Wainscott’s Iconic Burnt Point Estate Gets a $16M Price Cut

In the Hamptons, Burnt Point is a property that everybody knows about. Originally listed for a jaw-dropping $95 million in 2015, the 25-acre estate later came down to $75 million, but has now received a $16 million price chop bringing the new asking price to $59 million.

Architect Francis Fleetwood built the exquisite shingle-style home in 2000 and the then-owner, trader David Campbell, went on to sell it five years later for $45 million. According to Curbed, this monumental sale made it the most expensive home ever sold in New York State, a record that has now been broken time and time again.

Located on a secluded and lush peninsula on Georgica Pond, the 18,000-square-foot manse boasts eight bedrooms, 12 full bathrooms, and two elevators. Water views impress from almost every room and precious features like 200-year-old antique flooring add charm to the grand abode. While most of the decor reflects classic Hamptons style, the kitchen transports you to Tuscany with rustic, wooden-beam ceilings. Light floods the comfortable breakfast nook, creating the perfect spot to have a cup of morning coffee.

Besides stunning architectural details and carefully designed interiors, the pricey pad offers plenty of dream amenities. Inside, sink into a plush chair in the spacious screening room or host a tasting for friends in the wine cellar. On a sunny day, enjoy hours lounging by the pool or getting competitive on the tennis court.

Frank E. Newbold and Marilyn Clark of Sotheby’s International Realty have the Wainscott listing.