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Vitamin Shoppe Founder Jeffrey Horowitz Cuts Hamptons Estate Price to $79 Million
Sentiment: NeutralHigh Priority
What Happened?
Jeffrey Horowitz has reduced the asking price for his Sagaponack estate from $125 million to $79 million. The property features a private nine-hole golf course and 200 feet of oceanfront.
Key points
- Horowitz assembled the estate for about $2.7 million in the 1990s.
- The estate includes a nine-hole golf course designed by Horowitz.
- The property spans 3.5 acres with 200 feet of oceanfront.
- The main house is approximately 9,000 square feet with eight bedrooms.
- Horowitz previously attempted to sell the estate for $125 million in early 2025.
- The estate is marketed by Ryan Serhant and Compass agents.
Key insights
- The significant price reduction indicates a selective buyer market for luxury properties.
- Sagaponack's limited oceanfront inventory maintains high demand among wealthy buyers.
- The estate's unique features, like the golf course, enhance its appeal but require a specific buyer profile.
Why it matters
The price cut reflects the challenges in the ultra-luxury real estate market.
Tags
Entities
Jeffrey Horowitz· PersonVitamin Shoppe· OrganizationSagaponack· LocationHamptons· Location
Source
Times of India
