Enormous equestrian estate sees first price cut to $35 million

An enormous 23-acre equestrian estate in East Hampton just had its first price cut since coming on the market in March, reducing its $39 million price tag to $35 million. A buyer would get a lot for the money, it seems: The compound at 172 Cedar Street has 11 parcels of land, a 12-bedroom main house, plus multiple guest houses, Curbed reported. There are also horse stables, a barn, and riding fields for horse lovers and a tennis court, fully equipped gym, theater and saltwater gunite pool for additional recreation. The property last changed hands in 2009 for $12.5 million, the report said. Zachary and Cody Vichinsky of Bespoke Real Estate and Dana Trotter of Sotheby’s International Realty have the listing. [Curbed]