Matt Lauer Lowers The Cost Of His Beach House To A Low $12.75 Million

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Disgraced “Today” host Matt Lauer has slashed the price of his estate in the Hamptons to the low price of $12.75 million. While the home still costs more than a neighborhood block of mansions, Lauer stands to lose a lot of money on the property. He has slashed $5 million off his asking initial price since 2016, a sum that would buy a very nice home on its own.

Lauer reportedly bought a $33 million property from Richard Gere and is looking to unload this, his Hamptons estate. Compared to that property, this Sag Harbor estate looks like a quaint cottage.

We can only afford to drool over the picturesque real estate photos of the 8,000 square foot, 6-bedroom, 8-bath property. The home is set on 25 secluded acres and features a heated pool, pool house, wet bar and, naturally, a tennis court.