East Hampton home increases asking price after 7 months on market

The 1940 East Hampton home at 103 Mill Hill Lane in East Hampton just saw an increase in its asking price since coming on the market with listing agents Jessica J. von Hagn and Kimberly Kakerbeck of Brown Harris Stevens. The home was listed in October of 2016 for $2,950,000. Last month, that price went up to $2,995,000.

That breaks down to going from $1,053 per square foot to $1,069 per square foot.

While this price increase isn’t much, the home itself has an interesting price history overall since it was put on the market in 2010. In 2010, it was listed for $2.2 million with the Corcoran Group but came down shortly after going on the market. Five years later, it was listed for sale for $3.2 million—a full $1 million increase—almost 46 percent (renovations, perhaps?).

The listing was removed after three months, and then was available to rent for $80,000 per month before going down to $70,000 per month. The rental listing was removed in May of 2016, and then was put back up for sale in October.

At 2,800-square-feet on 0.44 acres of land, the home hosts six bedrooms and four-and-a-half bathrooms. The kitchen has been updated and has an adjacent formal dining room.

Other features include a sunroom and laundry room on the main floor.

Outside, there is a heated pool, pool house, and mature landscaping. The home is located close to East Hampton village and beaches.

• 103 Mill Hill Lane [Brown Harris Stevens]