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Meadow Lane Oceanfront To Join 2012's Biggest Sales

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October is proving to be a huge month in the world of rich person real estate in the Hamptons. One $20M+ sale is on the books, two big listings hit the market, and a handful of pricey properties found buyers. Well, we can add another ultra-expensive in-the-works sale to the mix. Thanks to a commenter, we learned that this massive 10,000 sq. ft. oceanfront traditional on Southampton's Meadow Lane recently clicked over to "Under Contract" on Sotheby's website. Though the home's asking price was chopped a couple of times?from $32M down to $27M?during its four months of looking for a buyer, it's still in a fine position to become one of the biggest sales of the year.

· Listing: Oceanfront Classic Beach House [Sotheby's International Realty]