The asking price for this Old Westbury home including a 3,000-square-foot sports complex was recently reduced to $4.995 million.

The sellers had been asking $5.595 million for the 5.59-acre estate, which includes an 8,650-square-foot, nine-bedroom, seven-bath home.

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Known as Five Chimneys, it was built in 1913 and renovated and restored by the current owners in 1994. Updates include a natural gas heating system and central air conditioning, plus a renovated second-floor children’s wing.

Original details include wood floors, 10 fireplaces and the five chimneys for which the home is named.

In 2000, the owners added the nearby sports complex, a two-story building with an indoor basketball court just short of regulation size, as well as a billiard and TV room with a court viewing area, a weight room, a locker room, and a shower and steam room. The complex also includes a full kitchen, integrated sound system and separate men’s and women’s bathrooms.

Outside, the landscaped property has a pool and cabana.

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The property is listed with Sandy Binder of Daniel Gale Sotheby’s International Realty.