The beautiful Edward DeRose Windmill Cottage, c. 1885, hit the market last summer asking $13.5M. Now it's been chopped down to $11.9M. The house is an example of windmill architecture—it's not and never was a real mill but it's an accurate copy of an original East Hampton windmill. It's a unique property and hard to price, we suppose. In addition to the main house with offices and libraries in the windmill part, as well as a master suite with sundeck, there's a two-bedroom guest house, a studio, a three-car garage with potting shed, 50' pool, tennis court, lovely gardens with brick walls and tall hedges. Hopefully someone will fall in love with it soon.