Here’s who bought La Dune in Southampton, which once asked $150M, at auction for $88.48M in cash

The new owners of La Dune — the grand Southampton oceanfront estate that made waves for its staggering $150 million asking price before it crashed at auction this year — is Charles Kim, a young investor and philanthropist, and his wife Jean, Gimme Shelter can reveal exclusively.

Kim is a managing member and co-founder of Alpine Group, an investment management firm, who did not return requests for comment.

His lawyer Sarah Tadros Awad, a real estate lawyer with Romer Debbas LLP, also declined to comment.

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Kim received a bachelor’s of science degree from Binghamton University in management and finance, and now generously donates to his alma mater.

On YS Kim Foundation , the Kim family foundation’s website, they are described as “dedicated philanthropists and proud parents of three young children,” and have established a scholarship for incoming Binghamton students from New York and the US Virgin Islands.

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They also provided funds to establish the YS Kim Korean Student Center. The Kims’ foundation focuses on “arts-based” initiatives, as well as youth development and financial support to community and educational nonprofit organizations.

The 4-acre estate, which consists of 366 and 376 Gin Lane — two parcels on one of the swankiest oceanfront streets in the Hamptons — ultimately sold at an hours-long auction for $88.48 million in an all-cash deal in January. There was no minimum reserve bid.

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The estate was sold as a pair to entities controlled by Kim, according to court documents.

The seller was Louise Blouin, a self-made French Canadian-born businesswoman, philanthropist and former art magazine publisher who entertained Prince Andrew, Calvin Klein and others at the estate over the years.

The compound includes an original cedar-shingled home from the 1880s and a 21st-century guest house built on the site of a 19th-century tear-down. Altogether, it comes with 19 bedrooms, two pools and a sunken tennis court.

The sale took place at Sotheby’s in Manhattan, run by Concierge Auctions in partnership with Sotheby’s co-brokers Harald Grant, Corcoran’s Tim Davis and Bespoke’s Cody Vichinsky.

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