Amagansett home that took big price cut ultimately sells for $10.5M

A more than two-acre property in Amagansett that originally listed for $18 million in January 2017 has sold for $10.5 million, according to Curbed. It was most recently listed for $11.5 million. The contract was signed in August and the deal closed last week, the outlet reported. The 6,488-square-foot home, built in 1909, has seven bedrooms, 12-and-a-half bathrooms, hardwood floors, beamed ceilings, a large kitchen, several fireplaces and a double-height living room. The property also has covered outdoor porches, a detached two-car garage, a heated pool, a pool house and landscaping. Philanthropist Jane Rivkin, the widow of former investment analyst Jack Rivkin, bought the property in 2010 for $6.5 million, according to Curbed. Corcoran’s Randi Ball represented the listing. [Curbed]