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'Smaller' Hamptons Estate Sold By Billionaire For $42.5M

Michael S. Smith, a billionaire, and Iris, his wife, sold their smaller Hamptons mansion on Surfside Drive for a reported $42.5 million, according to the New York Post.

Michael S. Smith, a billionaire, and Iris, his wife, sold their smaller Hamptons mansion on Surfside Drive for a reported $42.5 million, according to New York Post.

Michael S. Smith, a billionaire, and Iris, his wife, sold their smaller Hamptons mansion on Surfside Drive for a reported $42.5 million, according to New York Post.

Photo Credit: Google Maps

The sellers reportedly paid $110 million for an  East Hampton property in 2016, the newspaper said.

The recently sold house is located at 263 Surfside Drive in Bridgehampton, according to the article.

It has seven bedrooms, 14 baths and is 7,400 square feet, and the price was $27,500,000 when it last sold in January 2015, according to Zillow.

The buyer is a not known, said the Post.

Here's where you'll find the story in the New York Post.

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