Yahoo Finance Drew Barrymore Sells $8.45 Million Hamptons Home In Less Than 30 Days Despite Slumping Market
TV host and former child actor Drew Barrymore's $8.45 million Hamptons home sold less than 30 days after it was listed.
The Hollywood star and entrepreneur listed her residence in Sagaponack, New York, on April 25. According to the New York Post, she'd already found a buyer for the house by the start of Memorial Day weekend. The buyer's identity and final sale price have not been disclosed.
Sagaponack home prices were down 23.7% in April compared to the same month last year, according to real estate brokerage Redfin. The median sale price was $5.95 million, and homes were on the market for an average of 142 days.
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Barrymore paid $5.5 million for the two-story house in 2019 and started extensive renovations. The classic barn, built in 1920, sits on 1.7 acres and was first renovated in 2005. The six-bedroom, five-bath home features original beams and wood floors, large windows, built-in bookcases, and French doors.
The home features an eat-in chef's kitchen that opens to a deck. The kitchen is separated from the family room by a double-height open wall made of window frames. A charming guesthouse includes an extra bedroom, bath and office area.
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The landscaped grounds include a pool, pool house and bocce court, complemented by abundant vegetable, herb and flower gardens, lush green lawns and mature trees.
Barrymore, 49, started her career as a 6-year-old when she was cast in Steven Spielberg's "E.T." in 1982. Now the host of her own talk show, the award-winning actor has also starred in films including "Charlie's Angels," "Boys on the Side," "The Wedding Singer," "50 First Dates," and "Never Been Kissed."
She cofounded the production company Flower Films with Nancy Juvonen in 1995 and created the Flower Beauty Cosmetics makeup line in 2013. The mother of two also has a wine label consisting of three types of wine: a Pinot Grigio, a rosé of Pinot Noir and a red blend of Pinot Noir.
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This article Drew Barrymore Sells $8.45 Million Hamptons Home In Less Than 30 Days Despite Slumping Market originally appeared on Benzinga.com
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