We'll probably see more of these
/Back in 2016 the owners of 65 Clapboard Ridge Road put it up for rent at $35,000 and four months later settled for $26,000. Last week they tried again, at $39,000, and got it immediately. Closed yesterday at full price.
The owners paid $10,000 for the house in 2007 and have been trying to sell it since 2015, when they started at $11.9 million. The sales effort has been unsuccessful despite steady price-cuts, but its appeal as a temporary refuge from the crowded streets of Manhattan has certainly soared in tandem with the rise of Kung Flu.
And there are a lot of big, empty mansions in the backcountry, each sited well away from the festering crowd. Watch for a parade of newcomers at Whole Foods and Citarella.
UPDATE: From this morning’s Hot Sheet;
UPDATE: Prediction confirmed
4 Keofferam Road, Old Greenwich. Offered at $15,000 for short term rental four days ago, rented at $20,000 today.