Curbed reports that "Chateau Aromois", a beautiful East Hampton home built by late value investor Christopher Browne, has sold for $21 million.
It's unclear who the buyer is, but they definitely got a stunning summer home and for much less than the asking price.
The five-bedroom, five and half bathroom home listed by Brown Harris Stevens was initially put on the market for $28.5 million. The price tag was recently reduced to $22.9 million.
Browne, a famous value investor and the co-founder of mutual fund company Tweedy Browne, did much of the lush landscaping on the property himself, according to Curbed. He died three years ago of a heart attack. He was 62.
Here's an aerial shot of the property.
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The home was built in 1998.
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The house features a stucco exterior.
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See the rest of the story at Business Insider