After several years on the market, an East Hampton artist’s studio once owned by Elaine de Kooning has finally been sold.

The 1.2-acre property was first listed in 2007 for $2 million. The latest asking price was $999,000, and the home is listed as “in contract” on the Prudential Douglas Elliman Real Estate website.

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The 2,500-square-foot studio is currently owned by abstract artist Richmond Burton. Scrap-metal sculptor John Chamberlain also once worked there. In addition to the studio, the dwelling features 2,900 square feet of living quarters, including three bedrooms and a solarium.

Prudential’s Josiane Fleming and Robin Kaplan are the listing agents.

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Elaine de Kooning was a painter and art critic who died in 1989. She married abstract expressionist Willem de Kooning in 1943. The couple separated in 1957 but never divorced. She moved into the home in the late 1970s and is said to have created her “Bacchus” paintings in the studio there.

Willem de Kooning lived in nearby Springs. He died in 1997.