Great Expectations, dashed

421 Stanwich Road is back on the active list, now priced at $4.950 million, which is, conveniently, the amount of its mortgage.

A Jordan Saper creation, it sold new in 2000 for $4.7 million, and was up for sale between 2008 and 2010 for $8.250, which would have been a puzzling price had the listing agent not been Tamar Lurie, but Tamar’s always brought a droll sense of whimsy to her pricing.

Town’s appraised it at $6.069 million, so knock another million-and-a-half off our Grand List. At least.