Waterfont Bridghampton home goes into contract after $3M price cut

The former Bridgehampton home of legendary ballerina Sono Osato on the lip of Sagg Pond has gone into contract after its asking price was lowered to $34 million, according to Behind the Hedges. The 7,200-square-foot home at 286 Quimby Lane first hit the market seeking $37 million in March 2018, but had its price cut last month. The home has five bedrooms, five bathrooms, three half-bathrooms, a tennis court, a pool and 300 feet of frontage. Osato, who died in December at 99, was the first dancer to join the Ballet Russes de Monte Carlo. She danced with the American Ballet Theatre and played Ivy Smith in the first production of “On the Town.” Her son said at the time that the family wanted to offload the property because Osato couldn’t use it as often as she liked. Deborah Srb of Sotheby’s International Realty has the listing. [Behind the Hedges]