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Last week, the Corcoran Group took over the listing for

Shorewood Manor, the eight-acre estate on Shelter Island once owned by the

family of former Gov. Hugh Carey. This week, Corcoran's Peter McCracken, who

now represents the property with Cee Scott Brown and Jack Pearson, has

announced a price reduction to $24.9 million. That's roughly a 25 percent cut

from the asking price of $33 million that developer Chris Knight had been

seeking after buying it for $10 million.

CAUSE TO CACKLE. After two years of talks, the Peconic Land Trust closed

last week on the 25.5-acre Cackle Hill estate on Shelter Island, plus 1.4 acres

of waterfront land with a dock. The deal was a co-exclusive with Corcoran

Group and Brown Harris Stevens.

As part of the $7.3 million agreement, the land will be subdivided. The

rear 17 acres, a wooded area, will be transferred to the town and Suffolk

County to be preserved permanently.

The remaining acreage - including waterfront property, and a six-bedroom,

six-bath farmhouse with a 100-foot screened-in wraparound porch - is being

listed for sale for $5.5 million.

Cackle Hill, named for the 3,000-chicken egg farm that operated there for

about 30 years beginning in the 1940s, has had a succession of owners. The home

was renovated in the '80s by former Vogue editor and public relations

executive Kezia Keeble and her husband, John Duka, who married there in 1985.

Current owners, Jan and Bill Pike, have owned the estate for 10 years.

Corcoran's Penelope Moore, who listed the property, says the Pikes did not want

to see the land developed and were "delighted" at the outcome of the sale.

The acreage being preserved is directly opposite Itzhak Perlman's summer

music camp and near the Pridwin Hotel. Actress Julie Kavner and hotelier Andre

Belasz also own homes nearby.

FAMILY KITCHEN. House Beautiful's October "kitchen of the month" belongs to

designer Eldon Wong, who created a sleek "all-purpose room" rather than a

traditional kitchen for his Bridgehampton home. "As soon as you walk into my

house, you see the kitchen from the entryway. So I wanted it to look more like

a family room ... a multifunctional space that we can use 24/7," he tells the

magazine. To create the look, Wong played down the appliances and cabinetry.

The island is made of two steel drafting tables with an improvised frosted

glass top. "Nothing stains it, not even red wine," he says.

PARKER'S HOUSE. Designer Donna Parker has built a local following on the

East End with her stores - Donna Parker Habitat Ltd. in Water Mill, an antiques

emporium, and Donna Parker East, a jewelry and clothing store in Bridgehampton.

Now Parker is selling her five-bedroom Southampton Village home for $3.5

million, says Deborah Srb of Sotheby's International Realty. Srb says the home

immediately appealed to Parker's design sensibility. "It called out to her. It

was an instant fit. It's a very bright, happy home and that is what she

responded to."

Parker has added her own touches, such as plantation shutters on the

interior windows and accents of bright colors like pink in the living room and

bright tangerine in the bathrooms, giving the place a "St. Bart's" feeling, Srb

says.

The 3,650-square-foot home has 4.5 baths, two fireplaces, a heated Gunite

pool and gardens that face west to take best advantage of the afternoon sun.

Srb is also representing designer Adrienne Vittadini's $7.6 million Water

Mill home.

COUNTRY STYLE. Actress and comedian Amy Sedaris told Newsday last week that

she loves the beaches on Long Island's East End, but joked, "The first time I

went to the Hamptons, I felt like everyone was playing country. ... They'd be

all dressed down but then you'd go into the market and they'd be selling goat

cheese."

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