In continuing with today's theme of incredibly expensive listings, 93-year-old art collector Jan Cowles has listed her Southampton mansard-style residence for a whopping $25M. Well, her lawyers have?it's been reported that Ms. Cowles has been suffering from dementia for several years now.
Readers might be familiar with the name as she recently slapped the Gagosian Gallery with a $10M dollar lawsuit for allegedly selling one of her paintings without permission. The Brown Harris Stevens listing is on the up-and-up, though.
Offered for the first time, the 6500 sq. ft. home is set on a whopping 4 acres of property just 200 feet to the ocean. Reading between the lines, we're getting the sense that it's not the in the best of shape: 1) There are no interior photos and only obscured exterior shots 2) The brokerbabble plays up the property ("meticulously tended rose gardens, specimen plantings, sweeping lawns, meandering pathways") and not the residence 3) The babble also mentions that it's an "opportunity to create a significant estate and compound"?a not-so-subtle way of saying "teardown."
Update: Looks like Ms. Cowles is also selling her Manhattan apartment, the city's largest available single-floor listing. [Curbed NY]
Superbly Landscaped 4 Acre Estate On Coveted Gin Lane [Brown Harris Stevens]