Old Greenwich

25 Edgewater Drive, listed at $1,749,500, has sold for $1.9 million. The same house, in the same condition (well, the renovations were newer, was involved in another price war back in 2014, when it was listed at $1.195 and sold to these owners for $1.3.

The property’s in the AE flood zone which has minimum elevations of 13’ and 15’, and the elevation here is 10’, but it hasn’t washed away since it was built in 1947, and probably won’t in the future, so that’s not a problem. What can be a problem, is the town’s stringent regulations promulgated when the global warming mania was just heating up: any further renovation or, God forfend, expansion, will almost certainly require that the house be lifted up on stilts.