The daughter of the late chairman of the Union Pacific railroad empire, James Evans, has put her family’s 6.7-acre waterfront estate in East Hampton on the market for $60 million, the Wall Street Journal reported. The 5,500-square-foot home at 32 Windmill Lane has five bedrooms, six bathrooms and a large living room with cathedral ceilings. Outside is a 50-foot heated pool, 300 feet of private beach and a separate guest cottage with three bedrooms, two-and-a-half bathrooms and its own pool. Evans bought the property in 1986 and built the home, his daughter, Carol Jepperson, told the Journal. The property, which court filings show is owned by a trust in Evans’ name, had been central to his family until his death in 2015, Jepperson said. The family now rarely uses the home, prompting its decision to sell. The two-parcel property is being pitched as a potential teardown due to zoning regulations that permit the construction of a larger home. Frank Newbold, recently tapped by TRD as one of the East End’s leading luxury brokers, and his Sotheby’s colleague Valerie Smith have the listing. [TRD]