In Southampton, this oceanfront French Château-style home landed on the market this past summer with a whopping $75 million asking price. Wall Street Journal now reports that the listing has chopped its price, dropping it down to $65 million.
Originally, when this listing was first up for grabs, it was offered alongside an adjacent property owned by the same family. The two properties together cost $100 million. The latter property has since left the market, according to Wall Street Journal.
This c. 1990-built listing was once owned and constructed by the late John F. Sullivan, a financial executive who co-founded the advisory firm Sullivan, Morrissey & Mickle Capital Management and later served as a founding partner at Faulkner, Dawkins & Sullivan.
In an interview with Wall Street Journal, Sullivan’s daughter Lisa Crawford described the $65 million residence as "a really interesting non-Southamptony type of home" due to its French style.
Inside, there are also materials imported from Europe as well as an elevator and wine cellar. A swimming pool is also included. The residence features four bedrooms across roughly 9,200 square feet of space along with a little over three-and-a-half acres of land.
[UPDATE: Bespoke Real Estate has the listing.]
To get a look inside, check out the gallery below.
• Southampton Château Gets Trimmed to $65 Million [Wall Street Journal]
• Why Not a French Chateau on the Ocean in Southampton for $75M? [Curbed Hamptons]