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Montauk Modern Gets Its Fifth Chop, This Time For $1M

Sadly, all the glowing blog coverage of this Montauk modern hasn't translated to a sale. In the two+ years that the four-bedroom has been on the market it's undergone a series of chops totaling more than $5.5M. That's almost 40% off the original $14.5M asking price (ouch!). The owner of the Steven Harris design is now hoping for just under $9M. Think this new number will finally get the job done or will they be forced to make another substantial cut before finding a buyer?

· Art and Surf Oceanfront Montauk [Sotheby's]