Corcoran Group agent Burt Minkoff cut the asking price for a five-bedroom house in Palm Beach by $1 million to $7.995 million.
The Modernist-style residence spans 5,645 square feet and features ceiling-to-floor windows and glass doors and a dock on Lake Worth Lagoon.
It has been listed for sale since last February.
Built around 1937, the house is located at 1221 North Lake Way, midway between the northern tip of the island and the Palm Beach Country Club.
It is only house in the North End neighborhood of Palm Beach “with its own deeded oceanfront cabana down the block,” Minkoff told the Palm Beach Daily News.
The house had been owned by Marion Boulton Stroud Swingle, an art collector who died last year. [Palm Beach Daily News] – Mike Seemuth