Matt Lauer Slashes $2M From Price of His Sag Harbor Estate

Matt Lauer

Gilbert Carrasquillo/FilmMagic

Today anchor Matt Lauerhas had a tough time unloadinghis Hamptons estate. On the market for more than a year, the property had another price slice, according toBehind the Hedges.

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.

Exterior
Exterior

Corcoran

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.

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