One of the most famous Nantucket Estates (known as Swain’s Neck in Polpis Harbor) originally hit the market last May at $59,000,000. Recently, the price tag has been reduced to $47,500,000.

The priciest single family home on the market in New England, Swain’s Neck sits atop 75 wooded acres with manicured lawns and two fenced in horse pastures. The 7,856 sq. ft. main home boasts five bedrooms, while there is also a two-bedroom guesthouse, a boathouse, two moorings, and a two-bedroom apartment attached to the gatehouse.

Photos courtesy of Curbed.