North Fork farm and vineyard gets it priced chopped down by $3.5M

A North Fork property spread across 147.5 acres that holds a vineyard and a farm has had its price cut by $3.5 million, Behind the Hedges reported. Now on the market at $16 million, the sweeping property at 4455 Oregon Road in Cutchogue contains a 2,200-square-foot home set atop a bluff overlooking the Long Island Sound, according to the New York Post. The home, built in 1982, also has a large master suite, a fireplace, a pool and 1,390 feet of beachfront. The property’s 26-acre vineyard grows six types of grapes, including Chardonnay, Merlot and Pinot Noir. “It’s extremely rare. It has nearly 1,400 feet of waterfront, the largest in the North Fork,” listing agent Marianne Collins of Brown Harris Stevens told the Post last year. “Interest in this type of estate has really grown in the last year or so.” The Real Deal reported in May on the North Fork’s hot property market. In April, late movie mogul Michael Lynne’s Bedell Cellars in Cutchogue listed at nearly $17.9 million. And earlier this month, Newsday reported on another 17.5-acre Cutchogue farm hitting the market at $3.5 million. [Behind the Hedges]