House by Maidstone Club Now Asking $8.25 Million Less

house by maidstone club

Ouch! This property, which is bordered on three sides by the Maidstone Club, and is therefore just a hop, skip, and jump to the ocean (1700 feet), first hit the market almost three years ago, in March 2018. Asking price was a hefty $21.5 million. But it sat. The price has been lowered several times and is now at $13.25 million, which is much more reasonable.

All photos via BHS

The property, which is now repped by Martha P. Gundersen and Roxanne A. Briggs at Brown Harris Stevens, offers many positives. There’s a generous 2.54 acres of land, with attractive views of the gold course. There are also waterviews from the house to Hook Pond. The house itself is a spacious 5600 square feet, with six bedrooms and seven baths, including a downstairs master and an upstairs master, as well as a sleeping loft for the kids. The kitchen features a fireplace for cooking and a nice breakfasting area, while the formal dining room can seat 12. Of course there are pretty gardens and a nice pool, though no tennis.

Why no tennis? Because a lot of the 2.54 acres is wetlands–nice for a peaceful vista, but unusable otherwise. And of course, while theoretically the location is excellent, actually that road gets quite a lot of traffic in summer (people use it to avoid East Hampton’s Main Street–not to mention golf carts). And if you’re not a member of the Maidstone Club, that wouldn’t be the beach we’d choose.

What say you? Will $13.25 million do the trick? Let us know in the comments.

For more, click here. 157 Egypt Lane, East Hampton