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A Water Mill estate just got a serious price cut—$3 million has been taken off the asking price for 33 Mecox Lane.
Curbed featured the home back in October 2015, at which time the home was priced for $22,500,000, after having just undergone a $2.5 million price cut... meaning, the home had been asking around $25 million at one point.
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Comments on the original post had mentioned that the home was priced too high, and one commenter even mentioned that they thought it should be “closer to $15M.” Funny enough, the asking price is now $14,955,000.
While homes go through major price cuts all the time, shaving $3 million off isn’t something to go unnoticed.
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The 7,400-square-foot home sits on 2.4 acres, with seven bedrooms and seven-and a-half bathrooms. It was built in 1977 but was completely rebuilt in 2005. The waterfront property includes an artist studio, guest house, pool, and tennis court.
Inside, one will find a wet bar, dining patio, screened-in sun port, and sunny sitting room. It’s even positioned high enough above the bay that the home is more protected from storms and other weather concerns.
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- 33 Mecox Lane [Saunders]
- Big Reveal: How Much for 2.4 Acres of Bayfront in Water Mill [Curbed Hamptons]