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Waterfront Osterville Mansion Drops Its Price to $8.775M

When we first wrote about this Osterville mansion back in January 2013, the 17-room spread had just debuted on the market looking for nearly eight figures. This week, the North Bay Road abode lowered its expectations.

To refresh, the 1.4 acre property is located in tony Oyster Harbors and features views of Cotuit Bay, a private sandy beach, manicured grounds, an in-ground pool, and hot tub. Built in 1970, the 9,103-sq.-ft. seven bedroom, eight-full and two-half bath residence with fireplaces (and wallpaper) galore has been updated with a chef's kitchen, custom built-ins and French doors to a brick patio. The original $9,995,000 ask has now been sliced four times by the pricechopper and 248 North Bay Road is now yours for $8,775,000.

· Listing: 248 North Bay Road, Osterville [Robert Paul Properties]
· A Whale Magnet Hits the Market in Osterville, Asking $9.95M [Curbed Cape Cod]