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Roy Lichtenstein’s Southampton Estate Finally Sells for $17 Million After Two Years on the Market
The former Gin Lane residence of the legendary Pop Art pioneer, offered for the first time in more than 50 years, has found a buyer following a $3 million price reduction.
In the Hamptons, you’re used to seeing homes with killer ocean views and old-money backstories. But every so often, you stumble across a place with bona fide art-world significance. Roy Lichtenstein’s longtime Southampton retreat, which was once the cradle of some of Pop Art’s punchiest works, has finally found a new owner, and at $17 million, it’s not your everyday trophy buy.
You’ll find the place at 50 Gin Lane, arguably the beating heart of Southampton’s power address scene. According to Suffolk County deed records, it now belongs to a mysterious entity called LBM Trust. The deal took its time: a contract inked back in April, closing in August. For all the history bundled inside those walls, though, the market reality bit: the final sale price came in $3 million south of the original $20 million ask when the house hit the market earlier this year.
Not like any other Hamptons Listing
It works out to a little under $3,000 a square foot for about 5,800 square feet of real estate, with six bathrooms in five bedrooms, plus plenty of glass to melt the inside into that wild ocean grass-and-sky view. This was never just another Hamptons listing.
Roy and Dorothy Lichtenstein made this place home for over 50 years. Dorothy practically dedicated her life to Roy’s legacy after he died back in ’97. When she passed away last July, the house came to market for the first time in half a century.
There’s history baked into the home’s vibe. Built in ’87 as a carriage house, it’s been tweaked, expanded, and modernized, showcasing open living spaces, a dining room that drifts right onto the yard, and a rooftop deck made for soaking up those flawless Hamptons sunsets. There’s a hidden path straight to the water, a not-so-small perk on Gin Lane, where privacy and coastline are the real estate holy grail.
But selling this home closed the book on more than just an address; it’s the end of a chapter for one of America’s most instantly recognizable artists. Lichtenstein is the guy who took lowbrow comics and advertising and blew them up into fine art. Think of him as Pop Art royalty, trading blows with Warhol and Johns. You’ve probably seen “Drowning Girl” or “Look Mickey” even if you never set foot in a gallery. “Masterpiece,” his satirical meta-commentary on the whole art-star circus, fetched $165 million not so long ago—a testament to just how deep his influence runs.
Harald Grant and Bruce Grant at Sotheby’s International Realty handled the listing for Dorothy’s estate, teamed with Tim Davis at The Corcoran Group.
Supply’s tight, as Miller Samuel and StreetMatrix numbers show listings plummeted 23 percent over the past year, and deals dropped 9 percent. Most of what’s actually moving is in the $1 to $5 million tier. That’s dragged the median way down (around $1.9 million, or 6 percent lower), while anything above that feels rarer by the week.
The Lichtenstein house stands apart as a $17 million deal with both a Gin Lane address and a dense tangle of cultural legacy. Call it a home, or call it an artifact of an artist who changed what American art could be. In the Hamptons, plenty of houses get sold. Very few pass along a legacy.
Read our Spark Hamptons story on Lichenstein’s house when it went into contract: https://sparkhamptons.com/2026/05/17/the-last-great-pop-art-house-in-the-hamptons-just-went-into-contract/hamptons
