Karen Lauder is in contract to buy this East Hampton...

Karen Lauder is in contract to buy this East Hampton house. Credit: Saunders & Associates photo

The ex-wife of William Lauder, the former chief executive and president of Estee Lauder Companies, is in contract to buy an East Hampton house on the market for $8.65 million.

Karen Lauder, a film producer, is purchasing the five-bedroom, 6.5-bath newly constructed shingled house, a real estate source tells Real LI. The .93-acre property contains a heated pool.

The property is listed with Saunders & Associates.

The Lauders divorced after it was widely reported that William Lauder fathered a daughter with another woman. In May, he and the woman settled a lawsuit over supporting the child, only several days after the divorce was finalized.

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