One of Montauk’s iconic “Seven Sisters” is back on the market at a new, lower price. The historic home on Deforest Road in the Hamptons is now available for $11.95 million.

Back in 2016, the list price for the historic 3,800-square-foot residence on 2.3 acres was $18.5 million. Over the years, the price has been reduced four times, in an effort to coax a buyer to step forward. The latest figure represents a 35% price drop from the peak asking price, and the listing agent believes the number is now right on.

“I think this is going to get it done,” says the agent, Rylan Jacka.

The four-bedroom, 3.5-bathroom home was built in the late 1880s as part of a planned summer community. The land baron Arthur Benson and the architect Stanford White designed seven cottages, each with a cliffside location near the easternmost tip of Long Island.

Frederick Law Olmsted, the celebrated landscape architect, picked the sites for each of the homes, based on their views. Jacka says this home offers the best vistas.

“It’s an elevated site, so you have 360-degree views. To the south, it has a 180-degree view of the ocean,” he says. “Behind you, to the north, you can see all of the bay, and it’s all reserve behind you. So in the summer, there are all kinds of birds everywhere. It’s a spectacular location.”

The seven homes are built in the Shingle style and are all listed on the National Register of Historic Places.

“When you’re driving into Montauk, and coming down the hill, you see these seven houses sprouting out of the hills. It’s an iconic vista,” Jacka says.

The current owner has had the property since 2012, and has overseen extensive restorations.

The result is a classic-looking house with lots of architectural details, original wood floors, great windows, and plenty of outdoor space.

“The second-floor balconies off the two main bedrooms are spectacular,” Jacka says. “It does kind of feel like an old house, but it was sited to take advantage of the ocean views, so you walk in and see the ocean.”

If a buyer wanted to make a few modifications, architectural plans do exist to build a pool.

While the exterior of the home has remained the same over the decades, the kitchen isn’t original.

“None of the houses had kitchens, because they all went to the main clubhouse. They would congregate, eat, and socialize in the clubhouse, and then go back to the house, which was really just for sleeping,” Jacka explains. “The kitchen was sort of added on as an afterthought, so it’s not a big, huge kitchen open to the family room, as people build today.”

Even so, it’s a gorgeous space with a large island, high-end appliances, and a sitting area with a view of the ocean.

The bedrooms all have lovely views and are relatively simple in terms of design and decor. For warmth, there are a total of six fireplaces throughout the house.

About a hundred acres of nature reserve surround the property, so Jacka says the home will remain private and remote—a factor a discreet buyer will certainly appreciate.

“[It will be] someone who appreciates historically significant architecture, and it is very unique in its privacy. Montauk doesn’t have too many places where you can be completely isolated from any neighbors, and that’s how this is.”

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