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 186 Crescent Avenue features a pool with views over the bay, a large pool house, and a paddle tennis court.
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The waterfront house at 186 Crescent Avenue in Water Mill has recently suffered a 26% price drop from it’s previous listing price.
PropertyShark Staff 