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Opulent Kings Point estate listed for sale for $100 million, LI's most expensive listing

Coldwell Banker Residential Brokerage on Long Island is

Coldwell Banker Residential Brokerage on Long Island is pleased to announce that a unique compound on Long Island's Gold Coast is available for sale for $100 million. Credit: courtesy of Coldwell Banker

A massive Kings Point estate filled with opulent amenities among its three dwellings, including multiple indoor and outdoor pools, replicas of fountains found in a Russian palace and a casino, has been listed for $100 million.

The centerpiece of the 8-acre property, listed with Diane Polland of Coldwell Banker Previews, is a stone mansion built in 1928. The property also has two guest houses, which combine to provide 60,000 square feet of living space, with 13 en suite bedrooms and 35 bathrooms.

The mansion features lapis, agate and onyx carved by European craftsmen, as well as a ballroom, a racquetball court, fitness studios, saunas and Turkish baths. The additional homes are set up for entertaining, with a bowling alley, a casino room and a shooting range, said Roni Boyles, a spokeswoman for Coldwell Banker Previews. Outside is a 200-foot dock that stretches into the Long Island Sound, and the property offers views of the Manhattan skyline and the Throgs Neck and Whitestone bridges. A long driveway is paved with laser-cut stone and the fountains on the property were modeled after ones at the Peterhof Grand Palace in St. Petersburg, Russia.

The property is currently Long Island's most expensive listing.

"It's incredibly magnificent and I don't think that there's anything even comparable to it, even on the Gold Coast of Long Island," Boyles says.

The property was once owned by Tamir Sapir, a businessman from the Soviet Union who heavily invested in New York real estate and had an estimated net worth of $1.4 billion, according to published reports. He died in 2014.

Boyle declined to name the current owners, but said the home is part of a large real estate portfolio. The owners purchased the home for $15.85 million in 2013, according to public records.

"It's one of those things where they found themselves able to invest in a portfolio full of properties, and this was one of them," Boyle said.

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