After years on the market and multiple price cuts, former Goldman Sachs CEO Lloyd Blankfein has finally found a buyer for his Hamptons estate on Parsonage Lane in Sagaponack.
Originally listed in 2007 for just under $14 million, the property returned to the market in 2015 with an asking price of $16.995 million. Over time, it saw several reductions—dropping to $15.9 million, then $14.5 million, before listing agent Susan Breitenbach of the Corcoran Group lowered it further to $12.995 million in February. While the final sale price has not been disclosed, Breitenbach confirmed that the estate is now in contract.
Built by Blankfein and his wife, Laura, roughly 20 years ago, the 6,500-square-foot shingled home features seven bedrooms, a media room, and a gym. The sprawling 2.7-acre estate offers a 45-foot-long pool, a pool house, and a sunken tennis court, creating a private oasis in one of the Hamptons’ most exclusive enclaves.
Blankfein’s decision to sell comes as he continues to maintain another Hamptons property, according to Breitenbach. Though he declined to comment, the sale marks the conclusion of a long effort to offload the residence amid shifting luxury real estate trends.
Sagaponack, known for its prestige and high-value estates, has experienced fluctuating market conditions in recent years. While waterfront properties continue to command top dollar, even high-profile sellers like Blankfein have had to adapt to changing buyer expectations.
Despite the price adjustments, the sale underscores the lasting allure of Hamptons real estate—especially in sought-after locations like Parsonage Lane. Now in contract, the transaction marks the end of Blankfein’s two-decade ownership of the estate, closing a chapter in his personal and financial legacy.
Meanwhile — as Blankfein tries to sell the property — take a look around.
