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Sagaponack manse on 4.4 acres cuts price for the first time, now asking $21.5M

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Our readers thought it was asking too much when we first featured the home

Photos courtesy of Corcoran

The incredible 13,000-square-foot mansion at 209 Hedges Lane in Sagaponack has just received its first price cut since coming on the market earlier this summer in June.

When it first went up for sale under Corcoran Group’s luxury real estate agent, Susan Breitenbach, it was listed for $23.95 million. After its first price cut, the home is now asking $21.5 million.

Sited on a decent 4.4 acres of land, the home—built in 2007—is “like new” according to the listing. Interiors include nine bedrooms and 12 bathrooms, a double-height paneled entry foyer, a large chef’s kitchen with a butler’s pantry, a wine cellar, great room, French doors off the library, and two master bedroom suites. An elevator services all three floors, while the finished lower level hosts a home theater, sitting room, and game room.

There’s also a screened-in patio with a fireplace for indoor-outdoor living.

Outside, new homeowners will enjoy views over a 12-acre reserve, landscaping with specimen trees, a sunken Har-Tru tennis court, gardens, a pool, spa, and both a pool house and yoga studio.

The property was purchased in May of 2007 for $18,176,280 under a limited liability company titled Camp Hedges.

When we first featured the home back in June, our commenters weren’t crazy about it. One reader wrote:

What’s the point of shelling out 20 plus Million without the ocean view and Beach front? Too much money

Meanwhile, a few readers thought that this home wasn’t unique and was too similar to a lot of other Hamptons mansions.

What do our readers think now that the price has come down? Tell us in the comments.

For tips and corrections, please email hamptons@curbed.com