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Kennedy Compound House In The PriceChopper Hall Of Fame

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A Hyannis Port property located within the Kennedy Compound has officially entered our PriceChopper Hall of Fame. The oceanfront estate was listed for the first time in 2010 with a $13.5 million asking price. At the time, it was considered one of the most expensive summer homes available. Two years and three major pricechops later, the sellers have brought the asking price slightly closer to earth. The property is now listed at $4.9 million, more than 60% off the original asking price.

Built in 1928, the seven bedroom home overlooks Nantucket Sound and includes a guesthouse as well as a private beach. The compound is located on a private road with a seasonal security guard, no doubt there to ward off the inevitable tourists, paparazzi and random interlopers.

· Listing: 27 Marchant Avenue, Hyannis Port [Robert Paul Properties via Zillow]
· Most Expensive Summer Homes 2010 [Bloomberg Businessweek]