Shutterstock co-founder Jonathan Oringer has placed his modernist home in Bridgehampton for $52 million. The asking price makes it one of the most expensive listings this year on the East End.
Oringer, a 47-year-old billionaire from Scarsdale, transitioned from CEO to executive chairman of Shutterstock a year ago.
Oringer bought the home at 125 Mid-Ocean Drive soon after it was completed in 2014 for $40 million. The 10,300-square-foot home was designed by Barnes Coy Architects.
The home has eight bedrooms and nine bathrooms, including the main suite with an office and its terrace.
The central level has floor-to-ceiling glass windows facing the beach, and the back of the house opens to 1,800 square feet of terrace space and an infinity pool.
There is also a path heading to the beach and 160 feet of ocean frontage. Many of the neighboring homes are also modernist in style.