×

Bethenny Frankel Sells in Manhattan and the Hamptons

Location:
Bridgehampton, N.Y.
Price:
$2.28 million
Size:
4,239 square feet, 7 bedrooms, 5.5 bathrooms

Just weeks after selling a luxury condo in New York’s iconic Soho neighborhood for $3.65 million, Bethenny Frankel has shed a home in Bridgehampton, N.Y., for $2.28 million. Unfortunately for her, after renovation expenses and real estate fees, the sale price of the immaculately refurbished Hamptons property means the veteran reality star and entrepreneur would have been lucky to break even on the low-key estate she bought in 2017 for $2.1 million. Built in the late 1900s and once operated as the Morning Glory House bed and breakfast, the more than 4,200-square-foot, cedar-shingled farmhouse contains seven bedrooms and 5.5 bathrooms. It also features a charming wrap-around front porch and a bluestone patio surrounding the heated swimming pool. The recently sold property is currently available to rent from Memorial Day through the third week of June at a rate of $25,000.

As for her now-former Soho residence, Frankel purchased that 2,400-square-foot former loft five years ago for a princely $4.2 million. Two years and a costly custom overhaul later, the two-bedroom and 2.5-bath loft popped up for sale amid a deluge of publicity with an optimistic $5.25 million price tag. The price dropped gradually to $3.995 million before it was sold late last year for $3.65 million, a painful loss of almost half a million bucks not counting renovation costs and real estate fees.

Dabbling in the real estate market must be like playing Monopoly for the multi-hyphenate entrepreneur who created the wildly successful Skinnygirl brand and sold the cocktail line to Fortune Brands’ Beam Global (now a part of Suntory) for an estimated $100 million. Frankel’s current holdings now include a 4000-square-foot loft in Soho — featured in a 2018 issue of Architectural Digest — as well as another home in Bridgehampton, a two-residence compound purchased for total of $2.65 million in a pair of contiguous December 2013 transactions. In addition to her Manhattan and Hamptons homes, Frankel recently acquired a home in Boston’s exclusive Back Bay neighborhood with her film producer boyfriend Paul Bernon. 

Caroline A. Sarraf with Compass represented the Bridgehampton listing.

Popular on Variety

More Dirt

  • David Talbert House Woodland Hills

    Filmmaker David E. Talbert Upgrades in Woodland Hills

    Veteran playwright-turned-successful Tinseltown filmmaker David E. Talbert (“Almost Christmas,” “First Sunday,” the upcoming Netflix holiday special “Jingle Jangle”) and his longtime wife Lyn have substantially upsized their San Fernando Valley residential circumstances with the $2.4 million purchase of a plus-sized house in Woodland Hills. Tucked away within a guard-gated community known as Westchester County Estates, [...]

  • Carissa Davino House Los Angeles

    Cannabis Kingpin Carissa Davino Buys $9 Million L.A. Mansion

    California’s legalization of recreational marijuana has reaped incredible financial rewards for many in the cannabis industry, but most notably for those at the very top of the proverbial food (weed?) chain. One of those executives is Carissa Davino, a Chicago resident who now spends a significant amount of time in Los Angeles, where her various [...]

  • Morgan Brown House Los Angeles

    Morgan Brown Picks Up Historic Hollywood Hills 'Village'

    Though she’s probably best-known to the general public as Gerard Butler’s longtime on/off girlfriend, Morgan Brown has substantial independent means of her own — she’s an accomplished interior designer and real estate investor who’s owned and built a number of luxury homes in the L.A. area. She’s also a daughter of the late Harry Joe [...]

  • Nev Schulman Condo

    ‘Catfish’ Co-Host Nev Schulman Lists Manhattan-view Brooklyn Condo

    Nev Schulman, known to MTV watchers as the co-creator and co-host of the long-running reality series “Catfish: The TV Show,” has listed a contemporary condominium in Brooklyn’s hyper-hipster Williamsburg neighborhood with an asking price of almost $2.2 million. Tax records show Schulman, who based the “Catfish” TV series on the acclaimed 2010 documentary “Catfish,” in [...]

  • Mythbusters Historic Cultural Monuments

    Mythbusters: Historic-Cultural Monuments

    Everyone with an interest in architecture knows that Los Angeles is a veritable wonderland of architectural treasures, and those of us who cherish beautiful buildings are regularly horrified to see magnificent properties diminished by owners with a lack of vision, or demolished by greedy developers. Who could forget the “howls of protest” from architecture preservationists [...]

  • Jamie Iovine House Los Angeles

    Jamie Iovine Buys Beverly Grove Starter House

    Tinseltown scion and budding entertainment industry multi-hyphenate Jamie Iovine — he’s a DJ, a former WWE producer, former proprietor of the bygone Meltdown Comics and now the co-creator of mobile shopping platform Ntwrk — has opted to put down some permanent residential roots in a very central part of L.A, in the form of a [...]

  • Jennifer Love Hewitt House

    Jennifer Love Hewitt Snags Family Sized Pacific Palisades Home

    Married actors Jennifer Love Hewitt and Brian Hallisay, who began dating in 2012 while he, oddly enough, portrayed her ex-husband in Lifetime’s bio-drama series “The Client List,” have splashed out more than $6 million on a brand-new, family-sized residence in L.A.’s casually posh seaside community of Pacific Palisades. On a pretty street lined with unpretentious [...]

More From Our Brands

Access exclusive content