Kings Point estate hits the market for $100 Million

Joe Nikic

It’s an estate fit for a king.

An eight-acre compound in Kings Point with an unobstructed view of the Manhattan skyline was listed by Coldwell Banker Residential Brokerage for sale at $100 million.

The compound consists of over 60,000 square feet of living space and includes a palatial mansion and two additional dwellings, offering a total of 13 bedrooms and 35 full bathrooms, according to the Coldwell Banker listing.

Real estate salesperson Diane Polland, who is known for luxury estate sales including the Kings Point Estate for $39.5 million, is marketing the property through Coldwell Banker’s luxury division, Coldwell Banker Previews International.

“I am honored to represent this remarkable compound which offers more than anyone could wish for. This one-of-a-kind compound has the space and amenities for large-scale entertaining in a most breathtaking setting overlooking the Manhattan skyline,” Polland said. “This is truly a premier residence that offers the discerning buyer immense privacy less than an hour away from New York City.”

The current owners, a limited liability company whose name was not identified, purchased the property from now-deceased billionaire Tamir Sapir for $15.85 million in 2013, according to the Wall Street Journal.

Polland told the Wall Street Journal that the owners bought the property for a real estate portfolio and never moved in.

The European-style mansion was built in 1928 and is now equipped with state-of-the-art smart home technologies including audio and video control systems by Crestron Electronics and operating systems that can be maintained by a smart phone or tablet, according to release from Coldwell Banker.

Precious stones including lapis, agate, and onyx decorate the interior of the mansion which also includes amenities such as a ballroom, multiple indoor and outdoor pools, a racquet ball court, fitness and yoga studios, a wine vault, and his and her saunas, according to the release.

The two guest houses, which were designed for guest entertainment, include an indoor pool, bowling alley, gaming casino room, and shooting range.

Surrounding the property are fountains inspired by the Grand Cascade at the Peterhof Grand Palace in St. Petersburg, Russia.

The waterfront property also boasts a pier for a yacht up to 200 feet long, according to the listing.

Coldwell Banker Residential Brokerage is a leading residential real estate brokerage company, operating 14 offices with more than 700 affiliated sales associates serving the communities of Nassau, Suffolk, and Queens counties, according to its website.

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