A real price cut

Photoshoppe, 186 Shore Road old greenwich

And that's unusual in Greenwich's real estate market, so all the more welcome. 186 Shore Road, Old Greenwich, dropped today from $6.795, where it's been firmly lodged for the past year, to $5.995 million. Will that do it? I don't know, but at least it signals that the owners would like to sell.

This was a Mark O'Brian house, built in 2009, priced at $7.995 and sold in 2010 for $6.625, and was, and remains, a very decent bit of construction. It has its difficulties: frontage on a busy (when the beach is open) road, neighbors, with driveway, between it and the water, but the design works really well, including glass wall doors that fold to create an open flow between the interior and the terrace outside, creating a great environment for summer parties. I wasn't at all surprised that it sold for what it did..

But these owners, after adding a small pool, put it back up for sale in 2014 at $7.995, thus repeating O'Brian's mistake.  It's sat unloved ever since, despite dropping a million to $6.995 in 2015. Ellen Mosher's had it since 2016 at $6.775 and knowing Ellen, that probably wasn't her suggested price. Today's cut should help her cause. 

No, i have no idea what purpose the bamboo wall is supposed to serve, but those glass walls to the left disappear, and that's pretty cool

A photoshopped animal skin on the floor, yet it still hasn't sold! I'd demand my money back.