Hamptons mansion price-chopped to $65M

From The Real Deal: The owners of a French Chateau-style mansion in Southampton Village are stepping up their efforts to sell the property, and dropped the asking price from $75 million to $65 million.

The 9,200 square foot home at 317 Murray Place sits on an approximately 3.5 ocean-front lot, the Wall Street Journal reported. The stucco home features four bedrooms and includes an elevator, wine cellar, fireplace with mantels and other materials imported from Europe. The zoning allows an expansion of the house by roughly 18,000 square feet, which would make it one of the largest homes in the Hamptons. [more]