Predictions for the 89th Annual Academy Awards, taking place on 26 February 2017, are well underway. Many are placing their Oscar bets on Natalie Portman as best actress for her portrayal of Jackie Kennedy in the 2016 biopic about the former First Lady of the US.
Coincidentally, an East Hampton estate, which was Kennedy’s childhood summer home until she was 12, went on the market on the same week that Jackie premiered at the Toronto Film Festival.
Its current owner, fashion designer and newly appointed chief artistic officer of Tiffany & Co Reed Krakoff, listed the property for US$38.9 million, which is handled by Peter Turino, president of Brown Harris Stevens, in association with Christie’s International Real Estate.
It is public knowledge that Kennedy’s paternal grandparents, John Vernou Bouvier Jr. and Maude Sergeant Bouvier, owned the property in the first half of the 1900s. They called it Lasata, which is the Native American word for ‘place of peace’. There have been only a few owners over the past century and 10 years ago, Krakoff’s latest purchase of the estate was for a reported price of US$25 million.
Built in 1917 and designed by noted architect Arthur Jackson, the 10-bedroom two-storey main house was immediately restored when Krakoff and his wife took over. Most of the flooring is wood patterned, but the living room and sunrooms feature grey stone tiles. Its kitchen has an eat-in breakfast area, next to a formal dining room. The listing says the property affords “total privacy” yet is “ideally located near ocean beaches”, along New York’s South Shore of Long Island.
The estate also boasts a separate two-bedroom guest house, swimming pool and pool house, as well as a three-car garage building.
For more information, please click here.