Down we go

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17 Hawkwood Lane, which sold for $2..925 million in 2006, has reduced its price today to $1.599.

The driveway suggests what’s in store for the visitor

The driveway suggests what’s in store for the visitor

Hawkwood is a good location and street, and No. 17 will certainly find a buyer, eventually. But another property that took a price cut today, 3 Gaston Farm Road, is not so fortunately situated. Its owners paid $1.70 million in 1990 ($3.4 in current dollars) and today dropped to $2.250, with room to fall from there. Dated, 1988 construction, too big — 9,000 sq. ft., and too remote; what’s the market for this type of house these days?

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