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$4M discount at 328 Gin Lane

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Fairytale carriage house

Originally asking a whopping $39.5 million in 2014, we’re not exactly shocked that this 2,500 square foot carriage house at 328 Gin Lane is still looking for a buyer. To be fair, the curb appeal on this place is fairytale worthy. It truly has an ethereal quality that boasts a north/south tennis court and an oceanside gazebo. The grounds are beyond charming, but the inside of the residence could use some updating. Of course, Gin Lane is one of the most prestigious streets in the Hamptons. So, maybe somebody will be seduced by the fancy address. What do we think, is $35.5 million the magic number? Or, is a $4 million discount still not enough?