39 Shore Road, Old Greenwich, new construction sold for $2.512 million after starting at $3.295 351 days before. I do recall suggesting privately to a reader that $2.5 was a number that should take this. Not a bad house at all, well built, but smallish and on a busy street. But for this price, not a bad deal.
44 North Stanwich also finally sold and for $6.3 million, close to what they paid for it: $6.000 in 1994, so that wasn’t a home run. Asked $8.9 at the start of this run 530 days ago.
26 Bramble Lane, on the other hand, asked $3.395, went to a bidding war and accepted an offer of $3,497,419. This was a great house and I praised it here (after first recommending it to my own clients). The owners bought it for $3.725 back at the top of the market in 2007, so I thought they were really smart to start at a significant discount from that number. As is evident, the market rewarded them for being so realistic.
And Swamp Vue Hollow, 610 Lake Avenue asking $975,000 has an accepted offer. This is a difficult piece of land, as you might guess from its price, so I’ll be curious to see what someone can make of it. Can’t beat the location, just a little bit north of the Round Hill Road intersection.
9 Dingletown is one of three listings showing up today, and it’s priced at $4.975, down a bit from yesterday’s price of $5.850. That first price couldn’t move it; perhaps this one will. Sold new in 2004 for $4.3, it’s probably safe to assume that improvements were made since then. I remember it as a decent house without much yard.
18 Pinecroft wants you to pay $7.250 million, a substantial increase over the $6.5 paid for it when it was new in 2004. Again, improvements made since that purchase have pushed up the price. Good interior but, to me, the exterior brings to mind Davey Crockett battling to the end at the Alamo. Could appeal to movie buffs, I suppose.
And returning to Riverside, 8 Bradbury is once again for sale, now asking $2.850. Sold for $2.875 in 2008. Your call.