Once the "most opulent home in the Hamptons," Wooldon was once the epic summer estate of Jessie Woolworth Donahue, daughter of the Woolworth's founder. The waterfront spread was so grand, in fact, that this 10,000-square-foot pile was actually built in 1930 as the pool house. The original main house was demolished in the early 1940s after the death of its then-owner, Merrill Lynch co-founder Edmund Lynch, but the pool house has survived as one of Southampton, N.Y.'s finest waterfront mansions. Now owned by shoe designer Vince Camuto, the man behind Nine West, the mansion and a parceled off 5.5 acres have been listed for $48M. That leaves an additional 8.8 acres, the rear portion of the walled property, for further development, should the buyer not fork over tens of millions more to preserve the existing estate in its entirety. Meanwhile, the Camuto clan has already moved on to the restored Villa Maria, a "21,000-square-foot stuccoed Xanadu" in nearby Water Mill.
· Southampton Oceanfront [Corcoran]
· Wooldon Manor, Historic Gin Lane Estate, is Yours for $48M [Curbed Hamptons]
· Inside Vince Camuto's Lovingly Restored Hamptons Palace [Curbed National]