Dick Cavett Lists Long Island Home for $62 Million

By Douglas A. McIntyre Updated Jan 12, 11:29AM EST · Published Jun 1, 5:26AM EDT

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Dick Cavett Lists Long Island Home for $62 Million — © Thinkstock

Former talk show host Dick Cavett has listed his Montauk, Long Island, home for $62 million. The town is just east of the Hamptons, home to many super-rich New Yorkers. The price is so high that even most of the super-rich cannot afford it.

The house is one of Long Island’s oldest mansions. It was designed by storied architect Stanford White and its grounds by Frederick Law Olmsted, the landscape architect who designed New York’s Central Park.

The house is 6,000 square feet large, not big by mansion standards. It has seven bedrooms and five baths. The dimension of the land and its ocean front make the house particularly valuable and are included in the listing by broker Corcoran:

Dick Cavetts Montauk, Long Island home: INCOMPARABLE OCEANFRONT This ultra-private location known for the turn of the century Montauk Association summer colony Seven Sisters, homes designed by Stanford White and Frederick Law Olmsted is the setting for this historic home on a 20 acre parcel with over 900 feet of ocean frontage in the exquisite Montauk Moorlands. One of the most extraordinary Homes in the world, it is bordered to the east by over 170 acres of oceanfront parkland with an additional 1,200 ft. of pristine coastline. A top-of-the-world site provides 360 degree views over your unmatched domain. A private path winds to your own oceanfront cove known by local cognoscenti as, Cavetts Cove, with the most private sandy beach on the East End. Incredible natural beauty in this setting and Miles and miles of equestrian trails are at your doorstep. A secluded fresh water pond offers a location on the property that screams for meditation as well as the swimming pool set away from the home down a special canopied trail boasting views of the sea. Only minutes to the regional airport, Lake Montauk marinas, world class golf and the renowned amenities of the Hamptons.

Who knows? Perhaps someone with the money to buy it will tear it down to put up something larger. It happens all the time.

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About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.