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Please Pay $45M $33M for This Spec House Next to the Two Mile Hollow Parking Lot

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38 Two Mile Hollow Road East Hampton
38 Two Mile Hollow Road East Hampton


Now they're getting serious: this property hit the market just about two years ago asking a whopping $45M; just last week, another $7M was chopped off the price, making it a much more realistic $32.888M. Located off Further Lane, it offers quite a lot: oceanfront, with 2.48 acres, the property boasts a newly built 9000sf house with eight bedrooms, pool, pool house, tennis court, and a cute little bungalow by the beach to store your boogie boards or to house your teenagers for the weekend. However, the house is situated so that there are almost no oceanviews from the house (you apparently have to go on the second floor balcony) and it's next to a large beach parking lot, so the drawbacks are also daunting. Do you think a buyer will bite at the new price?

· Further Lane Oceanfront Compound [Corcoran]
· Please Pay $45M for This Spec House Next to the Two Mile Hollow Parking Lot [CH]