Born in the Bay Ridge neighborhood of Brooklyn, New York, Fallon went on to become one of the most well-known late-night hosts and comedians of the times. But before he bought his 5.7-million-dollar 3,500-square-foot home in Sagaponack, Long Island, New York, which includes a pool, horse stables, and a number of other luxuries, Fallon used to live in his parents’ modest two-story suburban home in Saugerties, New York.