Matt Lauer’s Sag Harbor Estate Gets a Significant Price Cut

An aerial view of the 25-acre estate.Despite its bucolic setting on 25 acres of private grounds in Sag Harbor, Matt Lauer’s estate has failed to entice buyers. The Today host first offered the property last year at $16.995M and it has now gotten a significant price cut to ask $14.9M.

Corcoran’s Susan Breitenbach represents the listing, which tells of the star-studded team responsible for the house and its grounds. Architect Daniel Romualdez imagined a structure inspired by a New England shingled cape and interior designer Muriel Brandolini filled it with custom touches including hand-painted Gracie wallpaper in the dining room and a limited edition Emmanuel Babled chandelier in the eat-in kitchen. The 25 acres of park-like rolling lawns featuring outdoor terraces and patios, an oversized gunite pool and a Har-Tru tennis court are the work of landscape architect Miranda Brooks.

The dining room features hand-painted Gracie wallpaper. Exposed beams add a beachy vibe to the living room. A wood burning fireplace anchors the master bedroom. A pergola shades the al fresco dining area.