Your tip

Matt Lauer Buys $3.5 Property To Turn Into Horse Ranch

//matt lauer hamptons property

Apr. 29 2012, Published 2:25 p.m. ET

Link to FacebookShare to XShare to Email

By Staff

Matt Lauer is parting with some of his new Today contract money - reportedly $25 million a year -- by purchasing 40 acres of vacant land in the Hamptons.  He plans to turn it into a horse farm for his wife Annette and their three children.

"It’s magnificent,” listing broker Enzo Morabito told The New York Daily News.

The property, with ocean views, is in pricey Water Mill. It was listed at $3,999,999 and Lauer paid closer to $3.5 million.

Article continues below advertisement

The Lauers intend to transform the former nursery into a full-fledged horse haven with an indoor arena, paddocks and barns, Morabito revealed.

"The beauty of the place is that if you’re into riding, you can duck into those woods and enter a world that no one knows,” said Morabito. "You can literally go and go and go.”

The property is just a few minutes from the Lauers $15 million estate.


Breaking News

Jennifer Aniston Sells Her NYC Love Nest – Loses $500,000!

Glee Star Kevin McHale Buys $1M Hollywood Hills Home: Take A Peek Inside!

Expectant Mom Tori Spelling Selling Her Beach House: Take A Peek Inside!

Lauren Conrad Swaps Hollywood For Beverly Hills With New Condo: Take A Peek Inside!



Opt-out of personalized ads

© Copyright 2024 RADAR ONLINE™️. A DIVISION OF MYSTIFY ENTERTAINMENT NETWORK INC. RADAR ONLINE is a registered trademark. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Service, Privacy Policy and Cookies Policy. People may receive compensation for some links to products and services. Offers may be subject to change without notice.