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Southampton’s Normandy House gets another price cut, now asking $29.9M

Will the new asking price entice a buyer?

Photos courtesy of Corcoran

Just before the start of this summer, the empty 2.83-acre lot that became a part of the Normandy House compound—sited at 408 First Neck Lane in Southampton—went into contract. A few months later, the historic Polhemus & Coffin-designed home at 412 First Neck Lane just cut its asking price and is now listed for $29.9 million, down from $32.5 million.

In 2016, the Normandy House came on the market with both the main house and the empty lot (which was over 8 acres in total) for $65 million after the buyer purchased the 5.57-acre main property in 2013 for $28 million. By April of 2017, $9 million was taken off the price tag of the compound, and then five months later, another $6 million was cut.

The 8,000-square-foot Normandy House features nine bedrooms and eight and a half bathrooms. Interiors include water views over Lake Agawam, an entry foyer, a master suite with a private balcony, and a separate staff wing.

Outside, residents have access to 400 feet of private water frontage on Lake Agawam. There’s also a new sunken all-weather tennis court, a separate guest cottage, and a pool.

Tim Davis from Corcoran Group Real Estate represents the listing.

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First Neck Lane

First Neck Lane, , NY 11968