Once a part of the Maidstone Club, this 6,500-square-foot estate was built in 1907 but has been updated and modernized after a ground-up renovation.
It got its first price change since coming on the market over two years ago earlier this month.
Now, just two months later, another $10 million has come off the price tag—bringing it down $20 million since June.
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Less than a year ago, in September of 2016, the home came on the market for $10.95 million. The price dropped down to $9.95 million in March, and then two months later to $8.85 million.
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When the home was listed in 2016, it had a $9.25 million price tag. After four months up for sale, the price dropped down to $8.75 million. And most recently, almost $1 million was shaved off, bringing it below the $8 million mark.
The home that is currently the least expensive home for sale on Further Lane is located at the 386 address. The asking price is $8.75 million. For reference, the most expensive home for sale on Further Lane is asking $59 million.
The home just went down in price by $4 million—nine months after originally going up for sale—and is now available for $65 million.
Owning this historical East Hampton property will cost $26.5M.
The estate was sold at an auction in 2015 for $12M. The current $14M price tag is considered quite the bargain.
This handsome design, by iconic Hamptons architect Norman Jaffe, offers 6000 square feet of space. But this is one for architecture buffs only, we think.
Fabled Further Lane: here’s a notable property on the ocean. Six acres of land and an enormous gambrel home by Francis Fleetwood.