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The final United States mansion owned by Turkish American music executive Ahmet Ertegun and his wife Mica Ertegun has sold for $29 million.
The beachfront property sits in Southampton in New York State. Turkish business outlets reported that the sales contract was signed in June and the transaction concluded shortly after.
The house entered the market with a much higher asking price. Reports show the price dropped from $59 million to $34 million in early 2025. The final sale came in $5 million below that reduced figure.
Sotheby’s International Realty handled the transaction. The buyer’s identity has not been disclosed. Tim Davis represented the buyers. He described the residence as a home that belonged to “extraordinary successful people who hosted unforgettable parties and gatherings,” as reported by Patronlar Dunyasi.
The sale marks the last US residential property linked to the Ertegun couple. Their historic New York home sold in October for $9.3 million. That revenue went to their charitable foundation.
The mansion was built in 1990 for Ahmet and Mica Ertegun and renowned architect Jaquelin T. Robertson designed the residence.
The property covers 11,000 square meters and looks onto a former nature reserve once owned by the DuPont family. The estate faces the ocean and offers sunset views.
The house includes 10 bedrooms and 14 bathrooms. Reports describe high-ceilinged rooms and large open spaces. Sources state the property remained in excellent condition.
Ahmet Ertegun co-founded Atlantic Records and became one of the most influential figures in global music. He played a major role in shaping the careers of Ray Charles, Aretha Franklin, the Rolling Stones, and Led Zeppelin.
Over decades, the Southampton home became a social center for prominent cultural and political figures. Guests included Jacqueline Kennedy Onassis, Andy Warhol, Mick Jagger, and Henry Kissinger.
Tim Davis said the buyers saw the home as a perfect choice for their family and a new beginning. He stated that the deal closed within weeks after agreement.
Mica Ertegun built an international reputation as an interior designer and style icon. She co-founded the design firm MAC II in 1967. Her clients included Keith Richards, Henry Kissinger, Bill Blass, and Saks Fifth Avenue. She later entered the International Best Dressed List Hall of Fame.
The couple also gained recognition for philanthropy. They funded Turkish Studies chairs at Georgetown and Princeton universities. In 2012, Mica Ertegun donated to Oxford University to establish the Ertegun Graduate Scholarship Program in the Humanities. The program provides permanent annual scholarships to 25 students.
They also supported the restoration of the Holy Sepulchre Edicule in Jerusalem and contributed to Jazz at Lincoln Center in Manhattan, where the Ahmet and Mica Ertegun Atrium opened in 2015.
Mica Ertegun died in December 2023 at age 97. Ahmet Ertegun died in December 2006 at age 83.
In late 2024, the Ertegun art and jewelry collections went to auction. Christie’s sold more than 600 items for $196.1 million. A large portion of the revenue was designated for charitable causes.
Notable sales included a Picasso painting sold for $567,000 and a Cartier Art Deco brooch that reached $1.4 million after intense bidding. Other reports from earlier auctions showed works by Magritte, Hockney, and Helion achieving record prices.
Earlier statements from Mica Ertegun indicated that their Bodrum home in Türkiye would not be sold. She previously rejected high offers for the property, stating it carried Ahmet Ertegun’s memory.
The Southampton sale now closes the chapter on the Ertegun couple’s U.S. residential legacy, while their cultural and philanthropic footprint continues through institutions and foundations they supported.
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