Buying and selling real estate in the communities of Long Island
BloggersValerie Kellogg Kristin Lavin Taveira Maura McDermott Lisa Doll Bruno
Jennifer Lopez buying Hamptons mansion in Water Mill, source says
Jennifer Lopez is buying a three-acre Hamptons estate on the market for $9.995 million, a source close to the real estate deal says.
The eight-bedroom, 7.5-bath home is on a private cul-de-sac in Water Mill. It comes with a pool, pool house, outdoor shower, sauna, steam room and theater, according to the listing with The Corcoran Group.
The 8,500-square-foot house was built in 2004. There are three fireplaces, and for J.Lo's twins Max and Emme, a finished basement for play.
"She'll be in for summer at some point," the source said.
The current owners bought the house in 2005 for $5.695 million, according to real estate records. It was first put on the market in 2010 for $12.995 million. The price was reduced to $11.95 million in February 2012. It was cut again in August to its current asking price.
The house is also listed for rent, for $425,000 for the summer season, according to a real estate listing.
Lopez has visited the shingled, gambrel-style house. "She thinks it's a beautiful piece of property," the source said.
Neither Lopez nor the sellers of the property could be reached for comment.