In February of last year, Anthony and Theresa Scotto—relatives to Good Day New York anchor Rosanna Scotto—put their waterfront Hampton Bays home at 11 Mill Pond Road on the market for $4,495,000 under Douglas Elliman agent Enzo Morabito. Last week, the home sold.
After about four months up for sale, the asking price was reduced to $3.95 million, and was then cut again after another four months to $3,299,000. Earlier this year, in May, the price went down to $3,199,000.
The home finally sold for $2,962,500.
In 2004, the Scottos purchased the 0.83-acre property for $850,000, and the home that currently stands on the property was built in 2007. It stands 3,817 square feet with four bedrooms and five bathrooms, two fireplaces, a pool, deepwater dock, and 450 feet of bulkheaded waterfront on Smith Creek.
- Buy Anthony and Theresa Scotto's Waterfront House in Hampton Bays [Curbed Hamptons]