Mansion That Inspired 'The Great Gatsby' Reduces Price By $1 Million

Owners of a mansion that inspired Scott F. Fitzgerald's "The Great Gatsby" have dropped their asking price by $1 million after the home spent more than 250 days on the market, according to Realtor.com.

The home, located at 235 Middle Neck Road in Sands Point, sits on 5.3 waterfront acres in the prestigious village of Sands Point, which was the inspiration for the fictional town of East Egg in Fitzgerald's novel.

The mansion, located at 235 Middle Neck Road, has been reduced to $16,880,000 after spending 266 days on Realtor.com, as of Thursday, Aug. 31. The home was last purchased in 2012 for $6.6 million.

In "The Great Gatsby," Jay Gatsby lives in a mansion in West Egg, which was inspired by Kings Point, across the bay from socialite Daisy Buchanan's East Egg estate.

The listing calls this colonial mansion built in 1926 one of the "most iconic and significant" residences on the North Shore of Long Island.

The French Normandy-style estate offers scaled sun-floored rooms, patios with sweeping views of the Long Island Sound, enchanting gardens, a beach cottage, a caretaker's house, boathouse, tennis court and 391 feet of sandy beach.

Check out the full listing here.

Images via Realtor.com