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Actor Alec Baldwin’s luxurious Hamptons property, situated at 335 City Lane in Amagansett, has made a grand re-entrance onto the gross sales market, and guess who’s stealing the highlight?
None aside from Alec Baldwin himself.
The lavish property, as reported by Behind the Hedges, is now listed for $19 million, marking a $10 million drop from its preliminary itemizing worth again in September 2022.
This comes after a quick hiatus from the market, as The Submit beforehand reported, with the property being quickly withdrawn, solely to return with the large worth minimize.
The most recent itemizing is accompanied by a 2-minute video showcasing the property, with Baldwin taking heart stage.
Within the video, he could be seen strolling on the close by seaside and exploring the expansive 10-acre grounds.
“You simply can’t get this out right here, you may’t purchase massive items of land, particularly in Amagansett,” Baldwin, 65, enthusiastically declares within the promotional video.
The Amityville native acquired the property in 1995 for a mere $1.7 million, and over time it has undergone substantial expansions.
With two additions within the final three a long time, the primary dwelling now boasts a powerful 10,000 sq. ft.
Furthermore, the property has approval for the development of a separate 10,000-square-foot dwelling, along with potential expansions for the prevailing four-bedroom, seven-bathroom residence.
Baldwin initially set the bar excessive with an inventory worth of $29 million. Nevertheless, realizing the evolving market dynamics, he made strategic worth changes, first dropping it to $25 million initially of 2023, and later to $22.5 million.
The itemizing stays below the steering of Saunders & Associates’ Scott Bradley and Michael Cinque.
Whereas the property takes heart stage, Baldwin has been a busy participant in New York actual property.
In 2022, Baldwin and his spouse, Hilaria, bought their upstate lake home for $530,000.
Concurrently, Baldwin has discreetly explored choices for his Manhattan penthouse in Greenwich Village.
On a extra pastoral notice, the couple invested in a picturesque 55-acre farm in Arlington, Vermont, for a cool $1.7 million.
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