
A few years back, East Hampton's own 'White House'--the all white colonial on the corner of Woods Lane and Main Street--hit the market for $50 million. Despite its iconic status, the house failed to convince even the looniest of purchasers that an in-town location warranted such a high price. We don't know if it ever sold.
Now, the Gardiner Estate is looking to do just what the White House couldn't: Trade for an obscene amount of money in spite of its Main Street address. So is there a shot that this thing closes for anywhere near its $29 million asking? It's possible. After all, the Gardiner Estate's 5-acre spread affords more privacy than the lesser parcel on which the White House stands. And if that doesn't cut it, Hamptonites usually jump at the opportunity to make headlines with their real estate purchases.
Does anybody know who owns this thing?
Gardiner Estate, Corcoran
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