In the late 1990’s Ira Rennert, founder of the Renco Group decided to begin construction for his dream home located in Sagaponack, NY. More than two decades later, the home dubbed Four Fairfield Pond, named after the adjoining body of water on the property, is one of the most expensive homes on the planet at $248.5 million.
Of course, with a net worth of more than $4 billion, the sky is the limit for the business mogul, but the home has been the topic of discussion, both irritation from nearby Southampton neighbors and awe by fans of luxury homes.
Take a sneak peek inside the mega-mansion and find out how Rennert was able to build a home that would double in worth over the years and feature amenities others only dream about.
The mansion features a 164-seat theatre with a stage large enough to put on a Broadway production.
The dining room is an expansive 91 feet according to Veranda and can seat up to 105 people.
Systems within the home include a 5,000-gallon drinking water tank and another 8,000-gallon tank.
Observers of the massive property find the sheer size of rooms over the top, considering Rennert doesn’t appear to have many visitors.
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