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The least expensive home for sale on Parsonage Lane is in contract

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It went up for sale in 2015

All photos, Corcoran

Sagaponack’s Parsonage Lane is known for its pricey real estate. Most of the homes for sale on Parsonage have eight-figure price tags. The most expensive home for sale is an eight-bedroom, 11-bath estate at the 550 address, asking $24,995,000.

The least expensive home for sale is at the 491 address. The 2,000-square-foot home went up for sale in May of 2015 for $5,495,000. In May of 2016, the home saw its first price cut, coming down to $5.25 million, and then just two months later, the home got one more cut to $4,875,000.

As of June, the home has had a pending offer under that asking price.

Built in 1975, the home has three bedrooms and two bathrooms on 1.3 acres of land. The home has a double-height living room, large windows, wide-plank floors, a fireplace, and outdoor shower.

All photos, Corcoran