Nice street, but talk about suburban sprawl

31 Meadowcroft Lane has cut its price to $3.995 from $4.395 million, but will that do the trick? Before Mark Mariani and other spec builders invaded, Meadowcroft was one of the most beautiful roads in Greenwich, and it’s still nice, albeit diminished. And the three acres here have retained their charm. But what’s a 10,000 sq.ft., stretched-out ranch house worth?

The previous owner paid $6.395 for it in 2004, for some reason, and tried selling it for that same number in 2014 before finally throwing in the towel and selling it to these owners for $4 million in 2017. I don’t think the next buyer will make this one’s mistake.

I wish I liked this house more, because I have a buyer for whom the ground floor layout could work, especially with the separate lodging above. But I have no idea what’s going on with the barn-living room thing, the kitchen is dated, and why the hell someone built another huge playroom off the garage is a mystery.

The town values the land at $1.8 (the previous owner unsuccessfully offered it as a land sale at $4.495 from 2016-2017), and the structure at $2.83. I think the land value’s good, maybe even a bit low, but I don’t see the improvements adding an extra $3 million to the package.