Mick Jagger, Jackie O, Liz Taylor, Halston, Truman Capote and MANY other bold faced names hauled out all the way to the end of Long Island back in the 1970s and 80s to hang out here. Who was their host? Andy Warhol. Paul Morrissey put the spread up for sale back in 2001 for $50 million and finally sold it for $27 million back in 2007 to J. Crew CEO Mickey Drexler. The compound was a fishing camp back in the 1930s by the Church family who made the Arm & Hammer baking soda fortune. What do you get for that hefty price tag? 30 acres of prime oceanfront high on the bluffs, that includes 24 acres of horse pasture and two 1920s barns with 29 stalls. There are also a number of vintage cottages that have been beautifully restored by Mr. Drexler. Altogether there are nine bedrooms, 11.5 baths, and about 15,000 square feet of living space. Or you could buy one or two prime Warhols at auction. Drexler has said he prefers to collect real estate to art.
Long Island