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Another price chop at 120 Beach Lane

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Oceanfront in Wainscott

If oceanfront living is your jam, then owning one of the Magnificent 7 in the Hamptons might be on your wish list. Sitting on 2.3 acres, this 3,500 square foot house embraces modernism. The location makes a statement with spectacular views of the ocean and Wainscott Pond. Double height ceilings and large windows highlight the water views from this impressive saltbox. There’s just one problem, this house isn’t moving. Hmmmm…. We have featured the steady price chops of this place in the past, and the owners recently marked it down another $1 million. So, what do we think, with a new asking price of $21.5 million, will it finally sell?