Meadow Lane Sales and Elon Musk’s Property Portfolio | WSJ Homes for June 12

June 13, 2026 - 01:31

A property on Meadow Lane, one of the Hamptons' most coveted stretches, has hit the market, drawing attention to the evolving real estate portfolio of billionaire Elon Musk. The listing, featured in the latest WSJ Homes section, underscores a broader trend of high-net-worth individuals recalibrating their holdings. Musk, known for his ventures with Tesla and SpaceX, has been gradually selling off his luxury properties over the past few years, a move he previously stated was aimed at simplifying his life and reducing his "collection of houses."

The Meadow Lane estate, situated on a prime oceanfront parcel, is priced at a significant premium, reflecting the exclusivity of the area. While Musk's ownership of the property has been a point of speculation, the listing serves as a reminder of the fluid nature of his real estate strategy. He has famously downsized from a portfolio that included multiple mansions in Los Angeles and the Bay Area, opting instead for a more modest residence in Texas.

In a separate feature, the same edition highlights a historic apartment renovation in Manhattan. The project involved restoring a pre-war unit to its original grandeur while integrating modern amenities. Designers focused on preserving original moldings, fireplaces, and hardwood floors, blending them with contemporary kitchens and bathrooms. The result is a case study in balancing heritage with livability, a challenge many urban homeowners face in older buildings. The renovation is expected to set a benchmark for similar projects in the city, where space and character are at a premium.