Quick Answer: Further Lane in East Hampton holds both the highest combined ($147M, Barry Rosenstein, 2014) and highest single-parcel ($115M, Len Blavatnik, 2025) sale records in Hamptons history. Notable residents include Jerry Seinfeld (12-acre estate purchased from Billy Joel for $32M), Larry Gagosian (world’s top art dealer), and Len Blavatnik (Warner Music Group owner). The street’s combined resident wealth exceeds $50 billion.

Further Lane doesn’t just host wealthy residents—it sets the standard for what American residential real estate can cost. When hedge fund manager Barry Rosenstein paid $147 million for three contiguous parcels in 2014, he redefined luxury real estate. When Len Blavatnik paid $115 million for a single parcel in 2025, the street confirmed its status as the most expensive address in America outside Manhattan.

Record-Breaking Sales

Property Price Year Buyer
62 Further Lane (+ 2 parcels) $147M 2014 Barry Rosenstein
408 Further Lane $115M 2025 Len Blavatnik
370/372 Further Lane $70M 2025 Undisclosed
Jerry Seinfeld Estate $32M 2000 Jerry Seinfeld (from Billy Joel)

Notable Residents

Jerry Seinfeld — Comedy Legend

  • Property: 12-acre oceanfront estate, Further Lane (Amagansett section)
  • Purchase: $32 million (2000) from Billy Joel
  • Net Worth: Approaching $1 billion
  • Features: Private baseball diamond added after purchase, 22-car garage, pool, guest house
  • Legacy: The estate has been called “the best summer party pad” in America

Len Blavatnik — Media Billionaire

  • Property: 408 Further Lane (8.5 acres)
  • Purchase: $115 million (2025) — single-parcel Hamptons record
  • Net Worth: $35+ billion
  • Background: Ukrainian-born billionaire, Warner Music Group owner, film investor

Barry Rosenstein — Hedge Fund Manager

  • Property: 62 Further Lane + 2 adjacent parcels
  • Purchase: $147 million (2014) — all-time Hamptons record
  • Net Worth: $2+ billion
  • Background: JANA Partners founder, activist investor

Larry Gagosian — Art World Power

  • Property: Further Lane estate near Blavatnik
  • Net Worth: $600+ million
  • Background: World’s most powerful art dealer, operates 19 galleries globally

The 2025 Blavatnik Sale: Anatomy of a Record

  • Sale Price: $115 million (off-market, finalized July 31, 2025)
  • Acreage: 8.5 acres stretching from Further Lane to the dune
  • Price Per Acre: $13.53 million
  • Seller: Terry Semel (former Yahoo! and Warner Bros. CEO)
  • Property Tax (2025): $71,608
  • Architecture: Includes structures designed by Charles Gwathmey

What Makes Further Lane Different

  • Oceanfront Scale: Parcels range from 5-15+ acres, allowing compound-scale estates
  • Privacy: Long driveways, mature hedgerows, and like-minded neighbors
  • Peer Concentration: Neighbors worth $50+ billion combined
  • Off-Market Tradition: Most significant sales occur privately

Further Lane vs. Meadow Lane

Factor Further Lane Meadow Lane
Location East Hampton Southampton
Record Sale $147M (combined), $115M (single) $112.5M (Mylestone)
Primary Residents Entertainment + Finance mix Finance-dominated
Celebrity Factor Jerry Seinfeld, art world Ken Griffin, hedge fund titans