The Michael Rubin Hamptons house is an 8,000-square-foot oceanfront estate at 187 Dune Road in Bridgehampton, purchased for $50.15 million in December 2020. This seven-bedroom contemporary mansion features views of both the Atlantic Ocean and Mecox Bay, rebuilt after a 2014 fire.
The $50 Million Dune Road Acquisition
The Fanatics CEO acquired the property through an off-market transaction in December 2020 for $50.15 million, making it one of the most expensive Hamptons sales that year. The deal closed quietly, with Hedgerow Exclusive Properties representing the buyer.
Rubin purchased the estate from developer Ziel Feldman, founder of HFZ Capital Group. The transaction came during a period when Rubin was building his luxury real estate portfolio, having paid over $40 million for a Manhattan penthouse at 160 Leroy Street in 2018.
The Michael Rubin Hamptons house sits at one of Bridgehampton’s most desirable addresses. The property is located on the ocean side of a mile-long road ending at Scott Cameron Beach, with additional views of Mecox Bay.
Key Transaction Details:
| Property Detail | Information |
|---|---|
| Purchase Price | $50.15 million |
| Closing Date | December 10, 2020 |
| Buyer Representative | Hedgerow Exclusive Properties |
| Seller Representative | Douglas Elliman (Erica Grossman) |
| Transaction Type | Off-market |
Property Specifications and Architecture
The estate spans 8,000 square feet with seven bedrooms and four bathrooms, designed with a sleek, modern aesthetic featuring open spaces filled with natural light.
The current structure replaced an earlier home destroyed in a 2014 fire. Following the fire, Feldman rebuilt the property with French limestone and custom-designed windows and doors, transforming it from its original shingle style to a contemporary white exterior.
The home’s construction emphasizes premium materials and craftsmanship. Earlier listings described the use of quarried French limestone for the base, walnut paneling throughout interior walls, and oversized mahogany-framed glass sliding walls on the beach side that open completely.
County records indicate the property was built in 2016 and encompasses 8,180 square feet on approximately 1.54 acres.
Architectural Features:
- Contemporary white modern exterior design
- Floor-to-ceiling glass walls facing the ocean
- Custom French limestone foundation
- Premium walnut and mahogany interior finishes
- Seamless indoor-outdoor flow
Location and Neighborhood Context
Bridgehampton represents one of the Hamptons’ most exclusive areas. The Dune Road corridor attracts high-net-worth individuals seeking oceanfront privacy and proximity to both the Atlantic and Mecox Bay.
The sale ranked as the third most expensive Hamptons transaction in 2020, following properties at 650 Meadow Lane in Southampton ($84 million) and 12-15 West Dune Lane in East Hampton ($67 million).
The neighborhood includes other celebrity-owned estates. The area’s appeal stems from direct beach access, water views on both sides, and distance from the more crowded Southampton village center, while maintaining easy access to Hamptons amenities.
Property tax records show the assessed value at $23.47 million with annual taxes of approximately $93,932.
The Famous White Party Phenomenon
The Michael Rubin Hamptons house gained national attention as the venue for his annual July 4th White Party. The event attracts hundreds of A-list celebrities, featuring massive fireworks displays over the Atlantic Ocean launched from an offshore barge and performances by artists like Lil Wayne and Mary J. Blige.
The 2023 celebration drew approximately 350 guests, including Jay-Z, Beyoncé, Jennifer Lopez, Ben Affleck, Tom Brady, Leonardo DiCaprio, Kim Kardashian, and Kevin Hart, with performances by Usher, Ne-Yo, and Jack Harlow.
The parties require extensive logistics. Cars line Jobs Lane and Mecox Road throughout the day and night. The all-white dress code has become iconic, with attendees sharing photos across social media platforms.
Rubin positions these gatherings as opportunities to bring together people from sports, entertainment, and business. The events have become fixtures on the Hamptons social calendar, drawing coverage from major media outlets.
White Party Highlights:
- Annual July 4th celebration
- 300+ celebrity guests
- Live performances by major artists
- Offshore fireworks displays
- All-white dress code requirement
- Gourmet catering, including Brooklyn’s Lucali pizza
Property History and Background
The 187 Dune Road site has a complex history. The original property last traded in 2000 for $4.35 million before a 2014 fire resulted in arson charges against former real estate agent David Osiecki.
Following the fire, Feldman completely rebuilt the structure. The property was initially listed in 2011 for $34 million but failed to sell at that price point. The rebuilt home reflected contemporary design trends rather than the traditional Hamptons shingle style.
The Michael Rubin Hamptons house transaction occurred during difficult times for Feldman’s development company, which faced multiple lawsuits over alleged unpaid bills and defaulted loans on Manhattan condo projects.
Luxury Amenities and Outdoor Spaces
The estate maximizes its oceanfront position with extensive outdoor features. A swimming pool anchors the entertainment areas, complemented by multiple deck levels for dining and relaxation.
The property provides direct beach access and unobstructed ocean views. The positioning between the Atlantic and Mecox Bay creates unique sunset vistas, particularly valuable for the large-scale entertaining Rubin hosts.
Indoor amenities support the home’s party-ready functionality, though specific interior details remain private. The open floor plan accommodates large gatherings while maintaining intimate spaces for everyday living.
Outdoor Features:
- Swimming pool with ocean views
- Multiple entertainment decks
- Direct Atlantic Ocean beach access
- Mecox Bay water views
- Expansive lawn areas
- Private dune access
Hamptons Real Estate Market Context
The Michael Rubin Hamptons house purchase reflected strong demand in the luxury Hamptons market. The $50 million price point positioned it among the area’s most significant transactions.
Douglas Elliman reported the average luxury home sales price in the Hamptons for Q3 2020 was $7.7 million, up from $5.2 million the previous year.
Bridgehampton particularly appeals to buyers seeking newer construction with modern amenities rather than traditional estate properties. The Dune Road location commands premium pricing due to dual water views and beach access.
Off-market transactions remain common at ultra-high price points, allowing buyers and sellers to maintain privacy while avoiding public listing processes. This approach often facilitates faster closings and fewer complications.
Michael Rubin’s Real Estate Portfolio
Beyond the Bridgehampton estate, Rubin maintains properties across multiple markets. His real estate strategy focuses on trophy properties in prime locations.
The Fanatics founder’s holdings demonstrate a preference for contemporary design and locations that support both business activities and lifestyle preferences. His properties serve dual purposes as private residences and venues for entertaining business contacts and celebrities.
Rubin’s approach to real estate mirrors his business philosophy—acquiring high-value assets in strategic locations with potential for appreciation and utility.
FAQs
How much did Michael Rubin pay for his Hamptons house?
Michael Rubin paid $50.15 million for the Bridgehampton oceanfront estate in December 2020 through an off-market transaction.
Where exactly is Michael Rubin’s Hamptons house located?
The property sits at 187 Dune Road in Bridgehampton, positioned between the Atlantic Ocean and Mecox Bay.
How big is Michael Rubin’s Hamptons mansion?
The contemporary home spans 8,000 square feet with seven bedrooms and four bathrooms on approximately 1.5 acres.
What celebrities attend Michael Rubin’s White Party?
Past attendees include Jay-Z, Beyoncé, Tom Brady, Leonardo DiCaprio, Kim Kardashian, and hundreds of other A-list celebrities.
When was Michael Rubin’s Hamptons house built?
The current structure was rebuilt in 2016 following a 2014 fire that destroyed the previous home on the property.
