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Tony South Main Street Sees Another PriceChop of $2M

On the one hand, South Main Street, which funnels folks from the village's prized shopping to its prized beaches, has a lot going for it: it's a convenient thoroughfare with an exclusive vibe. On the other hand, South Main isn't exactly the road less traveled. So maybe that's why properties on South Main tend to hit the PriceChopper before scoring a contract? Regardless, this circa 1900 summer cottage is the most recent South Main property to hit the PriceChopper. The massive 3.4-acre estate first hit the market last September for a whopping $18.8 million. And even though the remarkable property is subdivision-ready, buyers haven't been biting, which likely explains the recent $2 million PriceChop. Sounds like another South Main setback to us! But not one the home's tennis court, period details, and converted barn can't help overcome, right?

· Listing: Village Estate on South Main [Sotheby's]
· South Main Street Cottage Now South of $10M [Curbed Hamptons]