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I drove down 'Billionaire Lane' in the Hamptons, where Wall Street execs, CEOs, and celebrities live in multimillion-dollar mansions — take a look at the famous beachfront stretch
I drove down 'Billionaire Lane' in the Hamptons, where Wall Street execs, CEOs, and celebrities live in multimillion-dollar mansions — take a look at the famous beachfront stretch
Katie WarrenJul 25, 2020, 20:12 IST
Multimillion-dollar mansions in a mix of architectural styles sit along the five-mile lane.Katie Warren/Business Insider
Earlier this year, fashion designer Calvin Klein sold his ultra-modern compound on the lane to billionaire hedge-fund CEO Ken Griffin, a source familiar with the deal confirmed to Business Insider.
In early June, I drove down Meadow Lane to see what it was really like on the exclusive five-mile stretch of road.
I spotted a billionaire's half-built compound that might be demolished before it's even finished and a helipad that brings Wall Street financiers to their mansions in 40 minutes.
But I was surprised that I couldn't actually see many of the famed million-dollar mansions — and that's the whole point.
The Hamptons, the affluent vacation destination a couple hours outside of New York City, is no stranger to billionaires.
But over the years, one particular street has been a magnet for them.
Meadow Lane in Southampton has been dubbed "Billionaire Lane" thanks to its bevy of ultrawealthy residents. The lane runs along a narrow beachfront strip, making it an inherently exclusive stretch of land. It's made up of large lots occupied by massive mansions, from the traditional Hamptons shingle-style houses to sleek, ultra-modern homes.
In early June, I spent an hour or so driving up and down Billionaire Lane.
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Meadow Lane in the Hamptons has been dubbed "Billionaire Lane."
Katie Warren/Business Insider
The five-mile lane runs along a narrow beachfront strip in Southampton that's dotted with multimillion dollar mansions.
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I found that the homes on Meadow Lane are a mix of architectural styles.
Katie Warren/Business Insider
Others, however, are sleek and ultra-modern homes.
Katie Warren/Business Insider
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This glass-walled home, for example, is one of the newest houses built on Meadow Lane, completed just last year.
Katie Warren/Business Insider
Despite the varying styles, almost all the homes on Meadow Lane share some key features: sprawling lots, expansive square footage, privacy hedges or trees, and gated driveways.
Katie Warren/Business Insider
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Many multimillion-dollar homes were kept out of sight of prying eyes by towering hedges.
Katie Warren/Business Insider
I saw construction workers and landscapers — but very few residents.
Katie Warren/Business Insider
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Billionaire Lane is home to a half-built mansion that might be demolished, even after $19 million was spent on construction costs.
Katie Warren/Business Insider
Billionaire Lane also has a helipad that can bring financiers from Wall Street to the Hamptons in 40 minutes.
Katie Warren/Business Insider
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I caught a glimpse of an ultra-modern home that Calvin Klein recently sold to billionaire Ken Griffin — who also owns the most expensive home ever sold in the US — for a reported $84 million.