A main house with 11 bedrooms, 11 baths, 11 chimneys, and a large ballroom. Contact Us. At least one creditor had tried to stop the sale, but failed. The last owner of the whole estate was Edmund Lynch of Merrill Lynch. Kyalami, which had 12 bedrooms, was demolished in the 1940s. What is the assessed value of 40 Meadow Lane, Southampton, NY 11968 and the property tax paid? On The Market For $52.5 Million - Tim Davis The Brookline-born billionaire has bought a $43 million home at 40 Meadow Lane in Southampton a beach road filled with finance. All rights reserved. According to Forbes, ranked 108th in wealth in the United States. BESPOKE LUXURY MARKETING Some of the priciest properties in the U.S. are shopped around quietly. Dallas-based billionaire financier Gerald J. Ford, with an estimated fortune of $2.5 billion, bought this 3.5 acre spread with its 6,300-square-foot home in 1996 for $5.25 million. By choosing I Accept, you consent to our use of cookies and other tracking technologies. (2 minutes) A more than 8-acre estate on Southampton's Meadow Lane, a tony enclave that has recently drawn the likes of New England Patriots owner Robert Kraft and hedge . Christopher Milito, a partner in the Manhattan-based Morrison Cohens business litigation department, has since taken over as the attorney of record and did return a call for comment. Refi. Permitted land uses for this property include single-family. The average property tax on Meadow Lane is $60,997/yr and the average house or building was built in 2000. Some are resistant to allowing the. Of Och-Ziff, he's ranked 171 on the Forbes 400. The buyer was e-commerce retailer Michael Rubin. He preferred a house on Surfside in Bridgehampton, where he rented last year, but none were available.. The 6,000-square-foot modern home was listed with Corcoran's Tim Davis. ALL RIGHTS RESERVED. Experience unparalleled service from our best agents. Listing by Hamptons Realty Associates LLC, Based on Redfin's Southampton data, we estimate the home's value is $27,660,256. The modern home, not far from Southamptons exclusive Meadow Club, was once an 1880s shingle-style summer cottage fondly known as A Wee Ly Mor. The home had been built by the Betts family, one of the original summer colony families.

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