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Southampton's Former Goldman Sachs Party Pad Sells for $4.1M

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[Photo credit: VHT Studios]

In 2009, the New York Post caught wind that Goldman Sachs exec Richard Kimball Jr. was in hot water with the Southampton Police. Turns out Kimball, the ex-husband of Holly Peterson, was throwing pretty rowdy pool parties at his Southampton rental. But while Kimball was partying, the rental was trying to find itself a more permanent buyer. The 4,650-square-house first hit the market in 2008 for $4.150 million, and then jumped up to $4.895 million in 2009—right around the party pad-era. But by 2011, the Gambrel-style home took a modest price cut, which ultimately helped it score a contract a couple of weeks ago. And now, voilà! The home has sold for $4.1 million. Something tells us the neighbors are happy to see this place take a break from the rental market, too.
· Listing: 115 Toylsome Lane [Corcoran]
· Wall St. king's rowdy parties [NYP]