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Insane East Hampton Asking Price Now Merely Cray-Cray

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Back in January, we presented a listing asking $28M for two cottages right on Hook Pond. While one cottage was in good shape, the other was "ready for an update." And while the pondfront location is nice, there's also a beach parking lot right next door, and for $28M, a buyer could get oceanfront instead. Now the properties are a mere $26.5M, for 2.10 acres total, or you could instead choose the one-acre property with renovated house for $13M. (Does that mean the "ready for an update" house is $13.5M?) Our thoughts: good luck with that.
· Immediate Ocean Access on Hook Pond [Sotheby's]
· Lovely Hook Pond Cottages Are Yours for a Mere $28M [CH]