Tory Burch Sells Her Hamptons House For Half Of The Purchase Price

It seems like Tory Burch just can’t catch a break these days. She was recently handed a lawsuit by ex-husband Chris, and now she’s just sold her South Hampton pad for half of what she paid for it.

Eagle eyes at Curbed pointed out that Burch’s three-year-old listing for her 4.5 acre estate on Meadow Lane closed at $11 million, which is $11.5 million less than the $22.5 million she paid when she bought it from Chris back in 2008. A source tells the New York Post‘s Page Six that pipes in Burch’s house had burst and resulted in serious water damage, which might explain the relatively cheap sale, but there’s still speculation that she accepted the low offer due to her ongoing legal troubles with her ex.

The home will be torn down and rebuilt by architect Daniel Romualdez. And don’t worry, Burch has already bought another home on nearby Ox Pasture Road for a cool $16 million. Because why not?

[Page Six, Curbed]

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