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East Hampton's Chateau Amorois Gets Chop #1, Is It Enough?

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When we first wrote about the five-bedroom Chateau Amorois in East Hampton, one Curbed reader dropped a bit of praise (as well as some knowledge):

"This is a truly wonderful house that has the magic and elegance of a 5th Ave Coop with the grounds of a conservancy. It was built by Christopher Browne (a founder of the Tweedy Browne hedge fund empire) who actually planted the landscaping 10 years before the house was built. Sadly, Chris passed away two years ago but it is wonderful that he left this masterful property as one of his many legacies."The 8.3 acre property itself is rather stunning. On it, you'll find "rhododendrons and azaleas, kousa dogwoods, sweet bay magnolias, pear, cherry, yew and linden trees, and an 80 year old tanyosho pine. Add some "open lawns, vistas, allees, flower gardens, a unique labyrinth of sculptured pathways and berms" and the word "masterful" does seem rather appropriate. However, even with all this verdant grandeur, the place is still waiting to find a new owner. It first hit the market in November for $28.5M and after a pricechop over the weekend, it's now asking $26.95M. Think the new pricetag will be enough to pique the interest of a well-heeled buyer or can we expect to see more downward movement in the coming months?

· Listing: Chateau Amorois [Brown Harris Stevens]