The 7,400-square-foot home on 3.2 acres closed at $13.6 million, but that was only after a long, four-year march towards a compelling market price. In 2014, when the property was initially listed for sale, the asking price was $21.5 million.
The property was listed for $19.75 million, but Durant, one of the NBA champion Golden State Warriors’ best players, paid $100,000 to rent it for ten days in the summer of 2016. However, Durant’s dramatic addition to this five-bedroom mansion caused the real estate story to take a backseat at that point. Following his departure from the Oklahoma Thunder, Durant and his handlers began the extremely discreet task of finding the perfect, secluded location for the 7-footer to hold interviews with NBA clubs that were interested in pursuing him.
An earlier piece this year in the New York Times included details of the deal. By the time Durant made his way to the Golden State Warriors, the starting lineup of this formidable NBA club had earned the moniker Hamptons 5.
The future of Durant’s game-changing rental was a bit more uncertain while he and his teammates were defeating LeBron James and numerous other runners-up. Before a buyer was found, the property’s price was lowered twice further, to $16.9 million in 2017 and $14.995 in 2017. After moving from Compass to Sotheby’s International, Patricia Wadzinski, an associate broker, assisted Durant with renting the property until ultimately locating a buyer and finalizing the transaction.
There’s no harm in the fact that for a spell, Durant’s illustrious stay may have overshadowed the property itself at 189 Further Lane. What went down at the Hamptons 5 house is forever part of NBA lore. But now the property has found an owner who may have gotten a pretty sweet deal for this stellar home on one of the Hamptons’ most prestigious streets.