11 Winding Lane announces still another price reduction and is now asking $7.2 million after 1,653 days on the market and an original asking price of $9.975. To me, and obviously to everyone who has seen this house except for its owner/seller, this is a pure land deal: 3 acres in a very convenient location in the RA-2 zone. So what’s an oversized lot worth here? $3.5 million, I’d estimate. Look for this one to be available in another 4 1/2 years. It might just set a record for futility in the Greenwich market.
On a brighter note, 28 Loading Rock in Riverside’s NOPO region has dropped from $2.895 to $2.095 and looks much better with a slimmer price. This house was built in 2006 and overlooks the Mianus River with the association beach and boat launching area just a couple of hundred yards away. It sits up high, across the street from the river so I wouldn’t call it “waterfront” even though the listing broker does but it has great views. Nice house, now, and I’d look at it if I were shopping in the almost-two range.