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Six Months In, Massive Sagaponack Estate Chops Off $1.5M

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Those looking to save a little coinage on a showplace in Sagaponack are in luck. Andrew Rosengard, a longtime heavy on the financial side of the media world, just chopped the pricetag on his Hedges Lane estate by $1.505M. Asking price now? $17.995M.

Designed by Barnes Coy Architects, the 11,800 sq. ft. gambrel offers an impressive laundry list of high-end amenities:

"...7 bedrooms including grand master suite with his and her baths, 12 baths, gourmet eat-in kitchen opening to casually elegant sitting room with fireplace, formal living and dining rooms, library, state-of-the-art media room, office, and screened-in porch. Special features include 5 fireplaces, radiant heating, smart media systems, and all Waterworks baths with custom tile design."The 2.9-acre property also features landscape design by Ed Hollander, an oversized gunite pool and waterfall, a pool house with kitchen and full bath, tennis basketball courts, and cutting gardens. · Listing: Exquisite Estate, Expansive Grounds [Sotheby's International Realty]