Roy Lichtenstein’s Hamptons Estate Finally Sells
After multiple years on the market and a price cut, the long-time home of late pop artist Roy Lichtenstein finally changed hands.
An entity referred to as LBM Trust purchased the property at 50 Gin Lane in Southampton for $17 million, Behind the Hedges reported, citing Suffolk County deed records. LBM went into contract for the deal back in April and it closed in August.
The deal for the historic 5,800-square-foot carriage house breaks down to $2,931 per square foot. The estate of Roy’s late wife, philanthropist Dorothy Lichtenstein, listed the two-acre property for sale in 2024 for $20 million before reducing the asking price by $2 million.
At the time it was put on the market, it was the first time the home had been made available in more than 50 years. Dorothy died in July 2024, while Roy died in 1997.
The main structure dates back to 1987, but has undergone multiple expansions and modifications. The three-level home with five bedrooms and six bathrooms is adorned with glass walls to see out on the grounds and a dining room that opens into the yard. The outdoor space also has views of the Atlantic Ocean.
Other features include a rooftop deck and a private pathway to the beach.
Sotheby’s International Realty’s Harald Grant and Bruce Grant represented Dorothy’s estate, while Tim Davis of The Corcoran Group served as co-exclusive agent. They all declined to comment on the sale.
Roy Lichtenstein was a pivotal figure in the pop art movement, alongside contemporaries such as Andy Warhol and Jasper Johns. His most notable works include “Drowning Girl,” “Look Mickey” and “Masterpiece,” which notched a $165 million sale in 2017.
Listings fell nearly 23 percent in the Hamptons last quarter, down to roughly 970 compared to 1,260 in the same period in 2025, according to data from Miller Samuel and Streetmatrix. The drop in supply marked the third quarter of declines in a row, restraining sales across the luxury enclave. The number of transactions logged during the period fell 9 percent year-over-year.
More than 65 percent of deals fell in the $1 million to $5 million range, a continuation of a trend that began earlier this year. That shift pushed the median sale price down to less than $1.9 million, a roughly 6 percent decline from $2 million a year ago.
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