The Sag Harbor, NY,home, situated on 25 acres, was listed for $18 million abouta year ago. The price was later reducedto $17 million; it’s now downto$14.9 million.
The estate, with lush landscaping, features an 8,000-square-foot, two-story home with six bedrooms, six baths, an eat-in kitchen with center island, and great room with cathedral ceiling and wood beams.
But it’s the exteriorthat takes your breath away. The rhododendron-lined driveway leads to a fire-engine-red entry door. The backyard features terraced lawns and formal English gardens, a heated gunite pool with pool house and wet bar, and Har-Tru tennis court.
Lauer listed this propertylast July after buying theStrongheart property from actorRichard Gere.
Gere also struggled to sell Strongheart. He drastically reducedthe initial list price of $65 million to $36.5 million in May 2016. Lauer then closed a deal in short order last summer.
The post Matt Lauer Slashes $2M From Price of His Sag Harbor Estate appeared first on Real Estate News & Insights | realtor.com.