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Pretty New East Hampton House is Overpriced at $2.595M

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This is a lovely newly built house. It offers four bedrooms and four baths, all fresh and bright. The walk-out lower level is nicely finished for parties with dark woodwork, a wet bar, and a wine cellar. Outside, there's a gunite pool, spa, pool house, outdoor kitchen and swinging chair! The only caveats we have are the price and location. It's on a small plot (.19 acre) in an area of much-lower value houses; the land sold for only $373K back in 2011. We think the house will have to be under $2M before it will sell. Your thoughts?
· East Hampton Village Fringe [T&C via HREO]