Old houses are still staying put

137 Old Mill Road has cut its price and as of today, can be yours for just $5.8 million. This 1929 house was last renovated in 1984, and shows it. Ogilvy ran the listing from 2014 until recently, and he valued at $11.5 million. That proved unduly optimistic; perhaps the current broker’s price will be closer to the mark, although I think it is still aspirational.

Charming house in every way, but the market is headed in another direction.