No way to mask it, the current panic is doing to our high end inventory what nothing could before: move it.
/1 Old Round Hill Lane, a very nice Kaali-Nagy home that’s been on the market since June 2016 when it started at $8.495 million, has finally got a contract. Current ask is $4.795.
This was the first Kaali-Nagy designed house I saw when I was starting in this business back in 2002, and I was delighted by it because Kaali-Nagy somehow achieved what so few builders of mega-houses were capable of back then, homes with rooms matching human dimensions. In other builders’ spec homes, master bedrooms were sized like airplane hangars, living rooms would fit 50 of one’s closest enemies, and one would look in vain for a room to be comfortable in. Kaali-Nagy could do that and still does, others couldn’t and still don’t.
So I’m glad this house has found a new owner who’ll appreciate it.