Matt Lauer listed his lovely 25 acre spread in Noyac just about a year ago, after he closed on the sale of Strongheart, Richard Gere’s North Haven estate. Asking price was $18 million. No one bit, so he cut the price $1 million in September. And there the price sat, until today. Now the ask is $14.9 million. Which, considering how lovely the property, is not at all unreasonable. Listing agent Susan Breitenbach at Corcoran tends to be very realistic about cutting prices on laggard properties, we’ve noticed.
Why hasn’t the Lauer property sold? It’s not an easy sell, we suppose, in the less than tony environs of Noyac, oh we mean Sag Harbor. However, again, the grounds are gorgeous and there’s plenty of land and privacy, with a huge 70’x20′ gunite pool with pool house and a tennis court. The 8000 square foot house is also beautiful, in our estimation, but possibly too individual? The interiors, by designer Muriel Brandolini, feature fabulous lighting fixtures, bold use of color and pattern (including hand-painted wallpaper), and classic midcentury furniture. Although many of the well-heeled expect to do renovations when purchasing a new home, we’ve heard time and again that buyers today don’t want to bother; that they want something they can move into immediately. Maybe the interiors need a make-under.
We’ll be very interested to see what happens with this property. For more, click here.