Price cut in mid country
/11 Vineyard Lane, dropped today to $8.895 million. It was purchased for $9 million in 2008, completely and expensively restored, and returned to the market in 2011 priced at $9.950. The owners have had it on and off the market ever since, interrupted by several rentals.
It was once a grand old house, built in 1930, but somewhere along the way someone made the unfortunate decision to add a Dutch gambrel sort of appendage, which hurts both the eye and its resale value, but that pimple could probably be popped by a bulldozer in less than a day.
Beautiful grounds and a great, close-to-town street. As listing agents like to say, "great potential".
Good luck with that $8.895 price tag, though.