/cdn.vox-cdn.com/uploads/chorus_image/image/55041627/Screen_Shot_2017_06_01_at_7.42.13_AM.0.png)
The home at 9 Morgan Hill Way just got a second price cut in its first two months on the market, bringing the asking price down to $18 million.
In the last week of March, the Bridgehampton South property went up for sale for $21 million under listing agent Matthew Breitenbach of Douglas Elliman. Mid-May, the first cut brought the asking price down to $19.5 million, and just last week another $1.5 million change was made in the price tag.
It was last sold for $14,995,000 with Corcoran.
The home has a whopping 12,000-square-feet of living space, but the listing suggests a teardown and building up to 15,000-square-feet. The value here is in the property and location, with 770-feet of water frontage on Kellis Pond. There is also private access to the water.
:no_upscale()/cdn.vox-cdn.com/uploads/chorus_asset/file/8612381/Screen_Shot_2017_06_01_at_7.51.19_AM.png)
:no_upscale()/cdn.vox-cdn.com/uploads/chorus_asset/file/8612383/Screen_Shot_2017_06_01_at_7.50.55_AM.png)
Built in 1982, the home has nine bedrooms and eight bathrooms, though the listing does not provide any photos of the interior.
A tennis court and basketball court can be found on the property, which borders 31.5 acres of development rights sold land—guaranteeing the preservation of the land.
:no_upscale()/cdn.vox-cdn.com/uploads/chorus_asset/file/8612425/Screen_Shot_2017_06_01_at_8.07.20_AM.png)
:no_upscale()/cdn.vox-cdn.com/uploads/chorus_asset/file/8612427/Screen_Shot_2017_06_01_at_8.07.28_AM.png)
Morgan Hill Farm is 11.5 acres in size, situated at the end of Morgan Hill Way.
:no_upscale()/cdn.vox-cdn.com/uploads/chorus_asset/file/8612385/Screen_Shot_2017_06_01_at_7.50.43_AM.png)
:no_upscale()/cdn.vox-cdn.com/uploads/chorus_asset/file/8612389/Screen_Shot_2017_06_01_at_7.50.36_AM.png)
- 9 Morgan Hill Way [Douglas Elliman]