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$5M Springs Home Explains Why Alec Baldwin Plays Softball

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[Photo credit: Sotheby's]

Ever heard of the Artists versus Writers Charity Softball Game? Well, the star-studded annual softball game, which gives personalities like Alec Baldwin and Bill Clinton an excuse to steal third, actually got its start at this historic Springs home. Explains The Real Deal, artists and writers like Philip Pavia and Jackson Pollack began playing ball back in the late 1960s right on the above home's 10-acre waterfront field. And now all that acreage, including a circa 1835 farmhouse and several outbuildings, can be yours for $4.990 million. Not bad for the East End's very own of Yankee Stadium.

But now let's discuss a more figurative curveball: the home's surprisingly willing to trade at a loss. According to PropertyShark, the historically significant compound actually sold in 2009 for $5.2 million—about $200K more than the current asking price. So much for a home-field advantage.

· Breathtaking 10+ Acres on the Harbor [T&C]
· Hamptons home of the Artists and Writers Softball Game [TRD]