Kathy Hilton is selling her Hamptons pad for $15 million – more than six times what she paid for it: See the luxe 10,000 sq. ft., six-bedroom mansion sitting on 2.7 acres

Kathy Hilton has put her 10,000-square-foot Hamptons getaway up for sale for a remarkable $15 million, more than six times the initial price she paid two decades ago.

The lavish estate, owned by Paris Hilton’s parents, Rick and Kathy, sits on 2.7 acres and features six bedrooms, seven and a half bathrooms, a lagoon-style gunite pool and multiple terraces.

In 1999, the Hiltons acquired this extravagant property for $2.38 million, and today they are asking $14.95 million for the 10,500-square-foot home that has been a beloved setting for their holiday celebrations over the years.

One of the many cherished moments is Thanksgiving of 2019, when the Hiltons celebrated and Paris met her now husband, Carter Reum.

Rick told the Wall Street Journal, “The layout is perfect for comfortable living and entertaining, and we have countless fond memories of it.”

Kathy Hilton has listed her 10,000-square-foot Hamptons getaway for a remarkable $15 million, more than six times the initial price she paid two decades ago

The lavish estate, owned by Paris Hilton's parents, Rick and Kathy, sits on 2.7 acres and features six bedrooms, 7.5 bathrooms, a lagoon-style gunite pool and multiple terraces.

The lavish estate, owned by Paris Hilton’s parents, Rick and Kathy, sits on 2.7 acres and features six bedrooms, 7.5 bathrooms, a lagoon-style gunite pool and multiple terraces.

In 1999, the Hiltons acquired this extravagant property for $2.38 million, and today they are asking $14.95 million for the 10,500-square-foot home that has been a beloved setting for their holiday celebrations over the years.

In 1999, the Hiltons acquired this extravagant property for $2.38 million, and today they are asking $14.95 million for the 10,500-square-foot home that has been a beloved setting for their holiday celebrations over the years.

Built in the 1990s, the home is masterfully designed with three wood-burning fireplaces, a library, a formal dining room, a study and a completely private and spacious guesthouse, according to listing agent Jared Seligman of Cororan Group.

Built in the 1990s, the home is masterfully designed with three wood-burning fireplaces, a library, a formal dining room, a study and a completely private and spacious guesthouse, according to listing agent Jared Seligman of Cororan Group.

In addition to numerous terraces off most bedrooms, the Hiltons hotel features a spacious pavilion for outdoor dining, a gunite pool and a hot tub.  In the photo: one of several living areas

In addition to numerous terraces off most bedrooms, the Hiltons hotel features a spacious pavilion for outdoor dining, a gunite pool and a hot tub. In the photo: one of several living areas

In addition to numerous terraces off most bedrooms, the Hiltons hotel features a spacious pavilion for outdoor dining, a gunite pool and a hot tub.  In the photo: another living space

In addition to numerous terraces off most bedrooms, the Hiltons hotel features a spacious pavilion for outdoor dining, a gunite pool and a hot tub. In the photo: another living space

The 1990s-built home is masterfully designed with three wood-burning fireplaces, a library, a formal dining room, a study and a completely private and spacious guesthouse, according to listing agent Jared Seligman of Corcoran Group

In addition to numerous terraces off most bedrooms, the Hiltons hotel features a spacious pavilion for outdoor dining, a gunite pool and a hot tub.

Nestled in a prestigious, gated community on the border of Southampton and Watermill, approximately 90 miles from New York City, the shingle-style home offers access to Fowlers Beach, less than a mile away.

The master bedroom features a spacious closet and a large primary bathroom with all the amenities one can think of.

The property is located in a prestigious, gated community on the border of Southampton and Watermill, approximately 90 miles from New York City

The property is located in a prestigious, gated community on the border of Southampton and Watermill, approximately 90 miles from New York City

The 1990s home is masterfully designed with three fireplaces, a library, a formal dining room and all the amenities one could want.

The 1990s home is masterfully designed with three fireplaces, a library, a formal dining room and all the amenities one could want.

The master bedroom features a spacious closet and a large primary bathroom with all the amenities one can think of.  Pictured: the master bathroom

The master bedroom features a spacious closet and a large primary bathroom with all the amenities one can think of. Pictured: the master bathroom

The home is further complemented by a three-car garage, a porte-cochère and a finished basement, which the listing agent says adds to the allure of this Hamptons gem.  In the photo: the large foyer

The home is further complemented by a three-car garage, a porte-cochère and a finished basement, which the listing agent says adds to the allure of this Hamptons gem. In the photo: the large foyer

The shingle style house has direct access to Fowlers Beach, less than a mile away.  In the photo: the former dining room

The shingle style house has direct access to Fowlers Beach, less than a mile away. In the photo: the former dining room

Since moving to Los Angeles in the 2000s, the opulent property has been used less frequently by the Hilton family.  In the photo: another living room

Since moving to Los Angeles in the 2000s, the opulent property has been used less frequently by the Hilton family. In the photo: another living room

In 2018, the listing shows, the Hiltons renovated the gourmet kitchen (pictured), all bathrooms and the large master suite

In 2018, the listing shows, the Hiltons renovated the gourmet kitchen (pictured), all bathrooms and the large master suite

The home is further complemented by a three-car garage, a porte-cochère and a finished basement, which the listing agent says adds to the allure of this Hamptons gem.

Since moving to Los Angeles in the 2000s, the opulent property has been used less frequently by the Hilton family.

Over the years they have rented out the Southampton estate on and off, with a six-figure price tag for such occasions.

In the summer of 2018, it was available for just one week at the staggering rate of $50,000.

Since moving to Los Angeles in the 2000s, the opulent property has been used less frequently by the Hilton family

Since moving to Los Angeles in the 2000s, the opulent property has been used less frequently by the Hilton family

Rick (left) told the Wall Street Journal:

Rick (left) told the Wall Street Journal: “The layout is perfect for comfortable living and entertaining, and we have countless fond memories of it.”

One of the many cherished moments is Thanksgiving 2019, when the Hiltons celebrated and Paris (left) met her now husband Carter Reum (right)

One of the many cherished moments is Thanksgiving 2019, when the Hiltons celebrated and Paris (left) met her now husband Carter Reum (right)

That same year, the listing shows, the Hiltons renovated the gourmet kitchen, all bathrooms and the large master suite.

The broker wrote: “Truly rare for something of this size, footprint, history and condition to become available in Fortune.”

According to a report from Douglas Elliman, homes in Southampton had an average price of $1.615 million in the fourth quarter of 2023, a notable increase of 24.5 percent compared to the same period last year.

Seligman and Corcoran declined DailyMail.com’s request for comment on the listing.