Reality TV personality and top-tier real estate broker Josh Flagg has made a notable addition to his real estate holdings by acquiring a high-end residence in one of the Hamptons' most sought-after neighborhoods.
The star of Bravo's Million Dollar Listing Los Angeles partnered with his childhood friend Justin Gruenberg to close on a modern, newly constructed home in East Hampton's prestigious Georgica Estates section. Initial reports from sources like TMZ indicated the property entered escrow at nearly $10 million, with the original listing price reaching as high as $10.85 million before adjustments brought it down to around $9.15 million. The final purchase price settled at approximately $8.6 million, marking a strategic buy in a competitive luxury market.
This 2024-built spec home spans over 6,800 square feet of indoor and outdoor living space across three levels. It boasts six bedrooms and six full bathrooms, offering ample room for entertaining and relaxation. Standout amenities include dual kitchens (ideal for large gatherings or staff-assisted events), high-end appliances from brands like Wolf and Sub-Zero, elegant marble finishes, a saltwater pool, a marble sun deck, and an impressive 15-foot outdoor grill setup. The half-acre parcel provides privacy and proximity to the area's renowned beaches and lifestyle offerings.
The property was sold fully furnished, allowing for immediate enjoyment, but Flagg has already begun renovations to personalize the space. He shared glimpses of the ongoing construction work on social media, giving fans a behind-the-scenes look at his vision for the East Coast retreat. Flagg's decision to invest in the Hamptons aligns with his increasing time spent on the East Coast. He recently celebrated his birthday in the area and has been vocal about expanding his presence beyond his longtime base in Beverly Hills. Through ventures like Flagg Family Capital, he continues to build a diverse portfolio that blends personal residences with investment opportunities.
Known for his sharp deal-making on television and in practice, Flagg moved swiftly on this purchase—reportedly signing the contract within a week of touring the home. The Georgica Estates location, part of East Hampton Village, remains one of the most exclusive enclaves in the Hamptons, attracting high-profile buyers who value both privacy and prestige.
This acquisition underscores the enduring draw of the Hamptons as a premier destination for luxury real estate, where even seasoned professionals like Flagg see strong value in prime properties. As bicoastal living becomes more common among elite buyers, moves like this highlight how the market continues to evolve with demand for turnkey, high-spec homes in iconic locations.
