Fair Field, The Hamptons, NY

Rennert, the billionaire home owner caused a fuss with his neighbors because he was building such an enormous mansion beach front home in Sagaponack, New York – it’s even considered one of the largest occupied residential compounds in the United States. The house outraged local residents, who claimed the billionaire mansion home owner originally planned to use it as a mega spa, a huge hotel, or a maybe even a income property like a religious retreat. Rennert denied such allegations, and the local paper later issued an apology. Rennert named his home after the adjoining body of water, Fairfield Pond.

This 63 acre home is considered the largest residential compound in America. The 29 bedroom beachfront home of publicity shy billionaire Ira Rennert has 5 sports courts.

The lavish compound includes three swimming pools, a 164-seat screening theater, two bowling alleys, two tennis courts, two squash courts, a basketball court, and so many other buildings that an on-site power plant needed to be built to supply electricity to the estate.

Ira Leon Rennert born May 31st, 1934 is an American investor and businessman. Today he controls one of the nation’s largest privately held industrial empires, and They have at least two of everything. Two tennis courts, two bowling alleys and three swimming pools because you never know when you may need an extra one. The property even has its own power station to support the estate. This way they never ever have to leave and risk bumping into the riff raff.

The beach-front complex is known as Fairfield, and it nestles in a mere 255,000 m² of land (63 acres). The buildings themselves have over 10,000 m² of floor-space, and contain 29 bedrooms, 39 bathrooms, a 28 m long dining room, a bowling alley, a squash court and by all accounts a $150,000 hot tub.

The Hamptons is where you can find the country’s largest residential compound.

Billionaire, Ira Renert calls it home.

Italianate in design, there are 29 bedrooms, 39 bathrooms, squash and tennis courts and numerous other amenities. This gigantic house of 110,00 feet has everything!

Estimated to have a net worth of $6.5 billion as of September 2012, Ira Rennert purportedly showcases a portion of his massive art collection worth in excess of $500 million at the estate, so security at the gated compound is obviously a very high priority.