A home in Sag Harbor is on the market for $6.99 million, and that price includes a dose of history.

The property, at 117 Main St., was built in 1790. Known as the Peleg Latham House, in honor of the merchant who first occupied the home, it is one of two federal-style homes on Sag Harbor’s Main Street.

The five-bedroom home is 4,312 square feet and was completely renovated in 2008.

The home features exposed wood beams, seven custom brick fireplaces and hardwood floors. The first floor features a living room, a formal dining room, and an eat-in chef’s kitchen with double ovens and a butler’s pantry.

French doors lead to a brick patio and backyard pool.

The seller is the family of the late John Louise, a longtime Clairol executive.

The listing brokers are Anthony Cerio and Mitchel Natter of Brown Harris Stevens.