Water Mill estate enters price chop round four – now $5M cheaper
The Water Mill estate of former Doubleday publishing chief John T Sargent had its price reduced again earlier this month, this time by $5M. Originally listed at $40M in 2010, the property suffered a previous $12M price chop in February 2011 and is currently on the market for $19.995 million. According to Corcoran, this stunning property at…
Hamptons house sees $12 million price cut this week
The waterfront house at 186 Crescent Avenue in Water Mill has recently suffered a 26% price drop from it’s previous listing price.
Long Island, Hamptons: Potential Deals Coming Up At the Auction
Our attention was drawn by a Curbed Hamptons post on a $485,000 loss (over the previous purchase price) of a Montauk beach house. The property, located at 20 Gilbert Road, was reportedly bought in 2006 for $1.2 million, repossessed by the bank in April 2009, according to our records, and then sold at an online…
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