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The Baldwins Are Selling Their Hamptons House Again. This Time They’re Bringing Up Marilyn Monroe
Stony Hill Farm is back on the market for the fifth time at $18.99 million, now with a new agent, new twilight photography, and a tenuous but heavily marketed connection to Monroe and Arthur Miller.
Alec and Hilaria Baldwin’s Amagansett estate is back on the market for the fifth time — a fact that’s less a real estate listing now and more of a recurring local joke. Still, the latest attempt comes with a fresh angle. This time around, their agents, Lori Schiaffino and her team at Compass, figure a little Hollywood glamour might finally move the property. They’re playing up the area’s glitzy brush with fame—a neighborly connection to Marilyn Monroe and Arthur Miller, who reportedly spent two Hamptons summers in a cottage overlooking the grounds that are now the Baldwins’ backyard.
Let’s be honest: this story takes some squinting. Monroe and Miller didn’t actually stay in the Baldwins’ house — or even on their land. The cottage belonged to what was once the larger Stony Hill Farm before the property was carved up among new owners. Still, everyone loves a good story, and the listing leans hard on the artsy residue of the neighborhood, hoping a little Hollywood fairy dust will do what price cuts haven’t.
The estate itself? Big. Five bedrooms, 6.5 bathrooms, 8,556 square feet sprawled over five acres, plus an extra three-acre agricultural reserve tacked on for good measure. The latest asking price is $18.99 million — quite the drop from the $29 million the Baldwins went with when they first put it up in 2022. Alec picked up the place back in 1996 for $1.75 million, but the years since have played out like a slow retreat: slashed prices, multiple listings yanked, an offer accepted earlier this year only for the Baldwins to back out, and a dramatic moment last August when Alec told The New York Times the family would hang onto the place—the kids, he said, just loved it too much.
That sentimental plan didn’t stick. The house popped back up at $21 million in December, dropped twice more, then vanished again over the summer before this latest revival. Hilaria’s kept the door half-open for months, telling the Daily Mail she’d give this summer a split between Spain and the Hamptons to decide if the family really wanted to say goodbye to their Hamptons summers after all.
Outsiders aren’t exactly bullish. Jenny Lenz, from Dolly Lenz Real Estate (not involved in the sale), notes the house sits north of the highway, a spot that’s never commanded the same cachet — or price tags — as the blue-chip streets of East Hampton or Southampton. Taste-wise, she points out, high-end buyers are circling sleek new builds and crisp renos, not a 1990s farmhouse with a little age showing around the edges.
But it’s the Hamptons, so why not sell the dream? The new listing tempts would-be buyers with blueprints for a tennis court, a vineyard, stables, even an organic garden if you’re of the “grow your own” persuasion.
Really, they’re selling what this house could be, not what it is — and after four failed listings and one cold-footed reversal, that might be exactly the sales pitch the Baldwins need. If someone with deep enough pockets and a creative streak shows up, maybe the saga will finally have its Hollywood ending.
