Alec Baldwin has put his pastoral estate in the Hamptons back on the market, accompanied by a new and significantly trimmed down price tag.
The multi-acre compound in Amagansett, New York, is now asking $18.995 million, $10 million less than the original $29 million price tag that was attached to the home when it debuted on the market at the tail end of 2022.
This isn’t the first time Baldwin, 65, has sweetened the deal. He first dropped the asking price to $24.9 million in January of last year, then again to $22.5 million that March, listing records show.
The New York Post first reported the home’s return to the market on Tuesday.
Baldwin has called the place home since the mid-1990s, when he purchased it for $1.75 million, listing records show.
“I fell in love with this place the moment I came here,” he said in a promotional video that accompanied the latest listing.
“You just can’t get this out here anymore, you can’t buy big pieces of land, especially in Amagansett,” he added. “I’m always happiest when I come here, especially this time of year. I love it in the winter time.”
At the center of the estate is a more than 10,000-square-foot farmhouse, which dates to 1740 and has been expanded and updated since.
The five-bedroom home boasts features including an eat-in kitchen, a movie theater, a wine tasting room and a wood-paneled library. Plus there’s covered porches and two balconies that overlook the surrounding nature reserve.
Outside, a custom pavilion with a fieldstone fireplace is joined by a gunite pool and spa, as well as a fenced vegetable garden.
“When you’re here, it’s hard to miss what makes this property so special: an absolutely stunning hilltop estate surrounded by acres of reserve with wide open skies and soft ocean breezes,” said listing agent Scott Bradley of Saunders & Associates.
But “there is more than meets the eye here, a lot more. The buyer can build an entirely separate 10,000 square foot home,” he said, noting that the existing home can also be expanded.
“This is a once-in-a-lifetime opportunity to build a generational compound in Amagansett,” Bradley said.
The Emmy award-winning Baldwin, who couldn’t immediately be reached for comment, is best known for his role in films like “The Hunt for Red October” and “The Departed.” His TV resume includes a starring role in the sitcom “30 Rock” and he regularly portrayed Donald Trump on “Saturday Night Live.”
In April of last year, prosecutors in New Mexico dropped involuntary manslaughter charges against Baldwin in the fatal shooting of cinematographer Halyna Hutchins on the set of the movie “Rust.”
Baldwin, the producer and lead actor in the Western film, was handling the gun that discharged, killing Hutchins and wounding the movie’s director, Joel Souza, in October 2021.