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Former Lehman Brothers CFO Lists East Hampton Estate, Again

This is the third time since the fall of Lehman Brothers that Erin Callan has tried to unload 7-bedroom house.

Former Lehman Brothers' CFO Erin Callan has listed her East Hampton Village home on the market — yet again — according to Curbed Hamptons

The 1912 Joseph Greenleaf Thorpe-designed house is back on the market for $3.95 million.

Saunders Real Estate describes the 7 bedroom, 5,500 square feet gambrel-style house as being recently renovated with "elegant panelling and molding thoroughout," harmonizing the original home and new additions. There is a "grand staircase to second floor sleeping chambers," a professional kitchen, informal dining area, formal dining room, and bay windows overlook the rose garden. It also includes a heated gunite pool and 2 acres of expansive lawns and garden vineyards.

After Lehman Brothers collapsed in 2008, Callan listed the house for $3.75, but it was pulled off the market a month later, according to CNBC. In February 2009, it was listed for $3.95, and the price dropped to $3.6 million, only to be taken off the market three months later, CNBC reported. 

For more photographs on Curbed Hamptons click here.

Will it sell this time? 

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jmm May 18, 2013 at 06:59 am
my understanding was that the dogs were hit by a car upisland not in Montauk
bernette May 17, 2013 at 11:38 am
well after the town board meeting last night the way i see it is the whole town is affected andRead More everyting and everyweek is some one getting away with out paying , we have familys of teenagers sharing rooms with there parnets and siblngs , cause the cost of living , hmmm but no matter where you go it cost money , teachers have there work cut out for them if they have to spend 50 dollars to buy stuff its there choice , well what it boils down to is the childern parnetns rather drive cars and have nice clothes and fancy jelws than spend 5 or 1o dollars to pay for pens for there kids to go to schoo.also i dont feel the familys see what education really is is a free babysitting service thats my feelings ,
Liz Robertson May 18, 2013 at 05:53 pm
no. i've put up signs, left phone number in neighbors mailboxes and searched nearby roads by bike.Read More maybe she will show up at someone's house when she gets hungry. thanks for asking.
Taylor K. Vecsey (Editor) May 18, 2013 at 03:23 pm
Any luck, Liz?
Mrs.Susan Grimshaw May 17, 2013 at 08:33 am
Looking forward to meeting lots of Great White Shark Fans at the Montauk Star Island SharkRead More Tournament. S.G.
Taylor K. Vecsey (Editor) May 14, 2013 at 09:29 am
Yes. The town is in the final stages of review with the FAA. While they were hoping to have it upRead More and running by Memorial Day weekend, it looks more like the 1st of June.
debbie geppert May 10, 2013 at 08:58 pm
or you can also contact us through the Debbie Geppert Catering web site at www.DGCatering.com
Taylor K. Vecsey (Editor) May 10, 2013 at 11:07 pm
That's great. From what I understand, no one lodged a complaint with the town. Seems after I called,Read More a few phone calls were made and they carted it off.
jmm May 10, 2013 at 06:02 pm
Just went to the beach and it appears to be gone! Thank you Taylor!
jmm May 10, 2013 at 01:24 pm
Thanks!