This Issue's Big Deal Listing: 376 Gin Lane, Southampton



In a highly unusual development, a 1.8-acre oceanfront estate is possibly going back to the bank. Louise Blouin’s La Dune, at 376 Gin Lane in Southampton, is reportedly on the chopping block for an estimated pre-foreclosure price of $12,454,090. The owner of Louise Blouin Media, the publishing company responsible for Art + Auction and Modern Painters magazines and the art website BlouinArtInfo.com, has been sued for allegedly not paying her bills, though her personal fortune is estimated at $600 million and she is routinely cited as one of the wealthiest women in the United Kingdom, where she makes her home.

Nicknamed the Red Queen for her sartorial flair and off-with-their-heads management style, Blouin has had a storied history with the 10,900-square-foot house, which has reportedly been in lis pendens since late 2014. (Manhattan’s Reed Smith law firm is managing the sale.) Designed by Stanford White, the five-bedroom, six-bath home was previously owned by advertising titan Carl Spielvogel and his writer/activist/producer wife, HC&G contributing editor Barbaralee Diamonstein-Spielvogel, who sold it to Blouin and her second (now ex-) husband, John MacBain, in 1988, though the couple tried to back out of the $11.7 million deal after the area was ravaged by storms. Yearly taxes on the property, which was assessed at just over $20 million in 2013, reportedly hover around $68,000. Blouin’s four-bedroom penthouse duplex on Charles Street in Manhattan, designed by architect Richard Meier, is also on the market, listed for $40 million.

A version of this article appeared in the Auguts 15 2015 issue of San Francisco Cottages & Gardens with the headline: Deeds and Don't: Fleetwood Affair.

 

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248 Gay Street, Sharon, CT
Expansive & protected western views from this 5BR, 5BA completely renovated home on 18 acres in Sharon, CT. Kitchen, Dining, and Family Room open to an enclosed porch with distant views. Living Room w/fireplace overlooks pastoral views and pond. First-floor master suite with fireplace. 3 Upper BRs and 2 Full BAs. Guest suite w/ full BA & separate entry. Bonus Room in Basement. Heated Gunite Pool. Privately situated.



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Property of Note

196 Wyandanch Lane, Southhampton
World-class Southampton residence, "Wyandanch House" is situated on what is considered the loveliest street in the Village with its canopy of plane trees, from which one can view its entire length to the Atlantic Ocean. The impressive residence, located only a few minutes walk from the beach, is ideal for entertaining. The interiors have been designed by London-based Xenia Interiors to an exceptionally high standard and encompass approximately 14,000 sq.ft. of living space. Amenities include entertaining spaces, timber decks with views over limestone terraces, swimming pool, and Old Town Pond.



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