A historic Port Jefferson, Long Island, property with the perfect summer-weather amenity just got a hefty $2.5 million price cut.

Now asking $5.49 million, this eight-bedroom, 4½-bath home is at 10 Pine Path on a secluded road in the private Belle Terre community — with its own 530-foot beach.

The stately residence, which hit the market in late June for the first time in 50 years, was built in 1906 for Ralph Peters — the onetime president of the Long Island Rail Road.

Fully renovated, the 5,745-square-foot offering sits on 3.79 acres.

It opens with a two-story great room and features a chef’s kitchen, three fireplaces and an enclosed wrap porch.

The sellers hosted parties over the years that included Hollywood stars such as Linda Lovelace.

It was previously owned by Joe Smith of the vaudeville team Smith and Dale, and it was featured in the 1975 film, “The Sunshine Boys.” 

The listing — from broker Linda Rowe of Christie’s International Real Estate — notes that the property can be subdivided to build a second home.