Oceanfront Montauk home gets price chop, sells for $7.85M

A shingled, oceanfront home at 644 Old Montauk Highway that came on the market in May with an $8.3 million price tag has sold for $7.85 million, according to Curbed. The 0.89-acre property last sold in 2015 for $7.945 million. The 2,200-square-foot home, built in 1949, has three bedrooms, three bathrooms, an open floorplan, a large bay window in the living room, water views throughout and a fireplace. The grounds have private paths that lead to the sea, as well as a cabana and separate cottage atop a garage. Chris Coleman of Saunders & Associates represented the listing. [Curbed]