A massive Hamptons estate just got a $30 million price cut: Photos

A massive Hamptons estate just got a $30 million price cut. It's now asking $145 million. The 42-acre estate, called Jule Pond, was previously listed at $175 million, which made it the most expensive home for sale in the Hamptons at the time.The property includes 1,350 feet of beachfront, a 20,000-square-foot main house, a guesthouse, a 20-foot pool, a greenhouse, tennis courts and basketball courts, a hot tub, and a garage with room for at least six cars.It's been on the market since at least August 2017.Visit Business Insider's homepage for more stories.The most expensive home for sale in the Hamptons just got a $30 million price cut.Previously listed at $175 million, making it the most expensive home for sale in the Hamptons at the time, the Jule Pond estate in Southampton is now asking $145 million.Jule Pond, which was once part of a larger property called “Fordune,” hit the market for $175 million in August 2017, almost two years ago. The 42-acre estate was originally built for Henry Ford but has reportedly been owned by portfolio manager Brenda Earl since 2002.Cody and Zach Vichinsky of Bespoke Real Estate hold the listing.Jule Pond's recent price cut means it's no longer the most expensive home for sale in the Hamptons. That would be another Southampton property that's listed for $150 million.The current record for the most expensive home sold in the Hamptons was set by hedge funder Barry Rosenstein, who bought an East Hampton property for $147 million in 2014. At Jule Pond, the main house has 20,000 square feet of space, 12 bedrooms, and 12 bathrooms. The property also includes tennis and basketball courts as well as a greenhouse and about 1,286 linear feet of oceanfront.Take a look at the $145 million estate.