Miramax co-founder Harvey Weinstein and Marchesa co-founder Georgina Chapman have lowered the price on their Hamptons estate. The duo had listed the property at $13.5 million, but recently dropped the price to $12.4 million.

Known as Broadview on the Bay, the estate on Gardiner’s Bay is crowned with a rambling shingle-style revival home. The construction dates to 2000, and the home exhibits much of the character that makes a classic Hamptons shingle-style so timeless. Charming eccentricities along the façade of the home include a series of chimney stacks, each unique, a grand turret, a second floor balcony, and an eyebrow dormer window. The lot is romantically landscaped for a borderline overgrown look of forests and rolling lawns, making the retreat a lush haven and a naturalistic hideaway spanning nearly two acres in Amagansett. Beautiful.

The interiors are the expected blend of classic period appeal and contemporary style, with simple hardwood staircases, built-ins, fireplaces, wainscoting, and abundant glass including many sets of French doors. The cherry-finished hardwood floors are variable-sized plank, and tile is used as well, varied again for the classic look; a screened dining room is floored in slate.

Concessions to contemporary taste include an entertainment room with a wet bar, a screening room (natch), and modern kitchen and baths. The master bath’s alcove tub with skylight is especially appealing, although the kitchen, which is in an open floor plan with the dayroom and family room, balances cottage simplicity with extravagance artfully.

In all, 9,000 square feet. Seven bedrooms, seven full baths, and three partials.

Weinstein and his brother Bob sold Miramax to Disney in the early 1990’s; in its independent heyday, the production and distribution company specifically sought out literate films and directors much as Sam Spiegel had a generation before.  The Weinsteins founded The Weinstein Company in 2005.