Another big sale reported

October contract, December closing. 156 Taconic Road (near its intersection with the northern terminus of Stanwich) has sold for $4.895 million. Not the $6 million it was looking for, but a substantial sum nonetheless.

A typical modern mansion: 14,000 sq. ft., though 4,000 of that is buried underground, stone facing in front, clapboard where they ran out of money on the sides and in the back, the listing claimed it was “ a top value for square foot in Greenwich”, and it sold, so I guess the agent knew her market.

Back in the glory days I sold some houses in the mid-to-high $7s up here, which seemed like good buys, considering that they’d started in the $10s, but those bargains aren’t looking so good right now.