Real LI

A source has confirmed a report in an upcoming issue of Hamptons Cottages & Gardens magazine that an eight-bedroom, 11-bath home in Amagansett, once part of the Warner LeRoy estate, was sold last month for higher than the asking price of $9.85 million. There had been several bidders vying for the property.

According to the magazine, "there was an unexpected bidding war at the last minute, driving the price far beyond expectation." REAL LI has learned that the final sales price was $12.5 million for the 13.5-acre estate.

The column in the magazine's August 1 issue identifies jewelry designer David Yurman and his wife Sybil as the new owners of the mansion; however listing agent Rylan Jacka of Sotheby’s International Realty declined to identify the buyer or provide any details of the sale, citing a confidentiality agreement.

Warner LeRoy, who at one time had owned the property, died in 2001. He owned and operated several famed Manhattan eateries, including Tavern on the Green and The Russian Tea Room. Leroy's grand- father was Harry Warner, who founded Warner Bros. Studios. His father, Mervyn LeRoy, produced "The Wizard of Oz."