Quick Answer: Lily Pond Lane in East Hampton Village is one of the Hamptons’ most prestigious addresses, home to Jon Bon Jovi ($7.6M, 2004), David Geffen ($70M compound, 2016), and formerly Martha Stewart ($16.5M sale, 2021). The street features historic homes dating to 1874, direct access to Georgica Beach, and a mix of media moguls and entertainment legends. Recent sales include 33 Lily Pond Lane at $39M (2025) with 171 feet of ocean frontage.

Where Meadow Lane concentrates finance billionaires and Further Lane attracts record-breaking transactions, Lily Pond Lane cultivates something different: history, media power, and the kind of celebrity who values pedigree alongside privacy. The street’s oldest home dates to 1874—making it older than most Hamptons institutions—and its residents read like a who’s who of American entertainment and media.

$70M
Geffen Compound
1874
Oldest Home
$39M
2025 Sale
171 ft
Ocean Frontage

Notable Residents & Sales

Jon Bon Jovi — Rock Legend

Address: Lily Pond Lane (EC Potter House)

Purchase: $7.6 million (2004)

Property: 11-bedroom historic home designed by E. Clifford Potter

Community: Summers with family, launched Hampton Water rosé wine with son Jesse, funded local food bank during Covid

Quote: Has called it his “favorite place on earth to be”

David Geffen — Entertainment Mogul

Address: Lily Pond Lane oceanfront compound

Purchase: $70 million (2016)

Net Worth: $9 billion

Background: DreamWorks SKG co-founder, record label pioneer, started in William Morris mailroom

Previous: Previously lived near Steven Spielberg on Georgica before trading up to oceanfront

Martha Stewart (Former) — Lifestyle Icon

Address: Lily Pond Lane (oldest house on street, built 1874)

Purchase: Late 1990s

Sale: $16.5 million (2021) to Kenneth Lerer (HuffPost co-founder)

History: Stewart famously threw her 50th birthday party at the house when it was still being renovated—”No one imagined it was my house. All white walls, barely any furniture.”

Renovation: Hired legendary Hamptons builder Ben Krupinski, who had polished the floors as a high school student

Recent Sales on Lily Pond Lane

Address Price Year Details
David Geffen Compound $70M 2016 Oceanfront, self-made billionaire’s trophy
33 Lily Pond Lane $39M 2025 171 ft ocean frontage, double dune protection
Martha Stewart Estate $16.5M 2021 To Kenneth Lerer, oldest house on street
1 Lily Pond Lane $25M (listed) 2023 Frederick G. Potter House, J. Greenleaf Thorp design

The Street’s Character

What Makes Lily Pond Lane Different

Historic Architecture: Homes date to the 1870s-1900s, designed by architects like J. Greenleaf Thorp who defined East Hampton’s aesthetic.

Beach Access: Direct path to Georgica Beach, one of the Hamptons’ most pristine stretches.

Media Power: Attracts entertainment moguls and media executives rather than pure finance.

Village Proximity: Walking distance to East Hampton Village shops and restaurants.

The Lily Pond Lane Social Scene

Unlike the fortress-like privacy of Meadow Lane, Lily Pond Lane residents tend toward community involvement. Jon Bon Jovi performs at local benefits. Martha Stewart (when she lived there) threw legendary parties. The street’s position near Georgica Beach creates natural social mixing during summer months.

33 Lily Pond Lane: The 2025 Landmark Sale

The 2025 sale of 33 Lily Pond Lane represented one of the year’s biggest Hamptons transactions:

  • Price: $39 million (asked), under contract 2025
  • Ocean Frontage: 171 feet of private beach
  • Main House: 6,935 sq ft, recently renovated
  • Expansion Potential: Approved plans to expand to 10,653 sq ft
  • Guest House: 2,091 sq ft with billiard room, steam shower, sauna
  • Amenities: Heated gunite pool, lit tennis/basketball court (one of the last approved before East Hampton Village changed lighting rules)
  • Position: Sits high on double dune for unobstructed ocean views while remaining protected

Historic Significance

Lily Pond Lane’s history intertwines with East Hampton’s evolution from farming village to summer colony:

  • 1874: Oldest extant house built (later owned by Martha Stewart)
  • 1900s: E. Clifford Potter develops homes along the lane, including Jon Bon Jovi’s current residence
  • J. Greenleaf Thorp: The architect who defined East Hampton’s aesthetic designed multiple Lily Pond Lane homes
  • Summer Colony: Street established as part of the original East Hampton Summer Colony alongside Gin Lane in Southampton

Related Coverage

Hamptons Power Addresses (Pillar 3)

Celebrity Real Estate (Pillar 2)

Luxury Collections (Pillar 2)

Celebrity Net Worth (Pillar 1)

Frequently Asked Questions

Who lives on Lily Pond Lane?

Current notable residents include Jon Bon Jovi (since 2004) and David Geffen ($70M compound since 2016). Kenneth Lerer (HuffPost co-founder) purchased Martha Stewart’s former estate in 2021 for $16.5M. The street attracts media moguls, entertainment executives, and celebrities who value historic architecture alongside oceanfront access.

Where is Lily Pond Lane?

Lily Pond Lane is in East Hampton Village, running from Ocean Avenue toward Georgica Beach. The street provides direct access to one of the Hamptons’ most pristine beaches while remaining within walking distance of East Hampton Village’s shops and restaurants. It’s approximately 100 miles east of Manhattan.

What is the most expensive house on Lily Pond Lane?

David Geffen’s oceanfront compound, purchased for $70 million in 2016, is the most expensive property on Lily Pond Lane. The 2025 sale of 33 Lily Pond Lane at $39 million with 171 feet of ocean frontage represents the most recent major transaction.

Did Martha Stewart live on Lily Pond Lane?

Yes, Martha Stewart owned the oldest house on Lily Pond Lane (built 1874) from the late 1990s until 2021, when she sold it for $16.5 million to Kenneth Lerer. She famously renovated the property with builder Ben Krupinski and threw her 50th birthday party there before the renovation was complete.

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