According to Real LI, the going rate for a six-acre estate, complete with ocean and pond views is $17.5 million. Mind you, the Ocean Road property, which comes with an 8,000 square foot home and tons of other amenities, was originally listed for $25.995 million, or as we like to say in the industry, $26 million. That's about $8.5 million off the asking price! Looks like someone got a deal. [Real LI]
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