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At $4.495M, Is This Montauk Modern Priced Correctly?

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For a house that's considered one of the decade's best, this sure has been on the market for a long time. The Michael Mensch-design was completed in 2009 and has been looking for a buyer ever since. Curiously, the home's owner/developer, Tom DiMatteo, was first asking $3.995M, but increased the price to $4.495M less than a year later where it's been ever since.

So...is it time for a chop or should Mr. DiMatteo continue to wait it out? You tell us.

Poll results

· 57 Startop Drive [Blog]
· 57 Startop Drive [Official Site]
· Listing: Montauk Modern [Saunders]