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Gatsby-esque Mansion on Long Island Gets $15M Chopped Off its $100M Asking Price

Waterfront estate includes 18 bedrooms and 32 bathrooms

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A waterfront estate evoking "The Great Gatsby" that boasts a spectacular mansion, two guest houses and every amenity imaginable just lost its status as a cool nine-figure property with a $15-million price chop. But its $85 million price tag is still eye-popping.

The eight-acre estate is located in Kings Point, Long Island, an affluent community built on old money and thought to be an inspiration for the town of West Egg in "The Great Gatsby" by F. Scott Fitzgerald.

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"The community has a Gatsby feel to it," said Paul Tyree from Laffey Fine Homes International Realty, who is co-listing the property with Mary Stanco.

The main stone mansion was built in 1928. Together with two additional mansions serving as guest houses, there are 18 bedrooms and 32 bathrooms with a total of 60,000-square-foot living space.

Current owner Helene Abiri made necessary restorations and upgrading on the property after purchasing it three years ago. "Now it has a lot of beautiful inlaid marble work throughout the entire house, but each room has its unique feature, either a bowling alley or a shooting range," said Ms. Abiri, who owns a real estate management company.

"Views of the Manhattan skyline, waterfront and the Throgs Neck Bridge are incredible," said Ms. Abiri, who uses the property occasionally.

There are many water scenes throughout the property, including fountains modeled off of the Peterhof Palace in Russia, indoor and outdoor pools, an indoor lazy river, hot tubs and aquariums. But Ms. Abiri added more. "I know water is important in creating excellent feng shui, as water brings money," she said.

Indeed,  "The Estates at Kings Point" was picked as one of the world’s best feng shui mansions from the listings on Mansion Global in 2015.

More:The World’s Best Feng Shui Mansions

There are many statues scattered around, including a full-size replica of Michelangelo's "David," according to Mr. Tyree. The property also includes a tennis court and a dock extending into the Long Island Sound that can hold a number of yachts.

Ms. Abiri declined to disclose the price she paid for the estate. According to public records, the property last changed hands for $15.85 million in 2013, when she was the buyer.

Ms. Abiri put the estate on the market last August, with an asking price of $100 million, according to current co-listing agent Ms. Stanco.

Write to Fang Block at fang.block@dowjones.com