The Hamptons estate of late hedge-fund trailblazer Jack Nash has sold for $27 million, $11.5 million less than the original 2014 asking price.

The early 1900s Water Mill property’s sale closed in late October, and Sotheby’s International Realty disclosed that there were multiple bidders.

The 6-acre estate features a six-bedroom shingle-style main house with staff quarters and a guest house with more than 500 feet of Hamptons’ Mecox Bay frontage. A dock, swimming pool, and tennis court are also on the premises.

The home remained in the Nash family for more than 30 years before Nash’s wife Helen was able to accept the recent offer.

Photo credit: Jake Rajs