate Corcoran Group Real Estate

For dinners, the estate has a formal dining room with a slightly more modern finish.

for-dinners-the-estate-has-a-formal-dining-room-with-a-slightly-more-modern-finish Corcoran Group Real Estate Corcoran Group Real Estate

The house also has a connected guest wing with four bedrooms and four and a half baths. This is the wing’s living room. It also houses its own kitchen

the-house-also-has-a-connected-guest-wing-with-four-bedrooms-and-four-and-a-half-baths-this-is-the-wings-living-room-it-also-houses-its-own-kitchen Corcoran Group Real Estate Corcoran Group Real Estate

Step onto the balcony, and you’ve got a perfect view of the water.

step-onto-the-balcony-and-youve-got-a-perfect-view-of-the-water Corcoran Group Real Estate Corcoran Group Real Estate

For privacy, stroll down the dock on to the private beach.

and-the-dock-on-the-private-beach Corcoran Group Real Estate Corcoran Group Real Estate

You are, after all, in a secluded and picturesque inlet.

you-are-after-all-in-a-secluded-and-picturesque-inlet Businessinsider Businessinsider

Although if you don’t feel like spending a day with all the shortcomings of nature, the estate touts an outdoor heated pool and spa.

although-if-you-dont-feel-like-spending-a-day-with-all-the-shortcomings-of-nature-the-estate-touts-an-outdoor-heated-pool-and-spa Corcoran Group Real Estate Corcoran Group Real Estate

Read: There’s something a little spooky about this empty, 46-bedroom mansion

Read: This incredible glass house will be built into a cliff above the Aegean sea

Published with permission from
Business Insider
Your Voice
Readers Comments
45