Hat tip, EOS: 781 Lake Avenue profiled in WSJ, without mention of its original $17 million asking price
/Today, 781 Lake Avenue can be yours for just $8.775, and our own GMLS records show a relatively brief listing history, beginning in 2017 at $10.950 in September, 2017. EOS, who brought the WSJ article to my attention, also cites the Zillow history to show that the place started at $17.350 back in May, 2015. According the article, the owners claim to have sunk $9 million into renovating their 2002 purchase of $6.8 million; if that’s anywhere close to an accurate figure, the eventual sale of this property may yield relief, but certainly no joy.
Funny thing about disappearing records. I know that I wrote about this house back then, and yet I can’t locate my post. I suspect that the post disappeared when I switched blog host and lost my archives, but what’s our multi-listing service’s excuse?
(As several readers have commented, however, it is a beautiful home, regardless of its pricing history. I shudder to think of annual maintenance costs, but I suppose that comes with this price territory)