The billionaire art collector who owns Andy Warhol's former Montauk estate is reportedly entertainin

Publish date: 2024-10-01

Art collector and gallerist Adam Lindemann, the owner of Andy Warhol's former estate in Montauk, New York, is accepting offers in the ballpark of $65 million, the New York Post's Jennifer Gould Keil reported.

Sotheby's International Realty

"Celebrities are circling," according to Gould Keil's sources.

A representative for Lindemann at his art gallery, Venus Over Manhattan, didn't immediately respond to a request for comment from Business Insider regarding the reported sale.

Source: The New York Post

Lindemann purchased part of the estate — known as Eothen, or "from the east" — from former J. Crew CEO Mickey Drexler in 2015 for $48.7 million, according to Curbed.

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"I knew Andy in the early 1980s as a very young man, and I'm a collector of his work," Lindemann told Page Six at the time of the sale. "I'm very lucky to have this opportunity to live out this dream. It's a work of art."

Source: Sotheby's, Curbed

The adjacent 24-acre horse farm is still owned by the Drexler family, Curbed reported.

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Drexler listed the entire compound for $85 million, but Lindemann was only interested in purchasing the 5.7 acre estate once owned by Warhol, not the horse farm, according to Page Six.

Source: Curbed

The Church family, of Arm & Hammer Baking Soda fame, built the 5.7-acre property as a fishing camp in the 1930s.

Sotheby's International Realty

Source: Sotheby's

Warhol and filmmaker Paul Morrissey went on to purchase the property for roughly $220,000 in the 1970s, according to the Wall Street Journal. Jackie Kennedy, Mick Jagger, Elizabeth Taylor, and John Lennon were among the estate's most notable guests.

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Source: Sotheby's, The Wall Street Journal 

The estate consists of one main house, plus five smaller cottages.

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Source: Sotheby's, Wall Street Journal

Combined, there are nine bedrooms and 11 full bathrooms totaling 15,000 square feet, according to the 2015 Sotheby's listing.

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Source: Sotheby's

The main house features dramatic views of the Atlantic, from the living room ...

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Source: Sotheby's

... to the kitchen.

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Source: Sotheby's

Each cottage has its own distinct character.

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Source: Sotheby's

While some have lighter, beach-house aesthetics ...

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Source: Sotheby's

... others have dark wood-paneling.

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Source: Sotheby's

One even has a bedroom painted barn red.

Sotheby's International Realty

Source: Sotheby's

To boot, the property comes with a private beach.

Sotheby's International Realty

Source: Sotheby's

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