Rich and Powerful People Who Live on ‘Billionaire Lane’ in the Hamptons

Business Insider – Owning a big apartment in New York City is great, but having a mansion in the Hamptons is a privilege only the 1% of the 1% can enjoy.

And there may be no more exclusive place to own an East End home than Southampton’s Meadow Lane, which Forbes once dubbed “billionaire lane.”

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Not only do Meadow Lane residents have access to a long stretch of private beach, but the median sale price of a home there was just under $18 million in 2012, according to PropertyShark, making it one of the most expensive streets in the US.

The five-mile road even has a helipad to whisk its famous residents off to Manhattan.

They also live within easy access of the Southampton Heliport, useful to anyone who travels from Manhattan to the Hamptons by helicopter.

Bing Maps

Source: Forbes

In mid-2014, the Hamptons home where Diane Keaton and Jack Nicholson holed up in “Something’s Gotta Give” sold for $41 million to hotel mogul Jimmy Tisch of Loews Corp. The 8,000-square-foot mansion has 11 bedrooms.

Bing Maps and Sean Gallup/Getty Images

Another property on Meadow Lane, a 3.5-acre estate owned by “electric dance music king” Robert Sillerman, sold for $37.5 million a few months later.

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