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Amagansett Today
By the People, for the People
Alec and Hilaria Baldwin's Hamptons Estate Hits the Market Again
The couple's Amagansett farmhouse has been listed and relisted multiple times over the past four years.
Mar. 28, 2026 at 10:00pm
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The Baldwins' Amagansett estate, a historic property that has been a cherished family retreat, now faces an uncertain future on the luxury real estate market.Amagansett TodayAlec and Hilaria Baldwin's 10-acre Hamptons estate in Amagansett, New York, which they purchased in 1996, has been on and off the market several times in recent years. The property, which features a historic farmhouse-style residence, was most recently listed for $19.995 million after previous asking prices as high as $29 million. The Baldwins have cited their growing family's needs and attachment to the home as reasons for the repeated listings and de-listings.
Why it matters
The Baldwin family's real estate activity in the Hamptons reflects broader trends in the luxury housing market, where high-profile properties can struggle to find buyers despite their prime locations. The home's age, location north of the Montauk Highway, and partially protected agricultural land make it a less desirable option for some deep-pocketed Hamptons buyers seeking newer, sleeker builds in the region's most coveted areas.
The details
The Baldwins purchased the historic Nathaniel Baker House estate in Amagansett for $1.75 million in 1996, when Alec was married to actress Kim Basinger. They later expanded the main house and guest cottage to over 10,000 square feet. After Alec's divorce from Basinger in 2002 and his marriage to Hilaria in 2012, the couple has listed the property multiple times, most recently in 2025 for $21 million and then reducing the price to $19.995 million in 2026. The home's age, location, and partially protected land have made it a challenging sell, despite the Baldwins' emotional attachment to the property.
- Alec Baldwin purchased the Amagansett estate in March 1996.
- The Baldwins listed the property for $29 million in November 2022.
- The listing price was reduced to $24.9 million in January 2023 and then $22.5 million in March 2023.
- The property was relisted at $18.995 million in January 2024, with the Baldwins accepting an offer that year before changing their minds.
- The Baldwins listed the estate for $21 million in late 2025, then reduced the price to $19.995 million in 2026.
The players
Alec Baldwin
An American actor who previously owned the Amagansett estate with his ex-wife Kim Basinger and now owns it with his current wife, Hilaria Baldwin.
Hilaria Baldwin
Alec Baldwin's wife, who has been involved in the process of listing and relisting the Amagansett property over the past several years.
Kim Basinger
Alec Baldwin's ex-wife, with whom he originally purchased the Amagansett estate in 1996.
Francis Fleetwood
The Hamptons architect hired by the Baldwins to enlarge and renovate the farmhouse-style residence on the property.
Joseph Greenleaf Thorp
The architect who previously put his own stamp on the property, after it was relocated from Amagansett's Main Street to its present location.
What they’re saying
“This was Alec's safe place for a long time before he met me. A place he would come during very difficult times in his life: his divorce, a custody battle, everything. So it has been a piece-by-piece process learning how to come together and create something here, which I think is normal in any relationship.”
— Hilaria Baldwin
“You just can't get this out here, you can't buy big pieces of land, especially in Amagansett.”
— Alec Baldwin
“While we are sad to leave it, we know the next owners will love it just as much as we do... it really is a piece of paradise.”
— Hilaria Baldwin
What’s next
The Baldwins will continue to monitor the real estate market and make adjustments to the listing price as needed to find a buyer for their Hamptons estate.
The takeaway
The Baldwins' ongoing struggle to sell their Amagansett property highlights the challenges even high-profile celebrities can face when trying to offload luxury real estate, especially when the home has unique characteristics that may limit its appeal to a broader pool of buyers.

