Exclusive | Michael Bloomberg just splashed out $4M in cash for a waterfront Hamptons home for his pregnant daughter
It’s been a big week for Georgina Bloomberg — and she has so much more to come.Not only did the 41-year-old equestrian daughter of former New York City Mayor Michael Bloomberg take to Instagram late last week to share news of her near-term pregnancy, but she also just became the new owner of an East End home.Indeed, she’s the secret owner of a Hamptons waterfront residence located just minutes from her father’s palatial estate, sources told Gimme Shelter exclusively. And we hear her father is the buyer.“He wants to spend time with his grandchildren!” a source said.The May 30 beach house purchase comes as the billionaire heiress — also an animal rights activist and philanthropist — and her longtime love, finance whiz Justin Waterman, are about to become parents together for the first time.
“2 week countdown begins today.I cannot wait to meet you baby girl,” Bloomberg told her 100,000 Instagram followers.Bloomberg also shares a child, Justin — born in 2013 — with her former love Ramero Quintana, an Argentine Olympic show jumping rider.The new home is on Cold Point Road in Southampton and comes with 100 feet on the water.
It was last asking $4.29 million and went into contract quickly — closing for $4 million, according to records. It was an all-cash deal, sources said.Designed by acclaimed local architect John David Rose, the home overlooks Cold Spring Pond and Peconic Bay beach. The sale sets a new pricing benchmark for the Cold Spring Point Beach Community. There’s no pool at the house, but there is an outdoor shower — and a boat dock in the backyard.And if Bloomberg doesn’t feel like meandering over to her dad’s estate, her home has access to community tennis courts, as well as pickleball and basketball courts, along with beach access.But she can still bring the kids to see grandpa — and quite easily, too.The charming abode is just “five minutes” away from her father’s estate, which is known as Ballyshear.
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