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.
Even though the property is located south of the highway at 150 Rose Hill Road, residents would still have to drive on the highway in order to get to the ocean, which could be a downside for buyers.
The house has been available for sale in the past. From 2011 to 2015, the house was on and off the market for the same $5.59 million asking price. Up until earlier this week, it was available to rent.
Earlier this year, the couple listed their other Hamptons property in North Sea with a $4 million asking price but it looks like they have decided to keep that house and sell the larger Water Mill home.
Built in 2014, the house is still relatively new. Standing 8,000 square feet in size, homeowners will have ample space for family and guests with eight bedrooms, eight full bathrooms, and three half-baths on a full acre of land.
Originally built back in 1920, the recent restoration by Artisan Builders and interiors designed by Katrina Hernandez brings the house into the 21st century.
Built in 2000, we noticed that the interiors are in need of some updates, but the kitchen looks like it’s been recently renovated. Features include hardwood floors throughout, beamed ceilings in the living room, a fireplace, and sliding glass doors that lead outside.
Built in 1996, the 6,456-square-foot midcentury-inspired home includes five bedrooms, four and half bathrooms, hardwood floors, an open floorplan, and water views over Mecox Bay throughout.
Brooks and his wife, Anne Bancroft, purchased the home in 2000 for $3 million and then sold the 1.03-acre property for $5.3 million in 2010. Four years later, it sold again for $9 million before coming on the market earlier this year.
The 4,600-square-foot home sold in May of 2018 for $2,925,000 after being on the market for about a year. It was first asking $3.95 million when it listed in 2017, but steadily came down in price over the next year.
The 2,500-square-foot home offers a wide open floorplan, hardwood floors throughout, a fireplace in the living room, four bedrooms, and three bathrooms.
Possibly the most enticing thing about this property is its size—the home is sited on 4.6 acres of land, which leaves plenty of room for expansion or a tennis court.
More than half of our readers cast their votes in the highest two categories—between $3 million and $3.5 million, and over $3.5 million. In 2008, the property sold for $2.5 million. Before that, it sold as an empty lot in 2004 for $425,000.
The Gimbel family—from Gimbels department stores—purchased the property in 1910. The home has been owned by an Italian financier and fashion house owner for the past 30 years.
While it’s undergone renovations, the home still needs a few updates here and there. Namely, the kitchen could benefit from up-to-date stainless steel appliances, new flooring, and maybe even a backsplash to give it some character.
Designer Richard Keith Langham purchased the 19th century home 2000 for $795,000 according to public record and has modernized the structure while still holding on to the character that makes 134-year-old home so special.
The newly-built mansion has 9,800 square feet of living space on 1.1 acres, and was last purchased by developer couple Ronen and Jessica Guetta from Guetta Building Company for $1.1 million back in 2013.
A finished lower level features not only an indoor pool in the atrium, but also a full gym, two saunas, a steam room, a home theater, and a billiards room.
Shinnecock homeowners wanted to maximize their short-term rental this year; the town actually saw a 19 percent decrease in rental inventory for homes available from Memorial Day to Labor Day.
The fourth level accessed by elevator is the rooftop waterview terrace, where the future homeowner will look out to both Mecox Bay and the Atlantic Ocean.
Filming is set to start on June 22 and go through Labor Day. There will be an anticipated 35 people on the property during filming, which will take place for 12 hours a day or less.
The traffic light change hasn’t been approved by the Department of Transportation quite yet, but if it does go into effect, it will likely be a blinking light from 6 a.m. to 9 a.m. through the month of July, which is the Hamptons’s rush hour.
When we first featured the home, one reader said that it "feels so terribly formal, would not be out of place in Virginia horse country," while another felt that it was a "big place, but not pretentious."