An oceanfront estate in East Hampton, New York, which was featured in the classic "ugly baby" episode of TV series "Seinfeld" and in the 1998 film "Deep Impact," changed hands last week for $5.725 million, Mansion Global has confirmed.
The home on Whalers Lane was first listed for $8.75 million in December 2016 with the Corcoran Group. The price dropped to $7.9 million last April and then to $7.4 million in July, listing records show.
More:Hamptons House Made Famous on ‘Seinfeld’ Hits Market for $8.75 million
The sales price represents a 22.6% discount from the last listing price and is 34.6%, or $3 million, off the listing price just over a year ago.
The property has many interesting aspects, said Greg Schmidt of the Corcoran Group, who co-listed the home with colleagues Jackie Dunphy and Tom Griffith.
"The oceanfront home has views from the ground floor, a two-car garage and a pool with a spa. Additionally, it has a three-level bunker used by Coast Guards during the World War II," Mr. Schmidt said.
A home with a history! L.A. mansion, once home to a sex toy maker & later a ‘Seinfeld’ producer, hits market https://t.co/9NPSDO4e48 pic.twitter.com/4J4GaL2oCO
— Mansion Global (@MansionGlobal) January 8, 2017
Surrounded by dunes, the 1.37-acre property comes with direct access to 228 feet of sandy beach. Inside, the 4,000-square-foot, recently renovated residence has four bedrooms, four full bathrooms, one half bathroom and multiple entertaining areas.
Mr. Schmidt declined to disclose the identity of the buyer. The transaction has yet to file with the clerk’s office.
Curbed first reported the sale.