Peloton founder shopping $75M Hamptons mansion after just four months of ownership

It’s not been a particularly easy few months for Peloton’s co-founder and ex-CEO John Foley.

The exercise firm’s former boss has witnessed stock in his company tank, he lost his gig as CEO, his product was inadvertently responsible for the death of a beloved TV character, his company hired the actor of said TV character for an amusing retort, and then they had to sack the actor when he became embroiled in a sexual assault scandal.

Oh, and he’s just sold off nearly $70 million worth of his own stock in Peloton, which we’re sure doesn’t buoy anyone at the exercise company with confidence.

And now, like a particularly bitter cherry on top of a cake made of misery, Foley is looking to sell his unbelievably nice East Hamptons estate just a few short months after purchasing it… and according to the New York Post, he’s going to take a loss.

That sounds like a very bitter pill to swallow for Foley, considering he paid $2.5 million over the home’s asking price when he forked out $75 million to purchase 442 Further Lane, East Hampton, last December.

Where not sure why he and wife Jill have decided to ditch the undeniably stunning digs after just four months, but whatever the case, it’s a shame for the Foleys – because their beach house is awesome.

Spread over 16,187-square-metres, the amazing estate boasts a whopping 122 metres of private beach frontage and a massive mansion that’s brilliant in its own right.

Designed by renowned Hamptons architect Francis Fleetwood, the five-bedroom, seven-bathroom abode boasts opulent luxuries both inside and out.

Gorgeous living areas with sweeping views out to the ocean, a chef’s kitchen, an expansive outdoor pool and lounge area, established gardens and a detached two-car garage are just some of the features.

We’re not sure how much Foley is shopping the property for currently, but whoever purchases it next will have scored themselves one of the best oceanfront homes money can buy.