Rick and Kathy Hilton look to sell Hamptons home for $14.95M

Real Estate

By Mary K. Jacob

The glitz and glamour of Paris Hilton’s world are hitting the real estate market, and it comes with a hefty price tag.

Nestled in the exclusive enclave of Southampton, New York, a lavish estate that has been a sanctuary for the Hilton family is now up for grabs for $14.95 million, according to the Wall Street Journal.

Owned by Paris’s parents, Rick and Kathy Hilton, this sprawling abode holds a special place in the family’s heart.

Rick, the scion of the Hilton Hotel empire founded by Conrad Hilton, and Kathy, a familiar face on reality TV’s “The Real Housewives of Beverly Hills,” acquired the property in 1999 for $2.38 million.

Measuring a jaw-dropping 10,500 square feet with six bedrooms, this opulent residence, according to the Corcoran Group, promises the epitome of luxury living.

Memories of family gatherings and holidays have been woven into its fabric, including the fateful Thanksgiving in 2019 when Paris crossed paths with her now-husband, Carter Reum.

“The layout is perfect for comfortable living and entertaining, and we have countless happy memories there,” Rick Hilton told the Journal.

However, with the family’s relocation to Los Angeles in the 2000s, the Hamptons retreat has seen less of their presence, occasionally being offered for rent at a hefty six-figure price tag.

Situated on a sprawling 2.7-acre plot within a gated community, this 1990s-built residence boasts three woodburning fireplaces, high ceilings and timeless shingle-style architecture.

Updates in 2018 brought modernity to its kitchen, bathrooms and primary suite, the listing notes.

The grounds play host to a lagoon-style gunite swimming pool, an outdoor dining pavilion and numerous terraces for soaking in the sun.

Plus, the home offers deeded access to Fowlers Beach less than a mile away.

Jared Seligman of Corcoran holds the listing, but declined to comment on the listing.

The Southampton real estate market continues its upward trajectory, with median prices soaring to $1.61 million in the fourth quarter of 2023, according to Douglas Elliman.