Regis unloads
/Regis Philbin has sold his house at 56 N. Stanwich Road for $4.015, down quite a bit from his 2008 purchase for $7.2 million. But at least it sold quickly, 88 days, which matches Philbin’s own years on this planet. Listing broker Joe Barbeiri must have listened to his client’s desire to just get rid of the place because he listed it at just $4.595 and got the job done. Good work, Joe.
In fairness to Regis, that $7.2 figure he paid in 2008 was on an initial 2006 asking price of $9.275 million, and he was probably lulled into thinking (not by Joe, who didn’t represent him in the deal) that he was getting a bargain. Oops.
And poor Regis — his experience with Greenwich real estate has not been a happy one. He bought his previous house at 38 Meeting House Road from Warner Wolf in 1992 for $3 million, renovated it and put it back up for sale in July 2008 at $5.9 million, finally selling it three long years later for the same $3 million. I was told from those who watched his show during that period that he often humorously moaned about the damn thing’s refusal to sell, which may explain why he cut to the chase so quickly on this one.
Anyway, I’m glad for his sake that he’s rid of a house he no longer wants, though I hope he’ll stay in town. I’ve never met the man but many in town have during his decades here, and I’ve always heard only very complimentary things about him. Greenwich can use all the nice guys it can get.