Meg Ryan has listed her Bridgehampton farmhouse for US$15.25 million (A$21.35 million), seeking a modest 11 per cent return on the property she purchased two years ago for US$13.5 million (A$18.9 million).
The restraint is notable – and possibly deliberate. Meg’s last major sale, a Montecito, California estate, was a lesson in overreach. She bought that property for US$9.5 million (A$13.3 million) in 2021, renovated it extensively, and listed it at US$22.5 million (A$31.5 million), hoping for a return north of 200 per cent.
It didn’t work; after no takers, she cut the price to US$19.5 million (A$27.3 million), and it eventually sold for US$16.8 million (A$23.5 million) last June – nearly US$6 million below her original ask.
This time around, according to the New York Post, Meg appears to have calibrated her expectations. The US$1.75 million markup on the Bridgehampton property bucks what the Post describes as a Hamptons trend of “stratospheric markups.”
The property itself is a traditional Hamptons farmhouse – brown wooden shingles, a covered porch, white pillars – sitting on 1.5 acres off a cul-de-sac.
At nearly 5,000 square feet, it includes five bedrooms, five fireplaces, vaulted ceilings, a sunken living room, a formal dining room, and a library with its own bathroom.
The second floor houses four bedrooms including a primary suite with a sitting area, steam shower, and a porch overlooking the grounds.
Outside, there’s a 20-by-50-foot heated pool and a covered porch with an outdoor fireplace.
A lower level offers a secondary living area with a large bedroom, kitchenette, and fully equipped gym.
The home also runs on a five-zone geothermal heating and cooling system and has a full-property security system.
Then there’s the detail that will get this listing talked about: a hot and cold running shower installed specifically for Meg’s dogs.
That love of animals extends to her property dealings. Meg buys and sells luxury real estate through a trust called the Third World Dog Trust, which she uses to keep transactions discreet.
The trust’s track record tells its own story. In 2014, Meg used it to purchase a 4,100-square-foot Soho loft for US$8 million (A$11.2 million) from actor Hank Azaria.
After redesigning the space, she sold it in 2017 for US$10 million (A$14 million). That same year, she bought a US$9.4 million (A$13.2 million) condo in Tribeca’s 443 Greenwich building – a converted book-binding factory known for its “paparazzi-proof” entry that has attracted residents including Justin Timberlake, Jessica Biel, Harry Styles, Blake Lively, Ryan Reynolds, Jake Gyllenhaal, and Jennifer Lawrence.
The full listing can be viewed at compass.com.