Beleaguered Hamptonite Matt Lauer and wife Annette have cut the price of their Noyac home once more.
The Lauers listed their lovely 25 acre spread in Noyac in July 2016, after they closed on the sale of Strongheart, Richard Gere’s North Haven estate. Asking price was $18 million. No one bit, so the price was cut the price $1 million in September that year and then the price was chopped to $14.9 million in June last year. Listing agent Susan Breitenbach at Corcoran tends to be very realistic about cutting prices on laggard properties, but it’s entirely possible the embattled couple have had more on their minds.
Why hasn’t the Lauer property sold? It’s not an easy sell, we suppose, in the less than tony environs of Noyac, uh 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.
