Never thought it would happen, and certainly not at this price, but the place finally sold

45 FARWELL LANE

45 Farwell Lane, way, way up north, has not only sold, but it sold for $4.8 million. Wow.

The owner paid $3.850 for it in 2010, and claimed to have sunk millions more into it before relisting it in 2011 for $8.250. When that didn't work, she raised its price to $9.150 a few months later, and it's been lingering, and dropping in price ever since.

The lesson here is that there's almost always a buyer for Greenwich real estate, you just may have to wait five-or-six years for him to appear.