Well that didn't work out so well

Oops!

Oops!

186 Shore Road, on the way to Tod's Point, sold yesterday for $5.5 million. New in 2010, it sold for $6.625, and, after improvements/additions, was returned to the market in 2013 at $7.995. It's a gorgeous house, but located right on one of our busiest (sunrise to sunset) streets, and has a neighbor in what was once its back yard, conditions that caused some of us at the time to question that 2010 price, and to laugh at it in 2013.

Location, location, location.