realestate

Louis CK sells Shelter Island home for $4.35M, $50K over asking

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L
ouis C.K. sold his 123‑year‑old Shelter Island estate, Primrose Cottage, for $4.35 million—$50 000 above the $4.3 million asking price. The 2‑acre Tudor‑style home, listed in early August, closed within the month. The transaction was handled by Carl Gambino and Marco Maida of the Gambino Group at Compass, though they declined to comment.

    Built in 1901, the cottage now sits on a 2‑acre parcel. The comedian bought the property in 2014 for $2.44 million and invested heavily in preservation, restoring original millwork, six fireplaces and other historic details. The 5,000‑sq‑ft cottage contains six bedrooms, five bathrooms, a chef’s kitchen with checkered floors and stainless‑steel appliances, a butler’s pantry, a sunroom with green latticework, and a grand staircase. Outdoor upgrades include a heated Gunite pool, hot tub, and a refurbished dock for multiple boats.

    Primrose Cottage’s history is rich: it served as a presidential retreat for Theodore Roosevelt and William McKinley, hosted the informal American debut of J.M. Barrie’s “Peter Pan” on the nearby Westmoreland Farm, and welcomed Babe Ruth for summer visits. The interior features exposed beams, a formal dining room, and a large upstairs bedroom with a wood‑burning fireplace and terrace access.

    The sale’s speed—just 18 days on the market—was far quicker than Shelter Island’s median 137‑day listing period, according to Realtor.com. The deal represents a substantial ROI, more than doubling his original purchase price. The 58‑year‑old comedian, now promoting his debut novel “Ingram” and the international comedy tour “Ridiculous,” has turned a historic home into a profitable venture.

Louis CK sells Shelter Island home for $4.35M, $50K over asking.