EXCLUSIVE: Alec and Hilaria Baldwin Slash Yet Another $1 Million Off Price of Their Beleaguered Hamptons Mansion

Alec and Hilaria Baldwin have reduced the asking price of their Hamptons mansion by another $1 million, bringing the current listing to $20 million. This marks the latest in a series of price adjustments for the Amagansett, New York property, which was initially listed for $29 million in September 2022. Over the subsequent 16 months, the price was incrementally lowered, reaching $18.99 million by January 2024. Despite Alec Baldwin's personal video tour highlighting the home's features and family memories, the property remained unsold. The Baldwins subsequently delisted the home in October 2024, with Hilaria Baldwin telling The New York Times in August 2025 that the family found it difficult to leave the estate due to their children's happiness there. However, just four months after this statement, the couple relisted the mansion with updated photographs and a revised asking price of $21 million. The current $1 million reduction signifies their continued efforts to attract a buyer for the five-bedroom estate, which has been a focal point for their family life. The property's prolonged presence on the market and repeated price drops suggest a challenging sales environment for high-value real estate in the Hamptons or a specific difficulty in finding a buyer aligned with the Baldwins' valuation and emotional attachment to the home.