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Bidding on the 4-bedroom, 3-bath home was said to be "fast and furious." Between five and 10 sealed offers were submitted and U.S. Marshals chose the winning bid, according to Fortune. Compared to Madoff's other properties, the Montauk home is understated. It is, however, just 150 feet from the beach. Neighbors include Ralph Lauren and Robert DeNiro. Proceeds from the sale will go toward repaying Madoff's victims.
Bernie Madoffs Vacation Home
The view of Madoff's former vacation home from the beach in Montauk, New York, photographed on Friday, Aug. 28, 2009. He bought the relatively modest property in 1979 and estimated its value last year at $3 million. Now it's on sale by federal authorities for $8.75 million.
The pool is attached to the house by a wraparound deck.
A view of the pool and the ocean from the front porch of the house.
The beach is just 150 feet away--a distance no longer allowed by zoning laws.
The dining room has a view of the ocean. The dining furniture, like everything else in the home, is for sale.
Artwork from Madoff's Montauk home will also be auctioned.
Duck decoys tagged for auction.
The living room has a cathedral ceiling and a stone fireplace.
The master bedroom.
The master bath.
Madoffs New York City Penthouse
The U.S. Marshals Service plan to put Bernie Madoff's former 4,000-square-foot New York City duplex penthouse on the market as early as this week. Madoff, now serving a 150-year sentence for fraud, holed up in this Upper East Side luxury apartment as his scheme unfolded.
Seen here, the apartment's wrap-around terrace with views of Manhattan in every direction.
Mary Altaffer, AP
This staircase joins the duplex's two floors. Bedrooms are located on the lower floor, contrary to standard layouts.
Mary Altaffer, AP
The living room has parquet floors, oriental rugs and a piano -- is that the Steinway being auctioned off?
Mary Altaffer, AP
The super-traditional master bedroom has been cleared out of personal belongings.
Mary Altaffer, AP
A quaint eat-in-kitchen with bright New York City views.
Mary Altaffer, AP
An elegant dining room for the most formal of dinners. The chandelier is to be sold separately at auction.
Mary Altaffer, AP
The kitchen has an island range and what appears to be an indoor grill in the background -- large, by New York City standards.
Mary Altaffer, AP
One of the Madoff's bathrooms, complete with an exercise bike.
Mary Altaffer, AP
Inside Bernie's office
Mary Altaffer, AP
The at-home office where Ruth Madoff conducted business of her own.
Mary Altaffer, AP
Madoffs Florida Home
The Madoff's former Palm Beach Florida residence will likely have a market price of $7.45 million, down from a $9.3 million just last year. The 8,700-square-foot house has five bedrooms and seven baths.
J Pat Carter, AP
Antiques line the walls of this expansive home.
J Pat Carter, AP
The formal dining room has a casual feel with slip-covered chairs.
J Pat Carter, AP
High white ceilings create an open and airy feel in the master bedroom.
J Pat Carter, AP
Another view inside the master bedroom
J Pat Carter, AP
Views of the Florida Intercoastal waterway can be seen from the window in this living room.
J Pat Carter, AP
One of the guest rooms
J Pat Carter, AP
Antique fishing rods hang on the wall of this living room.
J Pat Carter, AP
All items in Madoff's study have been tagged for auction.
J Pat Carter, AP
A large swimming pool sits behind the Madoff home.
J Pat Carter, AP
Reader comments (Page 1 of 1)
put his fuc**** wife and kids in jail
Replyhttp://www.philly.com/philly/hp/news_update/59431672.html
ReplyBernie Madoff told a fellow inmate "F*** my victims." read this story.
Paid for it in cash?? Nothing suspicious here (Ha! Ha!). Bet you 2:1 that it was bought by a non-citizen.
ReplyIt's well known Bernie is dying of cancer and arranged for his sons to look like they threw him under the bus. This gets them as well as the wife off the hook and they are still worth millions and millions. This was Bernie's biggest and best scam!!!!!!!!
Reply