In summers past, the Noel family — Fairfield Greenwich founder Walter Noel; his wife, Monica; and their five fabulous daughters and their families — have gathered together at their 7,000-square-foot house in Lake Agawam, an exclusive enclave in Southampton. But now that they've lost billions of their clients' money to Bernie Madoff, had their assets frozen, and been charged with fraud, well, the summer of 2009 is going to have to be a little more low-key. Sources tell Daily Intel that the Noels are looking to rent their property to the highest bidder. The three-story house — built in 1885 by McKim, Mead and White and reportedly christened "Dolphins" — has ten bedrooms, nine-and-a-half baths, six fireplaces, and a heated pool, and will set you back $350,000 for July and $375,000 for August. (Entry to the nearby Bathing Corporation of Southampton is likely not included, since, according to a recent Vanity Fair profile, the Noels’ membership application to the beach club was denied.) It's a hefty sum, to be sure. But the stories you'll get from staying there? Priceless.
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