In 2015, a whopper of an Upper East Side home hit the market for a mind-boggling $50 million, warranting the respectful title the “Gold Coast.” The opulent home is currently owned by Japanese philanthropist and billionaire Bungo Shimada but it’s struggled to entice a buyer and has been off and on the market for more than a year.
In September 2015, the 19th century mansion was listed by Sotheby’s at the initial $50 million asking price before having $8 million shaved off of its ask in July of that same year. Apparently, someone decided that $42 million was too much of a bargain because the home is back on the market, asking $45 million, reports The Real Deal.
Designed by Parish & Schroeder and built in 1898, the magnificent space ihas six bedrooms, more than seven bathrooms, two galleries, a wine cellar, solarium, and even a card room linked to the library via a secret tunnel.
The listing has also changed hands from Sotheby’s to Brown Harris Stevens along with a set of new, less enticing photos.
- Japanese billionaire re-lists UES manse for $45M [The Real Deal]
- Listing: 7 East 76th Street [Brown Harris Stevens via StreetEasy]
- Upper East Side Mansion With Secret Tunnels Seeks $50M [Curbed]