Actor Alec Baldwin and his wife, Hilaria Baldwin, have once again pulled their longtime Hamptons property off the market—just weeks after trimming $1 million off its asking price and revealing they would be spending the summer in Spain.
The Baldwins have spent years trying to offload their sprawling Amagansett, NY, estate, a struggle that began back in September 2022, when they first listed the property with an ambitious $29 million asking price.
Over the following 16 months, they repeatedly lowered that ask in hopes of attracting a buyer, eventually cutting it to $18.99 million by January 2024.
Despite the reductions, the estate failed to find a new owner. Alec, 68, even released a personal video tour highlighting the home’s standout features while reflecting on the many family memories created there, but the marketing push still wasn’t enough to seal a deal.
By October 2024, the property had been delisted altogether, fueling speculation that Alec and Hilaria, 42, had abandoned plans to sell the five-bedroom dwelling.
That idea seemed to be confirmed the following year when the couple—who share seven children—admitted they had struggled to let go of the home. Speaking to The New York Times in August 2025, Alec explained that their children had become deeply attached to the estate.
“We keep coming back here because the kids are very happy,” he said. “They love it here. When I go up to the kids and go, ‘Want to sell the house?’, they go crazy. It’s a kid’s home that I never want to leave.”
Yet only a few months later, the family reversed course once again, relisting the Hamptons retreat with updated listing photos and a reduced $21 million price tag.
Now, however, the saga appears to have taken another turn. Realtor.com® can exclusively reveal that the property has once again been taken off the market, indicating that the Baldwins may have yet again shelved their plans to sell—for the time being.
The listing removal comes just one week after Hilaria revealed the family was planning to spend at least part of their summers in Spain with their children moving forward—although, interestingly, she noted that they would be traveling back and forth between the European country and their Hamptons manse.
“I hope that we can spend more time there and… with my family, and so we’ll see. This is like we’re testing the waters and seeing what that would be like, of summers there rather than the Hamptons,” the mom of seven told the Daily Mail.
“I’m bringing my kids to go be with my family for the month of July in Mallorca. So I’m super excited. So that’s kind of how I envision the summers going forward,” she said.
“I’m going to spend half with my family [in Spain] and then I’ll go back to the Hamptons,” she added.
It’s unclear whether these summer plans contributed to the couple’s decision to take their Amagansett home off the market as they continue to use it as a weekend and vacation retreat.
The mother of seven and former “Dancing With the Stars” contestant previously gushed about her favorite features of the property on her Instagram, revealing that its proximity to the beach, the privacy, the size of the parcel, and the many memories that she and her family have made there have made it a hotspot.
She noted in her video that, while the family no longer has a need for their Hamptons home, they will be devastated to leave it behind, especially her children who have spent much of their lives retreating to the property for the summer.
“We spend the summers in our pool. We go down to the beach which is really close to where we are. The kids go to camp there. … It is such an amazing, beautiful place,” she continued.
She then shared the details of their listing agent, Scott Bradley with Saunders & Associates, before urging her followers to scroll through the images of the property included in her post—while noting that the link to the listing has been added to her bio.
“Our family is going to go off on a new adventure, which means we are selling our Hamptons home,” she wrote in the accompanying caption. “It’s bittersweet because we have made so many amazing memories there, and we are excited for our next chapter! While we are sad to leave it, we know the next owners will love it just as much as we do … so I wanted to share it here … it really is a piece of paradise.
“Link in my bio and you can contact Scott Bradley at Saunders & Associates with any questions.”
On paper, the couple’s five-bedroom abode appears to offer everything someone might be looking for in an idyllic Hamptons escape, including ample space on the parcel for expansion, including the addition of a tennis court and a guesthouse, as well as an area that has been earmarked as a potential spot for an equestrian stable.
According to the previous listing, plans for an extension to the primary residence have also been drawn up, which would add “two more bedrooms, plus a formal dining room, sunroom, and a large screened-in porch.”
The property already comes complete with a huge eat-in kitchen, a private wood-paneled library, a movie theater, and a wine tasting room, as well as outdoor entertaining spaces, including a pool and a pavilion with a fireplace.
In its most recent listing, it was also made clear that there is ample opportunity for expansion across the land, with a feature photo depicting an overhead, outlined view of the property, with suggested uses for various segments printed in white lettering.
They include “Proposed tennis court,” “Proposed 1,500 square foot guest house,” and “Agricultural Reserve area … for proposed private vineyard, equestrian stable or organic garden.”
It’s a far cry from most listings, which usually lead with a dazzling glamour shot of the mansion.
“The existing five-bedroom modern farmhouse home has architectural plans for expansion with two more bedrooms, plus a formal dining room, sunroom, and large screened-in porch,” the description added. Approval has already been obtained for an upgraded septic tank for up to 10 bedrooms.
“Moreover, the opportunity to build a new, equally impressive guest house in Amagansett is unheard of in the Hamptons,” noted the listing, which also elaborates on the rare Hamptons opportunity to build a tennis court.
Real estate pundits and fans alike have been speculating for years about why the property hasn’t attracted a suitable buyer. Some have noted that the couple’s divisive nature, as highlighted in their short-lived TLC reality TV show, self-titled “The Baldwins,” may not have done the mansion any favors.
And of course, Alec’s own legal battles, stemming from manslaughter charges involving a fatal shooting on the set of the movie “Rust,” probably didn’t help the sale, even though those charges were dismissed in 2024.
But that was then and this is now, and when it comes to Hollywood scandals, the public has a short memory. The “ick factor,” as one agent previously put it, that once surrounded the home seems to have faded, and it seems that potential buyers are now more focused on the property’s virtues—or lack thereof.
The spacious, cedar-shingled modern farmhouse has been marketed as “simply unparalleled,” with five bedrooms, eight bathrooms, and abundant natural lighting. Other notable features include an eat-in kitchen, a dining room, a home theater, a wine room, and a wood-paneled library.
Outside, a fieldstone fireplace, gunite pool and spa, and a fenced vegetable garden are also attractive assets.
In addition, there are more than 1,200 square feet of covered porches and two upper-level balconies, which overlook the reserve to the south.
The “access to world-famous ocean beaches and Village living” is also a huge selling point.
But there are still a few drawbacks, according to some real estate experts who are familiar with the property.
“It’s not surprising that this property hasn’t sold yet, given the challenges it faces,” Jenny Lenz, managing director of Dolly Lenz Real Estate, previously told Realtor.com.
“Firstly, the location is not considered prime for most buyers. While Amagansett is trendy and idyllic, this property is north of the highway and off the beaten path, yet it’s priced as if it’s on a prime street in East Hampton or Southampton,” she added.
The generous acreage of the property and its uses may also be a drawback for some buyers.
While the house sits on an 8-acre parcel, “3.2 acres is reserved for agricultural use exclusively,” Jonathan Yarton, a New York-based agent from “Selling the Hamptons” on HBO Max, told Realtor.com in March.
He also warned that the expansive acreage isn’t exactly a perk from everyone’s point of view.
However, Diana Rafailova Schwartz, a licensed real estate broker and the founder of Aleph Realty, who represents high-end residential and commercial properties across New York City, the Hamptons, Miami, and Palm Beach, was more optimistic about the potential in the home.
Rafailova Schwartz believed that the right buyer is someone who will enjoy the estate’s family assets, flexibility, and eventually, profit potential.
When they aren’t in Spain or the Hamptons, the Baldwins are making do in a sprawling Greenwich Village penthouse they bought in 2011, which they gradually added adjacent units to. It now measures roughly 4,100 square feet and has four bedrooms, 4.5 baths, and plenty of outdoor space.
There are reports, however, that they are trying to sell their penthouse compound privately, and once their two New York properties are in the rearview mirror, they’d like to head to California for a fresh start.
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