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New York

A Water Mill compound, previously listed for $10M, now 40% off

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The 1.7-acre compound at Mecox Road and Narod Boulevard in Water Mill had its asking price slashed this week. First listed for $10 million in 2014, the home was taken off the market in March 2016 and then relisted in July of this year for $6.4 million. Now the property, which contains a five-bedroom, three and a half bathroom main house in addition to a guest house and pool, is priced at $5.9 million.  Michaela Keszler and Natalia Papulova-Phillips of Douglas Elliman have the listing. [Curbed] 
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Hamptons