Bethenny Frankel Sells Luxury Hamptons Home as Market Shifts

346 Lumber Lane, Bridgehampton, NY, USA - In recent real estate news, Bethenny Frankel has made headlines by selling her Hamptons house alongside a historic property in Greenwich, Connecticut. The former star of „Real Housewives of New York“ has seen her efforts come to fruition, with significant sales that reflect both personal and market trends in the luxury segment.

The Bridgehampton residence, purchased by Frankel in 2013 for $2.65 million, was sold for an impressive $5.2 million. This property includes a stunning main residence featuring approximately 2,500 square feet, four bedrooms, and three bathrooms. Notably, it boasts a living room designed to blend indoor and outdoor spaces, a heated gunite pool, and an adjacent pool house replete with a half-bathroom. The main house and a guest cottage, sold in separate deals, highlight Frankel’s real estate savvy. The guest cottage, a more intimate 600 square feet, is also equipped with high-end finishes, making both components desirable in today’s market. The property had been listed for $5,995,000 in September 2024 before its eventual contract in February, after a price reduction to $5.294 million in December, as reported by Behind the Hedges.

Shifting Locations and Properties

While moving from Connecticut to Florida, Frankel is not letting go of all her properties. She will maintain her Southampton beach house and recently acquired a new property on Shinnecock Bay for $5.45 million in October 2023. This transition showcases her commitment to coastal living.

In addition to her Bridgehampton sales, Frankel has also divested her historic AppleJack Farm in Greenwich, which sold for $7.825 million. Having purchased it for $4.25 million in 2021, this sale reflects an impressive appreciation in value.

The AppleJack Farm is no ordinary estate; it includes a sprawling 6,500-square-foot main home, five bedrooms, and an assortment of amenities such as a cottage and a party barn. Built in 1743, this property has remained in the hands of a few owners and carries a rich history. The selling process was managed by Jeff Jackson, while the new owner was represented by Sotheby’s International Realty.

Market Conditions and Trends

Looking at the broader market context, the Hamptons real estate scene is adapting to new dynamics. Recently, as reported by The Sevier Team, there has been a significant reset in the luxury market, with trophy home sales dipping by nearly $200 million in 2024 compared to the previous year. Buyers are becoming more particular, showing a preference for turn-key properties equipped with modern amenities over those requiring renovations.

In March 2025, the market saw 27 properties going under contract, which remained consistent with figures from the same week of 2023. Although the total dollar volume fell 16% compared to 2024, it marked a notable 51% increase compared to 2023. Such statistics are crucial for understanding the current market landscape, especially as homebuyers navigate uncertain economic conditions and changing remote work patterns.

As Frankel steps into a new chapter in Florida, her property ventures reflect both personal growth and broader market shifts. Whether she’s flipping houses for a profit or making significant investments in coastal communities, her moves are worth watching as they encapsulate a dynamic and evolving real estate scene in the Hamptons and beyond.