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Chop #3 Comes Almost 3 Years Later For This SH Traditional

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This traditional in a "privileged enclave" of Southampton first hit the market back in March of 2010. Since then, the home has seen its price lowered three times?the most recent $255K chop coming just a week ago?for a grand total of $1M. Latest ask? $6.495M.

Set on 2.5 "exquisitely landscaped" acres, the five-bedroom offers an expansive living room with beamed ceiling, a den/media room, four fireplaces, gourmet kitchen, and a newly added living room/pool pavilion combo. Doesn't sound roomy enough for ya? You'll be relieved to know that plans exist for a "significant renovation and addition to increase total living space to nearly 9,500 Sq Ft."
· Listing: 7 David's Court [Corcoran]