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Southampton manse on Pheasant Lane sees $1.6M cut from asking price

It came on the market for $16.5M in February

All photos, Bespoke

Earlier this year in February, the 8,000-square-foot manse at 320 Pheasant Lane in Southampton hit the market for $16.5 million. This week, the home saw its second price cut since coming on the market, bringing it down to the current asking price of $12.9 million.

The first change in price came in June, when $2 million was cut. The most recent cut brought it down another $1.6 million.

Built in 2006, the home sits on two acres of land in the Southampton Murray Compound. There are eight bedrooms, eight full bathrooms, and a half-bathroom. Interior features include large windows, high ceilings, custom fireplaces, and a breakfast room with French doors leading out to the outdoor patio.

A full bathroom, private entrance, and covered porch can be found off the first-level junior master suite. A master suite with a fireplace, balcony, sitting room or office, and bathroom with dual vanities can be found on the second floor.

The guest wing can be accessed by a private entrance, and features a screened-in porch. There are two guest suites in the wing.

Outside, one will fine a heated gunite pool, grass tennis court, a circular valet court, two-car garage, mature landscaping, and space for entertaining. The property is surrounded by hedges for privacy.

Located close to Southampton village, the property is just a half-mile from the ocean.