At the start of his 150-year prison sentence, infamous Ponzi scheme architect Bernie Madoff was ordered to sell his 3,000-square-foot Hamptons beach house.
The bungalow sold to its original developers for less than $10 million in 2009, the year Madoff — who died Wednesday at a secure federal medical center in Butner, North Carolina — was sentenced. The sale partially helped to repay swindled investors in Madoff’s $65 billion scam.
The three-bedroom, 3 ½-bathroom home has not changed hands since the forced sale, but it has been on and off the market for three years.
It first listed for sale at $21 million in 2018 and was most recently re-listed for $17.9 million in January 2021, according to Realtor.com.
The private, gated home has 180 feet of oceanfront and sits on 1 ½ acres. The house has expansive views of the Atlantic Ocean and was fully renovated in 2011 by architect Thierry Despont.
Inside, the two-story great room has French doors and wide windows stacked on top of each other, reaching up to the barrel-vaulted ceiling. A stone fireplace towers almost to the ceiling, where a modern, branching chandelier looks over the room.
The eat-in kitchen with hardwood floors is a modest, clean white with glass-faced cabinets.
The master suite has a private deck, a separate balcony with an outdoor shower, dual walk-in closets and a spa-like bathroom.
Outside, the home has a new gunite pool, a cabana with a gym and a wraparound porch with sun windows in its covered, shingled roof.
Madoff bought the Montauk home for $250,000 in 1980, The Post previously reported.
Broker Chris Coleman of Compass has the listing.
