Former Mel Brooks home shaves a half million off asking price

The comedy legend and filmmaker owned the Hamptons plot for a decade

Nov.November 17, 2018 01:06 PM

Mel Brooks and his late wife, Ann Bancroft (Credit: Georges Biard)

The listing price for a 1968 home once owned by comedy legend and filmmaker Mel Brooks has been cut to $11.5 million after eight months on the market at $12 million.

Brooks and his late wife, Ann Bancroft, acquired the property, which is located on a narrow spit of Hamptons land between the Atlantic Ocean and Mecox Bay, in 2000 for $3 million. The house was sold by Brooks for $5.3 million in 2010, and traded again in early 2014 for $9 million.

After some freshening up, the property was listed for sale later that year at $11.5 million, but seems to have found no takers. In the years since, the asking price has climbed as high as $12.5 million before sliding back down to $11.5 million last month.

The three-bedroom, three-bath cottage at 1131 Flying Point Road features wood-beamed ceilings, hardwood floors, and a brick fireplace. However, the listing suggests replacing the 2000-square foot house with a larger structure and pool, to better utilize the roughly one-acre plot.

Brown Harris Stevens agent Mary Ann Cinelli represents the listing. [Curbed] — Kevin Sun

Related Articles

Robert Futterman charged with DUI in Hamptons car crash

Robert Futterman charged with DUI in Hamptons car crash

Ken Griffin and Calvin Klein’s Hamptons compound (Credit: Getty Images, Google Maps)

Ken Griffin in contract for Calvin Klein’s Hamptons compound

From left: 55 East 74th Street, 9 East 82nd Street, 1 Central Park South, 78 Irving Place with Adam Neumann and 111 West 57th Street (Credit: StreetEasy, Wikipedia, Getty Images)

Adam Neumann’s triplex, Russians’ Plaza pad were priciest homes listed last week

3 East 69th Street and 252 East 57th Street 

With asking prices in freefall, luxury market sees strong week

Keller Williams CEO Gary Keller

Keller Williams will cut off agents who leave

Wall Street bonus season is the stuff home sellers’ dreams, as they picture eager buyers armed with hefty bonus checks and willing to pay top price. But in a buyer’s market that vision may be more like a mirage (Credit: iStock)

Here’s what Wall Street bonus season means for real estate this year

Adam Neumann and 78 Irving Place (Credit: Getty Images and StreetEasy)

Adam Neumann is asking $37M for Gramercy Park triplex

(Credit: iStock)

Residential rents continue upward march in Manhattan, Brooklyn and Queens