Welcome to the $29 million Hamptons home where Leonardo DiCaprio spent the weekend with seven of his pals.
The property, at 219 Sagg Main St., was developed by Kristen Farrell & Co. in prime Sagaponack.
DiCaprio and crew inquired about the home on a Saturday morning, arrived Saturday afternoon and vacated the property on Monday — leaving it in pristine condition.
The lease was signed by a mystery woman from India, sources tell Gimme Shelter exclusively.
“They came in for Michael Rubin’s white party,” a source said — adding that although DiCaprio, 48, and Gigi Hadid, 28, spent time together on the East End, Hadid did not stay at the house or attend Rubin’s star-studded Fourth of July soirée.
DiCaprio’s entourage wanted to have more people stay there, but they abided by the house rules: no more than eight people, and no “full staff” attending to their needs, our spies added.
The home is developer Kristen Farrell’s first solo project following her March 2022 divorce from celebrity builder Joe Farrell. She bought the home out of foreclosure for $12 million last June and spent the next year gut-renovating, “completing and re-imagining” it. She then put it on the market for $28.95 million this June.
Hamptons star builder Michael Davis custom built the home in 2010 for a family, but it was never completed: There was no pool house or finished basement. Still, as soon as she saw it, Farrell said she knew the property had “amazing bones.”
The property, which sits on 3 acres, features a 15,454-square-foot, nine-bedroom main house, plus a pool house, a pool, a tennis court, a screening room, a home gym, a spa and two barns dating back to the early 1900s.
For now, the first barn comes with two full baths and a kitchenette with a main living space and a cathedral ceiling, while the back barn is “open for interpretation — an art studio, vintage car barn, man cave, it is ready to go with someone’s end game in mind,” Farrell said.
“This is my first solo project and I’m really proud. It was a full renovation of an existing property that I bought out of foreclosure, which doesn’t often happen in Sagaponack. I knew as soon as I saw it that it was a really special compound. You can’t get this kind of square footage in Sagaponack anymore. But I had to reinvent it and redesign it for how we live today.”
It’s no longer possible to build a house that big. Today, Farrell says, a new home on 3 acres in Sagaponack could max out at 8,000 square feet above ground.
“If you want to build big, you have to build down,” said Farrell, who partnered with Sub-Zero, Wolf, Technogym, Teak + Table and Restoration Hardware for the house.
Before DiCaprio and his friends stayed there, Farrell held a party for 300 people at the residence. The party included a curated art collection by Farrell’s son, Joey, a senior at Parsons.
The listing broker is Christopher Covert of the Modlin Group.