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  1. Housing
  2. Real Estate

Goldman Sachs' CEO Finally Sold His Mansion in the Hamptons

By:
Kerri Anne Renzulli
1 min read
Lloyd Blankfein, chairman and CEO of Goldman Sachs, in an interview on CNBC's Squawk Box on Feb. 3, 2016. - Katie Kramer/CNBC/NBCU Photo Bank via Getty Images
Lloyd Blankfein, chairman and CEO of Goldman Sachs, in an interview on CNBC's Squawk Box on Feb. 3, 2016. Katie Kramer/CNBC/NBCU Photo Bank via Getty Images

Lloyd Blankfein's Hamptons home finally has a buyer after several rounds of prices cuts, the Wall Street Journal reports.

The Goldman Sachs CEO's home, located on Parsonage Lane in Sagaponack, New York, first went on the market back in 2007 for a little less than $14 million, but has since undergone a series of re-listings and price revisions. In 2015, Sotheby’s International Realty listed it for just under $17 million before slashing it to $15.9 and then $14.5 million.

The price was finally dropped to $12.995 million and a contract placed on the home, though the identity of the buyer and the exact sales price are unknown.

The 6,500 square-foot home contains seven bedrooms, a media room and gym, while the 2.7-acre grounds includes a 45-foot-long pools, and tennis court.

Blankfein owns another home in Bridgehampton worth $32.5 million, which is reportedly why he's placed this one on the market.

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