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Storybook East Hampton House Has Just One Caveat

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Welcome to another edition of Someone Has to Live on Main Street. Of course, there are some advantages to living on Main Street, too: walk to restaurants, shops, and the movies. The circa-1800 Daniel Osborne House has been beautifully renovated: it's 4000sf with six bedrooms and 4.5 baths. There are five fireplaces and nice old dark wood floors. The deep lot is almost an acre, with winding brick paths, a 20 'x 40' pool, a wisteria-covered pergola and a barn style three-car garage. Price for all this is $3.995M, which needs to be lowered. The property has been on the market for years now with no takers. What do you think is a reasonable price?

· Romantic Village Home [Halstead]