{"id":4571,"date":"2011-02-09T11:40:55","date_gmt":"2011-02-09T15:40:55","guid":{"rendered":"http:\/\/www.propertyshark.com\/Real-Estate-Reports\/?p=4571"},"modified":"2025-07-10T09:22:52","modified_gmt":"2025-07-10T06:22:52","slug":"hamptons-homes-for-sale-186-crescent","status":"publish","type":"post","link":"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/2011\/02\/09\/hamptons-homes-for-sale-186-crescent\/","title":{"rendered":"Hamptons house sees $12 million price cut this week"},"content":{"rendered":"<p>The breathtaking waterfront property at <a href=\"https:\/\/www.propertyshark.com\/mason\/RFS\/?listing_id=7351384&amp;lcl=ny_suffolk&amp;lcl=ny_suffolk\" target=\"_blank\" rel=\"noopener\">186 Crescent Avenue<\/a> in Water Mill has just dropped its asking price 26% from the previous listing price. As written in the NY Post, the house hit the market in July 2010 when it was listed for $40 million. The listing price was reduced for the first time in October, down to $38 million, and reduced again 4 days ago to $28 million.<\/p>\n<p>See the full property report for <a href=\"https:\/\/www.propertyshark.com\/mason\/Property\/8746835\/186-Crescent-Ave-Water-Mill-NY-11976\/\">186 Crescent Avenue<\/a> and browse current <a href=\"https:\/\/www.propertyshark.com\/mason\/text\/infopages\/Hamptons-Homes-For-Sale.html\">Hamptons homes for sale<\/a>.<\/p>\n<p><input id=\"gwProxy\" type=\"hidden\" \/> <input id=\"jsProxy\" type=\"hidden\" \/> <input id=\"gwProxy\" type=\"hidden\" \/> <input id=\"jsProxy\" type=\"hidden\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The waterfront house at 186 Crescent Avenue in Water Mill has recently suffered a 26% price drop from it&#8217;s previous listing price. <\/p>\n","protected":false},"author":67,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[247],"tags":[66,366,302],"class_list":["post-4571","post","type-post","status-publish","format-standard","hentry","category-hamptons-real-estate","tag-hamptons-homes-for-sale","tag-hamptons-price-cut","tag-water-mill-homes-for-sale"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v23.4 (Yoast SEO v24.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Hamptons house sees $12 million price cut this week - PropertyShark Real Estate Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/2011\/02\/09\/hamptons-homes-for-sale-186-crescent\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Hamptons house sees $12 million price cut this week\" \/>\n<meta property=\"og:description\" content=\"The waterfront house at 186 Crescent Avenue in Water Mill has recently suffered a 26% price drop from it&#039;s previous listing price.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.propertyshark.com\/Real-Estate-Reports\/2011\/02\/09\/hamptons-homes-for-sale-186-crescent\/\" \/>\n<meta property=\"og:site_name\" content=\"PropertyShark Real Estate Blog\" \/>\n<meta property=\"article:published_time\" content=\"2011-02-09T15:40:55+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-07-10T06:22:52+00:00\" \/>\n<meta name=\"author\" content=\"PropertyShark Staff\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"PropertyShark Staff\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Hamptons house sees $12 million price cut this week - 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