Actor Alec Baldwin has put his vast home in Amagansett, New York, back up for sale, this time with a substantial price cut, in a calculated attempt to find a new owner for his lavish Hamptons mansion. Relisted for an astounding $18,995,000, the gorgeous 10,000-square-foot contemporary farmhouse on a spacious 10-acre site was once listed for $29 million. Baldwin’s willingness to sell the home is demonstrated by his personal participation in a video pitch, which coincides with the decision to lower the asking price.
The Hamptons property, which is represented by Scott Bradley of Saunders & Associates, first went up for sale in September 2022. But a year later, it was temporarily withdrawn from the market after failing to find a buyer within the expected timeline. The actor is actively participating in the sales effort, and the significant price modification indicates that Baldwin and his team are now starting a new campaign to draw in potential customers.
In the advert, Baldwin stands on the expansive property, fervently asserting his close ties to the Hamptons. He remembers how he fell in love with the area’s charm the first time he set eyes on it. Baldwin recalls spending time at the local beach and occasionally dozing off beneath the stars, among other nostalgic recollections. He uses the advert to highlight some of his past homes in the area, even if it doesn’t give viewers a look inside the estate.
The home itself, with seven bedrooms and various upmarket facilities, is a monument to luxurious living, even without considering its celebrity past. The property’s grandeur is enhanced with a wood-paneled library, wine-tasting area, and movie theater. The outside area is similarly stunning, including a screened-in porch, multiple balconies, a welcoming pool and Jacuzzi, and the ideal backdrop for taking in the nearby wildlife preserve. Baldwin highlights how uncommon it is to find such a large tract of land in the Amagansett region, hinting to potential purchasers that this is a special opportunity.
This sale coincides with Baldwin’s decision to transfer his principal home to a 55-acre farm in Vermont, indicating a substantial shift in his real estate holdings. Even though Baldwin says in the advert how much he loves the Hamptons, it’s clear that he’s eager to sell this specific house, considering the significant price decrease and his active participation in the sales process.
The Hamptons real estate market is renowned for its high-profile deals, but it is unclear if the revised price range will draw in a fresh group of prospective buyers. However, one thing is certain: the actor is keen to leave his Hamptons home behind.
Prospective purchasers will have the opportunity to purchase a piece of celebrity real estate at a much-reduced price when the home reenters the market. Seeking to attract those looking for a taste of Hampton’s grandeur, the Amagansett mansion is designed to impress with its amenities and Baldwin’s personal touch in the sales presentation, but it remains to be seen if his calculated price reduction will result in a lucrative sale in the very competitive Hamptons real estate market.
