Alec Baldwin relists Hamptons home with a $10M price cut

Real Estate

By Mary K. Jacob

Actor Alec Baldwin’s luxurious Hamptons estate, located at 335 Town Lane in Amagansett, has made a grand re-entrance onto the sales market, and guess who’s stealing the spotlight?

None other than Alec Baldwin himself.

The lavish property, as reported by Behind the Hedges, is now listed for $19 million, marking a $10 million drop from its initial listing price back in September 2022.

This comes after a brief hiatus from the market, as The Post previously reported, with the estate being temporarily withdrawn, only to return with the massive price cut.

The latest listing is accompanied by a 2-minute video showcasing the property, with Baldwin taking center stage.

In the video, he can be seen strolling on the nearby beach and exploring the expansive 10-acre grounds.

“You just can’t get this out here, you can’t buy big pieces of land, especially in Amagansett,” Baldwin, 65, enthusiastically declares in the promotional video.

The Amityville native acquired the estate in 1995 for a mere $1.7 million, and over the years it has undergone substantial expansions.

With two additions in the last three decades, the main home now boasts an impressive 10,000 square feet.

Moreover, the property has approval for the construction of a separate 10,000-square-foot home, in addition to potential expansions for the existing four-bedroom, seven-bathroom residence.

Baldwin initially set the bar high with a listing price of $29 million. However, realizing the evolving market dynamics, he made strategic price adjustments, first dropping it to $25 million at the beginning of 2023, and later to $22.5 million.

The listing remains under the guidance of Saunders & Associates’ Scott Bradley and Michael Cinque.

While the estate takes center stage, Baldwin has been a busy player in New York real estate.

In 2022, Baldwin and his wife, Hilaria, sold their upstate lake house for $530,000.

Simultaneously, Baldwin has discreetly explored options for his Manhattan penthouse in Greenwich Village.

On a more pastoral note, the couple invested in a picturesque 55-acre farm in Arlington, Vermont, for a cool $1.7 million.