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Is a $2.5M Pricechop Enough for this Beautiful Georgica Traditional?

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When this c. 1900 Georgica house hit the market last November asking $10.5M, we were pretty impressed with it. Buyers, however, have apparently not been impressed with the asking price, which is why it's been cut twice, down to $7.95M. Now the price is getting close to what the owner, writer Barbara Goldsmith, paid for the place back in 2006: $7.5M. Will this latest cut attract a buyer?

The house is a 5000sf traditional style with five bedrooms and 4.5 bathrooms set on 1.1 acre. The interiors, decorated by Mica Ertegun, are gracious and elegant yet accessible. We love the kitchen with a Garland stove (for serious cooks) and a black stainless range hood. Outside, the pool really does look (at least in the picture) like a natural pond. Next to it is a pool house with a bar with refrigerator and icemaker, a bathroom and changing room, and a heated outdoor rain shower. Over the detached garage is a two bedroom cottage with its own generator.
· A Georgica Estate [Saunders]
· Beautiful Georgica Traditional Home for $10.5M [CH]