Entertainment exec buys historic East Hampton village home for $1.6M

The home was built in 1740

By Grace Cassidy Oct 11, 2017, 7:38am EDT

Eric Ellenbogen, currently the head of DreamWorks Animation’s television division, just purchased the historic Hiram Sanford House at 13 Egypt Lane in East Hampton village for $1.6 million. A year ago in October of 2016, the home was listed for $2.7 million. Soon after listing, the price was changed to $1,995,000 under Douglas Elliman agents Brian Hagadorn and Telly Karoussos for $1.6 million.

Ellenbogen co-founded Classic Media and Boomerang Media, now known as DreamWorks Classics which is part of NBCUniversal. He has also served as CEO and president of Marvel Enterprises.

The 1,500-square-foot home has three bedrooms and two bathrooms, sitting south of the highway. In fact, the home is right off the highway, close to where Gay Road and Egypt Lane intersect. Fortunately, it’s only a mile from the ocean at Egypt Beach.

Built in 1740, the timber-frame home retains some incredible features from the original construction, including the Rumfood cooking fireplace in the dining room.

According to the listing it’s been passed down for three generations, but the land is buildable and Ellenbogen has a couple of options here. He can either keep the home on the property (and presumably update it), build upon the home to expand, or build an additional separate home so there are two homes on the 0.43-acre property.