Southampton Estate Previously Owned by Woolworth Family Sold For $40 Million

The Southampton estate which used to be part of the historic Wooldon Manor was recently sold for the first time in over 55 years for a total of $40 million.

The 3.77 acre property on Gin Lane, once owned by the Woolworth family, was sold by William McKnight, who applied to demolish the home with the Town of Southampton, according to the report.

The estate, listed by agent Tim Davis, includes a carriage house and cottage.

The 7,300 square foot home, originally built in 1900, includes 12 bedrooms and 9 bathrooms, according to the listing.

“Protected frontage and away from public access, this site suited for development affords room for a 15,000 square foot main house, guest house, pool and tennis court,” the listing reads. ”Build your dream.”

Photo: corcoran.com