Bridgehampton home sells at steep price cut amid series of local trades

A waterfront home on a 1.8-acre property sold for $10 million amid a quartet of sales in Bridgehampton, according to 27east. The 3,500-square-foot home at 422 Dune Road had initially hit the market for $16.5 million in 2016, but late last year saw its ask cut down to $12.95 million, according to Trulia. The property has now been sold by a limited liability company called Three Waters to another LLC, ML Bridge, per 27east, which cited sales data from the Real Estate Report. The Dune Road home has four bedrooms, four-and-a-half bathrooms and a pool on a patio with a spiral staircase leading up to a rooftop terrace. Saunders & Associates’ Terry Cohen, who came in at No. 4 in The Real Deal‘s recent ranking of top Hamptons luxury brokers, and Mark Greenwald had the listing. Nearby, 27east reported that Penny and Robert Lieberberg sold a six-bedroom home at 748 Ocean Road to an LLC called Yankees 18 for a little more than $8.9 million. Built in 1999 by Fountainhead Construction and designed by Scott Phillips, the property has a pool, pool house and an underground passage that links it to a 3,800-square-foot barn with its own media room and guest quarters. The Corcoran Group’s Susan Breitenbach also recently sold 114 Rose Way for $5.05 million, while Compass handled the $4.2 million sale of 114 Lockwood Avenue, according to 27east. [27east]