Josh Flagg Expands Empire with $10M Hamptons Purchase
Jordan Collins here. I guess I can simplify this for you. Real estate star Josh Flagg is officially in escrow on a nearly $10 million estate in East Hampton’s ultra-exclusive Georgica Estates, TMZ confirms.
If you somehow missed the memo, Flagg isn’t just cruising the West Coast market—he is staking his claim on the East Coast as well. Sources close to the deal tell TMZ that Flagg and childhood friend Justin Gruenberg quietly put the property under contract earlier this week. This move marks Flagg’s second major foray into Hamptons territory this year as he continues to build what insiders are calling a transcontinental real estate empire.
For context you probably should already know, Flagg already owns two homes in Beverly Hills. One of those was originally listed by pop star Charlie Puth for $11 million. He also maintains a portfolio in Miami and an Upper East Side condo in New York City. Not content to manage only his own assets, Flagg recently brokered a sale of a luxury retail space in Manhattan for his parents, Michael and Cindy Flagg of Flagg Family Capital, showing he’s rapidly taking over the family business as well.
The Hamptons property features six bedrooms, six full baths, and over 6,800 square feet of combined indoor and outdoor living space. It is outfitted with high-end Wolf and Sub-Zero kitchen appliances. The airy great room opens through 38-foot accordion doors onto a covered porch exceeding 700 square feet, complete with an outdoor fireplace and a built-in barbecue station. If you were wondering about the alfresco amenities, an in-ground heated pool with an in-pool sundeck sits alongside a built-in spa, all backed by a pool house with a private outdoor shower and attached two-car garage.
Although we reached out to both Flagg and Gruenberg for comment, as of press time neither has responded to TMZ’s inquiries. Public records in East Hampton indicate the deal went into escrow on August 1. Closing is expected later this fall, pending standard inspections and deluge of paperwork you probably don’t care about.
At this rate, Josh Flagg is on track to own prime real estate coast to coast. Whether you’re analyzing market trends or simply curious why he needs one more mansion, the takeaway is clear: Flagg’s name has become synonymous with high-stakes property deals from Los Angeles to the Hamptons.
Glad I could clear that up for you.
Sources: Celebrity Storm and TMZ
Attribution: Creative Commons Licensed
