Michael Bloomberg bought his daughter a $4M Hamptons home

New York Post

2 days ago

It's been a big week for Georgina Bloomberg — and she has so much more to come.
Not only did the 41-year-old equestrian daughter of former New York City Mayor Michael Bloomberg take to Instagram late last week to share news of her near-term pregnancy, but she also just became the new owner of an East End home.
Indeed, she's the secret owner of a Hamptons waterfront residence located just minutes from her father's palatial estate, sources told Gimme Shelter exclusively.
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16 Georgina Bloomberg with her father, Mike, and his longtime girlfriend Diana Taylor.
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16 Georgina Bloomberg (right) is pregnant with a baby girl and nearing the end of her pregnancy.
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16 An aerial of the 2012-built home.
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16 Her new dwelling comes with coveted beach access.
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And we hear her father is the buyer.
'He wants to spend time with his grandchildren!' a source said.
The May 30 beach house purchase comes as the billionaire heiress — also an animal rights activist and philanthropist — and her longtime love, finance whiz Justin Waterman, are about to become parents together for the first time.
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'2 week countdown begins today. I cannot wait to meet you baby girl,' Bloomberg told her 100,000 Instagram followers.
Bloomberg also shares a child, Justin — born in 2013 — with her former love Ramero Quintana, an Argentine Olympic show jumping rider.
16 Bloomberg is an accomplished equestrian.
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16 A view of the home's open layout.
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16 Light pours in through large windows.
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16 The open kitchen has good storage and space for seating.
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16 The dining room.
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16 A main floor great room features a charming stone fireplace.
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16 One of four bedrooms.
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16 There's space for a home office.
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The new home is on Cold Point Road in Southampton and comes with 100 feet on the water. It was last asking $4.29 million and went into contract quickly — closing for $4 million, according to records. It was an all-cash deal, sources said.
Designed by acclaimed local architect John David Rose, the home overlooks Cold Spring Pond and Peconic Bay beach. The sale sets a new pricing benchmark for the Cold Spring Point Beach Community.
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There's no pool at the house, but there is an outdoor shower — and a boat dock in the backyard.
And if Bloomberg doesn't feel like meandering over to her dad's estate, her home has access to community tennis courts, as well as pickleball and basketball courts, along with beach access. But she can still bring the kids to see grandpa — and quite easily, too.
16 A screened-in sitting room looks to wide views.
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16 There's also space for patio seating.
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16 The grounds offer serene settings for her and her growing family.
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16 Kids of all ages will love the sandy beach.
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The charming abode is just 'five minutes' away from her father's estate, which is known as Ballyshear. That ivy-covered Georgian mansion is 22,000 square feet and overlooks Peconic Bay. It was built in 1910, spans a massive 35 acres, and is adjacent to the National Golf Links of America in Shinnecock Hills, which has hosted many US Opens. Michael Bloomberg, a member of the club, plays there regularly.
The size of Michael Bloomberg's estate makes his daughter's new home seem relatively tiny by comparison. Built in 2012, her two-story home is still a very roomy 3,000 square feet.
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It features four bedrooms and 4.5 baths, and sits on one third of an acre. The home's open floor plan and large windows showcase bay and pond views 'from every room,' according to the listing.
It all opens to a great room with a stone fireplace — and leads to a chef's kitchen, a butler's pantry and a dining area. The second floor features the primary suite with a covered porch ideal for morning coffee at sunrise. There's an additional 760 square feet of storage space in the attic.
The listing rep was Douglas Elliman's Brenda Giufurta, who declined to comment.