HOUSE OF THE DAY: Deutsche Bank Exec Now Selling His Southampton Mansion For A Discounted $25.8 Million

385 Great Plains Road

Photo: Sotheby’s International Realty

After letting it languish on the market for four years, Kevin E. Parker, global head of Deutsche Asset Management (who stepped down from the bank’s executive committee in May), has chopped the price on his Southampton estate from $30 million to $25.8 million, according to Curbed Hamptons.It seems that Parker is really fed up, since he has also switched real estate agencies from Corcoran to Sotheby’s International Realty.

The house has 10 bedrooms and sits on over three acres of prime Hamptons property. The 13,000-square-foot mansion also includes eight full bathrooms, a gym, a wine cellar, an all-weather tennis court, and both main and service driveways.

An aerial view of 385 Great Plains Road from above, including the tennis court, salt water pool, and manicured lawn.

A view of the staggering main entrance and gravel driveway.

The service entrance has its own separate driveway in the back of the house.

The estate sits on 3.4 acres of land in Southampton.

A look at the 50'x20' heated salt water Gunite pool, spa, and shower.

The pool shares a cabana with the sunken all-weather tennis court.

Dutch doors open into the airy entry hall.

The living room is huge with windows that look out onto the driveway.

A beautiful breakfast nook with hanging lantern.

The dining room is especially grand with decorative wallpaper, chandelier, and surrounding art.

The over-sized kitchen includes a butler's pantry and granite-topped island.

The kitchen eating area is homey with a fireplace and doors opening towards the backyard.

A library filled with books and plush furniture to read in.

A look at one of the 10 bedrooms, complete with four-poster bed and chaise.

Another room filled with books and a working fireplace.

An upstairs child's room is decorated with a smaller bed and gingham carpeting. There is also a playroom downstairs.

And, of course, a separate gym area in the 13,000-square-foot mansion.

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