Television personality Kelly Killoren Bensimon has dropped the price again...

Television personality Kelly Killoren Bensimon has dropped the price again on her Further Lane estate in East Hampton. The price as of Oct. 4, 2012, is now $6.999 million. Credit: Handout

Reality TV star Kelly Killoren Bensimon has dropped the asking price of her Hamptons home again — this time to $5.5 million.

The former “Real Housewives of New York City” cast member’s East Hampton estate had been on the market for $12 million. It was later reduced to $8 million, then most recently to $6.999 million, says Enzo Morabito of Prudential Douglas Elliman Real Estate’s Enzo Morabito Team, which is listing the property.

“We feel it’s absolutely now a sellable price,” says Morabito.

Bensimon says she had to slash the price to get the house off her hands.

“I’m a working single mother,” says Bensimon, an author and model.

She built the Further Lane house -- one of the Hamptons’ most exclusive addresses --  with her former husband, fashion photographer Gilles Bensimon.

“I can’t afford the lifestyle I did when I was married,” she says.

The Bravo cable TV reality show has featured the five-bedroom, 5.5-bath home several times. The master suite includes a fireplace and a terrace. Staff quarters are included within the 5,800-square-foot house. The 1.2-acre property has a heated pool as well as a pond.

Bensimon, who now lives in Manhattan with her two daughters, says she hopes to buy Hamptons property again someday. “I love Long Island,” she says. “I’ve been going there since I was 16, so it is home.”

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