Today is Black Friday and that means spend, spend, spend! Leave the 55 inch UHD TVs to the poor folks, and get in on a Hamptons property with a huge price cut! Doorbusters! Limited time offer! Unbelievable savings!
42 Old Montauk Highway, Montauk
Former Price: $55 million, 2016
Now Just: $39.5 million!
You Save: $15.5 million!
The Deets: 36 acres of oceanfront land, 7,000 square foot house
Why Hasn’t It Sold?: When you think “Montauk,” do you think “Chinese tea house with slippery marble floors”? Yeah, us neither.
Former Price: $30 million, September 2018
Now Just: $23 million!
You Save: $7 million!
The Deets: 2.5 acres of land on Mecox Bay, 6,400 square foot house by Tod Williams, dock
Why Hasn’t It Sold?: The house is just not very attractive and is dated, and the price doesn’t support a teardown.
550 Parsonage Lane, Sagaponack
Former Price: $25 million, April 2018
Now Just: $20 million!
You Save: $5 million!
The Deets: 10 acres of land, 12,000 square foot house built by Jeffrey Colle
Why Hasn’t It Sold?: There’s lots of land and the house is attractive on the exterior, but $20 million is a lot for nonwaterfront, and the fusty, traditional interiors don’t appeal to younger buyers.
