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Richard Gere Cuts Price of North Haven Home by $11M

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Down from $65M originally

Actor Richard Gere has finally chopped the price of his lovely North Haven estate, Strongheart, to a fairly-reasonable-for-the-Hamptons price, $36.5M. Back in 2013, the hilarious asking price was $65M; then the ask was shaved to a still-humorous $56M in spring 2014, and down again to $47M in late summer 2014. Now he has a new agent (Susan Breitenbach of Corcoran) and a new price.

As before, it's a gorgeous property, on prestigious Actors Colony Road. Strongheart was built in 1902 but has been renovated and expanded since then, with two additional guest houses, an outdoor fireplace pavilion, and of course a tea house set in the middle of a pond in front of the coastline (hey, you don't have one?). In all, there are twelve bedrooms and twelve baths in 12,000sf set on 6.3 waterfront acres, with mature, pretty gardens. We love how unpretentious the place is, and we also adore how many outdoor seating areas there are to relax and enjoy the view. There's 300' of direct bay frontage, a 240' long private deep water dock, and a sandy beach, as well as a 60' pool and a basketball court.

Do you think the latest price drop will do the trick?