Built in 2009, an 11,000-square-foot mansion in north-of-the-highway Water Mill that’s been on the market since July of 2017 has just cut $2 million from its asking price.
When the 6.5-acre property listed for sale, it was asking $12.6 million, but after a year that price fell down to $9.9 million. Earlier this week, the most recent price cut brought the nine-bedroom, 10-bath estate down to $7.9 million under Saunders real estate agent Hans von Schirach.
Inside the Palladian style residence, there’s a massive two-story foyer with a grand staircase, multiple limestone fireplaces imported from Europe, a chef’s kitchen complemented by a breakfast area, and French doors throughout the home that lead to terraces and balconies. The master suite offers two walk-in closets and his and hers bathrooms (including a bidet in one of the water closets). Meanwhile, the finished lower level hosts a gym and wet bar. An elevator services all three levels.
Outside, there’s a heated gunite pool and spa, a pool house, an outdoor kitchen, an outdoor fireplace, and a tennis court.
The house last sold in 2013 for $6 million.
From the photos, it looks like the house has distant water views of the Peconic Bay. Located at 235 Roses Grove Road, homeowners will be about 3 miles from the Elizabeth A. Morton Wildlife Refuge in Noyac, and about 4 miles from Water Mill shops and restaurants.
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- Palladio House [Saunders]