Normandy House gets a major price cut

The Normandy House, originally featured on Curbed Hamptons back when it went on the market in July 2016, had appeared for sale at a whopping $65,000,000—making it, naturally, one of the most expensive homes for sale in the Hamptons.

The home was designed by Polhemus & Coffin, who did many homes on Long Island, including the beloved home at 140 Egypt Lane, whose pricetag is all over the place.

The Normandy House was listed back in 2010 and had a difficult time selling, before it finally sold for $28 million—which was $9 million below original asking price. Then it was renovated and redecorated, and appeared again with a smaller property size for sale at $48 million.

Then, finally, we get to where we are now. The home was put on the market for $65,000,000, but just this week saw a $9,000,000 price cut.

The home is now asking $56,000,000.

The historic home has nine bedrooms, eight-and a-half bathrooms, at 8,000-square-feet on 8.32 acres of land. It features a gated entry, tree-lined driveway and 400 feet of waterfront.

The master suite is waterfront, has its own private balcony, and a new master bathroom with a glass encased shower. There’s also a soaking tub.

Outside, you’ll find a heated gunite pool, bluestone patio, and a sunken all-weather deco-turf tennis court.

The property doesn’t just have the 8,000-square-footer, though. There’s also a carriage house which has staff quarters and not one, but two oversized two-car garages. There’s a pool house, too, which is next to Lake Agawam.

So yes, the house is impressive and it’s historic. But it was criticized when it went on the market for being overpriced. And docking $9 million might still not even bring it down low enough to incite a buyer. But only time will tell.

• Normany House is Back with Thee More Acres, Asking $17M More [Curbed Hamptons]
• 140 Egypt Lane gets another $1M from asking price [Curbed Hamptons]
• 412 and 408 First Neck Lane [Bespoke Real Estate]