Tory Burch Buys A New Home In Southhampton And Selling The Old Home In Southhampton For 17 Million

Fashion designer Tory Burch is selling her house in Southampton, N.Y., for $17.9 million, after agreeing to buy another home nearby. The 1980 oceanfront contemporary home on the market sits on 4.5 acres and measures 6,000 square feet. It has six bedrooms, eight bathrooms, a pool and 200 feet of ocean frontage. Tory Burch bought the property from her ex-husband, venture capitalist Chris Burch, for $22.5 million in July 2008, records show. Southampton officials then approved Tory Burch’s plans to tear down the home and replace it with a 7,100-square-foot, seven bedroom beach house. The property is being offered with the approved plans for a new house. In October, Tory Burch went into contract to buy a 25-room Georgian house in Southampton’s estate section.

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