Francis York

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Montauk Founder’s East End Estate

This property is on the market for $7,200,000, listed with Daniel Gale Sotheby’s Realty. 

The timeless residence was built in the 1920s by Carl G. Fisher, “Mr. Miami”, a visionary entrepreneur known for transforming swampland into the Miami Beach strip we know today, creating the American Riviera—and making millions. 

The multi-passionate businessman is also known for revolutionizing the design of headlights in early cars, was involved in building the country’s first coast-to-coast highway, and created the Indianapolis Motor Speedway and the Indy 500.

“Crazy Carl Fisher” bought 10,000 acres of Montauk peninsula in 1925 for $2.5M, and spent another $7M laying the infrastructure and building 30 homes to create the “most fabulous summer resort ever imagined in the western world”, the “Miami Beach of the North”. 

At a time when a Gatsby-level of decadence was all the rage, Fisher built the ultimate gentlemen’s playground, with a hotel, golf course, tennis complex, polo club, marina, etc. Unfortunately after the Wall Street crash of ‘29, his legacy in Montauk was one of failure. 

Montauk wasn’t developed again until the ‘70s, and has slowly been built back into Fisher’s dream with a reputation today as one of the most exclusive places to be in the Hamptons. 

Set on 7.6 acres with exceptional views, this timeless mansion was built for Carl G. Fisher has his private home in Montauk. 

Neighbouring 100 acres of protected land, the East End home offers 8000 square feet of interior space with 11 ensuite bedrooms and large, comfortable spaces for gathering with several grand fireplaces, as well as a large country kitchen. 

A perfect summer playground, the estate comes with a guest house, swimming pool, and tennis court.

All photos belong to the listing agency.