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    Sylvester Stallone Drops $25 Million in Cash on a Ritzy Hamptons Estate

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    Sylvester Stallone already owns a $35 million mansion in south Florida’s affluent Palm Beach community. But now the actor has decided to plump up his real estate portfolio, this time tacking on a home in the East Hampton enclave of New York for three of his most cherished family members.

    As first reported by the New York Post, the veteran TV and film actor has doled out a speck under $25 million in an apparent all-cash deal for a newly built home owned by married interior designers Phoebe and James Michael Howard. Stallone and his former model wife Jennifer Flavin acquired the one-acre spread for their daughters Sophia, Sistine and Scarlet, two of whom recently relocated from Los Angeles to New York and another who is currently attending school at the University of Miami.

    The living room is topped by a shimmering gold-leaf ceiling.

    Brian Bailey/MediaHamptons

    Completed in 2024, the property was sold in 2021 for roughly $6.4 million to the Howards. Shortly after the purchase, they engaged the services of McAlpine Tankersley Architecture to help them rebuild, reconfigure, and expand an existing shingle-style cottage that was previously owned by a prominent Long Island family for over two decades.

    Set on one of the area’s most coveted streets, just a mile from the Atlantic Ocean, the gated estate features eight bedrooms and 10 baths in almost 12,000 square feet of living space decked out with custom furnishings, art and finishes, plus an elevator to all three levels. The professionally landscaped grounds include a pool and spa nestled beside an open-air cabana, as well as a detached two-car garage sporting a finished loft space clad with old barn boards.

    An oval dining room is decorated with Émile-Jacques Ruhlmann chairs and lacquered cabinetry.

    Brian Bailey/MediaHamptons

    Inside, a double-height foyer displaying a curving staircase leads to a high-ceilinged living room centered around a bespoke fireplace adorned with a vintage mantel by Jamb of London. Bleached quarter-sawn white oak floors flow via a butler’s pantry to a striking teal-hued dining room, which connects to a gourmet kitchen boasting an eat-in island, a pricey Lacanche range, and a breakfast nook with a built-in banquette. Other highlights include a wood-paneled family room and a luxe primary suite with a steam shower-equipped bath, along with a lower level housing billiard and screening rooms.

    The listing was jointly held by Martha Gundersen and Paul Brennan of Douglas Elliman and Gary DePersia of the Corcoran Group; James Petrie of Compass repped the buyer.

    Click here for more photos of the East Hampton home.

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      Inside the $11.9 Million East Hampton Retreat of an Emmy-Winning TV Anchor

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      Almost two months after it first hit the market with a $13 million price tag, a picturesque spread long owned by Doug Johnson and his late wife Liz Robbins is now available in the sought-after Georgica enclave of East Hampton with a newly reduced ask. Currently offered for $11.85 million, 38 Darby Lane is listed by Sheila Smith of The Corcoran Group.

      Records show the couple—he a former Emmy-winning news reporter for WABC-TV New York, and she a prominent Washington lobbyist who passed away last year at age 76—paid $4.2 million back in 2007 for the almost two-acre property, which is showcased by a traditional English-style home boasting seven bedrooms and eight baths in roughly 6,000 square feet of rambling living space adorned with six fireplaces. There’s also a one-bedroom guest cottage, plus a detached two-car garage that doubles as a party barn.

      The fireside living room is spotlighted by walls of windows and a high wood-beam ceiling.

      Brian Bailey/Media Hamptons

      RELATED: This $95 Million East Hampton Estate Has 1,200 Feet of Waterfront Along Georgica Pond

      Extensively renovated by Johnson and Robbins during their tenure, the charming shingle-clad structure is hidden away from the street behind a dense clump of shrubbery and trees. A gated driveway empties out at a parking area. Once inside, highlights include an entrance foyer that flows to a window-lined living and dining area resting beneath a soaring pitched ceiling. A country kitchen is outfitted with pine cabinetry, an eat-in island and a walk-in pantry, while the adjoining breakfast room and den sports French doors opening out to a brick patio.

      A brick-paved patio enveloped in greenery is ideal for alfresco lounging and entertaining.

      Brian Bailey/Media Hamptons

      RELATED: This Angular $3.2 Million East Hampton Retreat Puts a Twist on the Classic Beach House

      An upstairs primary suite flaunts a balcony and antique glass-paneled doors leading to a bath with a walk-in closet, while the finished basement level holds a screening room, a woodworking shop, and a gym.

      The grassy and rose-laced grounds, which are showcased by a heated lap-lane pool flanked by a raised spa. There’s also a spacious outdoor entertaining space that’s hosted luminaries the likes of Paul Newman, Jack Nicholson, Jimmy Fallon, Bill and Hillary Clinton, Nancy Pelosi, Paul McCartney, Jimmy Buffett, Billy Joel, and Jon Bon Jovi, just to name a few.

      Click here for more photos of Liz Robbins and Doug Johnson’s East Hampton home.

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      in Luxury

      Tom Ford Snaps Up a Posh London Mansion for $104 Million

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      Tom Ford is making headlines again, this time in the real estate arena, where he’s known as a regular buyer and seller of extraordinary homes.

      The billionaire fashion designer, who sold his eponymous label to Estée Lauder for $2.8 billion, has now broken a record for the priciest home sale in the U.K. this year after snapping up a London residence for a staggering £80 million ($104 million), The Times reported. The trophy dwelling, which is “believed to be a white stucco-fronted mansion,” is located in the city’s affluent Chelsea neighborhood near Hyde Park and the River Thames. However, further details regarding Ford’s new digs are still largely under wraps—other than it was last purchased for £16 million ($20 million) about two decades ago. 

      According to the British newspaper, the deal comes not long after Ford, the former creative director of Gucci, offloaded another of his residences, this one in tony Regent’s Park, for an impressive eight figures, and this latest transaction brings the value of his vast property portfolio to an eye-watering £270 million (or $351.6 million). One of Ford’s most notable holdings is Jackie Kennedy’s childhood summer home in the Hamptons, which he scooped up last summer for $52 million. The palatial East Hampton estate, known as Lasata, sits on a sprawling seven acres of land and features an eight-bedroom main residence, a guest house, a caretaker’s cottage, and a three-car garage. The Texas native bought the place from media producer David Zander, and before that, the big spread belonged to fashion designer and retail executive Reed Krakoff and his interior designer wife Delphine (who are currently selling another historic estate in New Canaan, Connecticut).

      So far, London has experienced a bit of a slump in the luxury real estate market in 2024 with a decline in high-end deals. It was previously reported that only 149 homes valued at £10 million (roughly $13.2 million) or more have traded hands in the past 12 months, compared with 192 in the prior period. In terms of who’s doing the buying, wealthy expats have been snapping up the city’s high-end properties thanks to favorable exchange rates. In fact, Knight Frank found that the percentage of U.S. buyers purchasing homes in London rose to 6.1 percent in the first six months of this year from 3.3 percent in the second part of 2023. 

      “There are obvious risks at the moment, but the super-prime market is still functioning, just at a reduced level,” Paddy Dring, global head of prime sales at Knight Frank, said in a statement. “It’s sometimes easy to forget just how attractive London is on the global stage.”

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      Abby Montanez

      Abigail Montanez is a staff writer at Robb Report. She has worked in both print and digital publishing for over half a decade, covering everything from real estate, entertainment, dining, travel to…

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      in Luxury

      A Celebrity Hairstylist Trims Her Real Estate Portfolio, Listing a $3 Million Home in the Hamptons

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      Renowned celebrity hairstylist Sally Hershberger, who founded her eponymous salons in Los Angeles and New York City and travels the globe styling her A-list celebrity clientele, is a household name in the world of fashion and beauty. A pioneer in the hair industry, Hershberger’s client roster includes Miley Cyrus, Meg Ryan, Julia Roberts, and Joan Jett, among others, who pay upwards of $800 for a haircut. 

      It seems that hair isn’t the creative stylist’s only passion, as her international real estate portfolio attests. Many of her rental properties and luxury homes from London to L.A. to the Hamptons have been featured in various publications over the years, and the latest to hit the market is a midcentury-modern-inspired house in East Hampton, New York. Listed for a smidge under $3 million, the Masthead Lane home, called The Butterfly House, was built in 1976 and has been lovingly restored and renovated over the years. 

      The sleek living room is anchored by a minimalist fireplace.

      Sally Hershberger

      Far more humble and relaxed than many of the palatial multi-million-dollar Hamptons properties swimming in excess and opulence, Hershberger’s hideaway is a fine example of modest living and contemporary design. Situated on one acre in the northern part of East Hampton and just a brief walk to the beaches set along Gardiners Bay, Butterfly House spans 2,000 square feet with two bedrooms, two full bathrooms, and one powder room. The house gets its name from its inwardly sloped rooflines, which resemble butterfly wings. Built into the hillside, the home has a wraparound terrace on the upper level and a set of stairs over a lush hillside that leads to a path down to the pool and ample lawn space for garden parties and badminton games. 

      The interiors feature clean lines, open spaces, and soaring ceilings and are crafted with natural materials, including exposed wood and vast walls of glass. The loft-like main living and entertaining space is on the upper floor to take advantage of light, air, and views. The open-plan kitchen has custom wood cabinetry and a large skylight that adds additional natural light; nearby is a dining table that faces the terrace; and the sleek living area has a monolithic minimalist fireplace with a raised hearth. The wood ceilings are punctuated with blackened wood beams and slant upwards as you get towards the edges of the home. A wraparound deck overlooking the backyard and swimming pool can be accessed from many points on this level.

      The updated kitchen is simple and functional with white-oak cabinetry..

      Sally Hershberger

      The lower level is dedicated to sleeping quarters, with two spacious bedrooms and two full bathrooms. There’s also a mostly subterranean basement area with laundry facilities, as well as a single-car garage. Down a set of stairs and a winding pathway is the 46-foot-long pool, which has an elevated deck for sun loungers. Shrouded in privacy, thanks to towering specimen trees and landscaping that includes indigenous grasses and rolling lawns, the home feels like its own private countryside paradise in the middle of one of the most exclusive beach towns on the planet. 

      The property is listed by Kathy Konzet of Sotheby’s International Realty—Bridgehampton Brokerage. 

      Click here for more photos of The Butterfly House.

      Harris Allen More