Amagansett modern now asking 52 percent of original asking price

It was listed for $11.5M back in March of 2017; now it’s listed for just under $6M

By Grace Cassidy Oct 11, 2018, 10:00am EDT

About a year and a half ago, we featured the home at 15 Greentree Court in Amagansett, which at the time was listed for $11.5 million with Saunders. Since then, the home has had multiple price cuts, the most recent $2 million change in price bringing the property down to $5,995,000.

It’s now asking 52 percent of what it was originally on the market for in March of 2017.

The 6,500-square-foot home sits on over 2 acres of north-of-the-highway land, about 2.5 miles from Amagansett shops and restaurants, 2 miles east of the Devon Yacht Club, and about 3 miles from the ocean at Indian Wells Beach.

Designed by Kevin O’Sullivan, the home has five bedrooms and five bathrooms, an open floorplan, floor-to-ceiling windows, doors that open out the deck for true indoor-outdoor living, and 14-foot ceilings in the kitchen. The outdoor deck offers a stainless steel grilling station, a gas pizza oven, an outdoor fireplace, and an infinity edge gunite pool with a waterfall.

In the master suite, there’s a private office and radiant-heated marble bathroom with a soaking tub and glass encased shower.

Downstairs, one will find a wine cellar, radiant heated floors, a yoga room, and a sauna and steam room in the finished lower level. There’s also access to the three-car garage from the basement.

The home is now on the market with Douglas Elliman agent Enzo Morabito. What do our readers think of the price? Do you think that the new change in ask will entice a buyer? Leave your thoughts in the comments.