Will no one rid me of this troublesome house?
/85 Richmond Hill Road is back on the lists again, now pegged at $3.995 million. Although it’s a perfectly preserved example of the mid-2000, 11,000 square foot spec house, it’s had trouble finding buyers. It sold new in 2006 for $7.1 million, was placed back on in 2007 for $8+, failed, sat, and returned to the market in 2010 at $7.650; it took three years, but these owners belatedly arrived in 2013 and paid $4.825 for it, more fools they. They’ve been trying to reverse that decision since November, 2017, when they started at $4.7. Today’s price reflects their lack of success in that effort, but perhaps they’ll finally be rewarded.
But maybe not, not yet. The market for houses of this type thins out as one travels north, and Richmond Hill is about as far north as a Greenwich explorer can go without a dog team. Nanook, where are you?