East Hampton compound with roller coaster listing history back on the market

November 28, 2017 02:55PM

Two neighboring lots on Chauncey Close in East Hampton with more than seven acres of waterfront land are back on the market for just under $29.5 million. It’s a relative bargain from the compound’s last listing price of $85 million. The Georgica Pond properties were first listed for $45 million then $32 million and then, earlier this year for $85 million when plans for the construction of a new 14,000-square foot home were also included. Those plans, and the home currently on the property, are no longer offered in the listing. The five-bed, five-bath house at 19 Chauncey Close will be sold separately for $19.5 million. Owned by the late investment banker Carl Tiedemann, the properties were once part of a historic working dairy farm, Cove Hollow Farm. [Curbed]