Real estate developer David Walentas’ $37 million Hamptons estate

ByDavid M. Conte

Apr 1, 2022

The Atterbury Estate is over a hundred years old.

Aerial view of the Atterbury Estate.

Courtesy of Brown Harris Stevens


Completed in 1913, the estate is named after the famous architect Grosvenor Atterbury. Atterbury was a prolific architect in his time, designing the American Wing of the Metropolitan Museum of Art and several other historic Hamptons residences, among other works.

Despite its rich history, the mansion was a “total wreck” when Walentas bought it in 2019, he told the Wall Street Journal last year.

As a result, Walentas worked with a team of architects and designers to have extensive renovations carried out on the home over a two-year period, Christopher Burnside of Brown Harris Stevens, who owns the listing, told Insider. .

“When Mr. Walentas purchased the property in 2019, the entire interior had already been stripped down to the studs, so only the exterior brick facade of the original 1913 house remains,” Burnside said.

“Every detail has been reviewed by the team and has been checked through a system of approvals to ensure it remains within the original design while incorporating modern elements including high ceilings, fully customized and high-tech smart home systems,” he added.

The cost of the house is a bit higher than the median listing price of houses in the Southampton area. According to Realtor.com, the median list price is $2.4 million and the median price of homes sold is $1.2 million.

Walentas did not immediately respond to Insider’s request for comment.