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Southampton home gets its first price change after two years on the market, cuts $3.5M

The price cut was 17.9 percent

All photos, Susan Breitenbach for Corcoran

Two years ago in September of 2015, the home at 356 Wickapogue Road in Southampton came on the market under the Corcoran Group’s agent, Susan Breitenbach, for $19,495,000. Earlier this week, the home got its first price cut since coming on the market—taking $3,496,00 from the asking price, putting it for sale at $15,999,000. The price reduction was 17.9 percent.

The property was last sold in 2005 for $9.25 million. The same year, the current construction was built.

It stands 10,500 square feet with eight bedrooms and 12 bathrooms on three acres of land. Interior features include a custom wood paneled library, seven fireplaces, a sauna and steam room, wine cellar, gym, and elevator serving all three levels. The listing claims that there are both pond and ocean views, but from the photos, we can’t see very much of them.

Outside, there is a heated pool, spa, Har-Tru tennis court, pool house with a kitchen, and outdoor fireplace.

The property is the most expensive that is currently for sale on Wickapogue Road. The 107 address is close behind, asking $12,995,000—however that home is 7,700 square feet with seven bedrooms and eight bathrooms, and it’s only on 0.6 acres of land. The home at 295 Wickapogue Road is a 7,350-square-foot structure on two acres of land, asking $8.95 million.