4 months and 2 price cuts later, Sagaponack estate drops asking price to below $20M

Four months of price cuts have brought a Sagaponack estate’s price to $19,995,000, Curbed reported. The 4.4-acre home first came on the market in June for $24 million but got a price reduction two months later, listing at $21.5 million. The home, which was built about 2007, has nine bedrooms, 12 bathrooms, a double-height foyer, chef’s kitchen, butler’s pantry, wine cellar and elevator. There’s also a screened-in patio with a fireplace, a sunken Har-Tru tennis court, a pool, a pool house and yoga studio. Susan Breitenbach of the Corcoran Group is the real estate agent on the listing. [Curbed]