Rolling Stone founder and publisher Jann Wenner and his partner Matt Nye reportedly have paid $11.9 million for a three-story, waterfront house on Old Montauk Highway in Montauk, N.Y., on Long Island's South Fork.


The New York Post's Jennifer Gould Keil broke the story on Thursday of Wenner's purchase of the eight-bedroom, 6,300-square-foot house, which had been on the market for $14.9 million. The deal hasn't cleared public records yet for us to confirm either the amount or the buyer's identity, but we'll of course take Keil's word for it. Records show that the property had been in the hands of something called 372 Assets, LLC, which is a company owned by the fellow who Keil noted had developed the property and built the house, George Filopoulos of Manhattan-based Metrovest.

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Built in 2005, Wenner's new, eight-bedroom, traditional-style mansion has six and a half baths, a vaulted living room and dining room and huge stone fireplace, an additional great room with an eating area, an office, and an exercise room, according to listing information. Outdoor features on the two-lot, 1.5-acre property include lush landscaping, multi-level patios and decking including an oceanfront hot tub, 200 feet of ocean frontage, and existing plans for a guest house and pool, according to listing information.

Wenner (shown here on the far left, along with his actress pal Ellen Barkin and New York nightclub owner Steve Walter) owns plenty of other properties as well. Records show that he owns the following:

--A 9,030-square-foot brownstone on West 74th Street in Manhattan, which Nye has worked out of and which Wenner purchased in 1996;

--A five-story, 6,540-square-foot town home on West 70th Street in Manhattan, which Wenner and his then-wife Jane purchased in early 1987 from the estate of the late designer Perry Ellis for either $4.2 million or $5.7 million, depending on which news account one believes;

--A ski condo in Sun Valley, Idaho (Ketchum), or rather a "ski locker," as it's called (or a "major convenience," as Wenner has called it in the past), in the aging, Bavarian-style Edelweiss apartment building, at 204 Picabo Street in Ketchum. Wenner owns that condo not for sleeping in, but rather because its building is literally across the street from the No. 10, which goes directly to the top of Bald Mountain and is the best ski lift in Sun Valley;

--A much bigger, 200-acre Sun Valley ranch (in Bellevue) that Wenner long has owned through his Hyndman Creek LLC company;

--A 4,068-square-foot house that was built in 1843 on a 67- to 70-acre spread on Davis Lane (off Woods Road) in Tivoli/Red Hook, N.Y., in upstate Dutchess County, which Wenner's Teviot Property LLC company purchased in December 2007 (deal recorded January 2008) for $5,800,000. A listing sheet for that property is here.

Wenner also still technically has his name on the deed of an oceanfront house on 11.59 acres on Further Lane in East Hampton, N.Y. that he had owned with his ex-wife (and that she still occupies). He and his ex separated in 1995, which was the same year that he paired up with Nye, a model turned fashion designer.