12.10.2009

Giddy up!

East Enders have a new star in their midst.

Madonna, who earlier this year purchased (as we first reported) an Upper East Side townhouse that closed for around $32 million, is now finally buying her dream horse farm in the Hamptons.

Word is that Madonna is buying Kelly Klein's horse farm, Wild Ocean Farm, at 450 Mitchells Lane in Bridgehampton for under $10 million. The north-of-the-highway property includes 30 acres of land, but there's no house there. There might be a groom's apartment, but that would be it in terms of living space, brokers with knowledge of the farm say.


Klein, the ex-wife of Calvin Klein, had used the farm's indoor and outdoor rings to train show horses. A few months ago, she quietly put the word out that she was willing to sell the property. And we hear the deal with Madonna was done without a broker.

Madonna is also attempting to purchase an additional 24 acres that abut the property at 1151 Millstone Road, which is listed for $2.4 million. (It's also known as 10 Mitchells Lane).

That price might sound cheap, but internal broker notes reveal that Suffolk County either bought the land's development rights or is in the process of buying them. This means that Madge could ride her horses there but likely could not build a home on the land.


 

Thanks!
Jeannie

email: Madonnasworld@gmail.com
Website: www.madonnasworld.com