One contract, two sales

14 Tinker Lane

14 Tinker Lane ($3.8 million) contract after 21 days. No huge surprise here, as it’s a nice house on beautiful property and sited at the end of Tinker, well away from the Merritt Parkway; some of the properties closer to Lake can’t claim the same thing. This sold for $3.764 million in 2015 for $3.764 after just 40 days, so this would seem to be less of a COVID phenomenon and more of a regular, decent-house-in-Greenwich sale.

206 Stanwich Road

206 Stanwich, new construction discussed here earlier when it went to contract back in May, has closed at $5.650 million. Maybe a beneficiary of Kung Flu, it was under contract after 67 days.

7 Loch Lane

And 7 Loch Lane has sold, for $6.9 million. Someone probably made money here, but not the original builder, who paid $2.950 for the land in 2004, began construction of this monstrosity, and almost immediately ran into money difficulties. It was listed for some years at $13.950 million, but potential buyers were likely deterred by the fact that the project had been abandoned, and unpersuaded by the builder’s promise that he’d come back and finish the work if they paid him.

In any event, it was the bank who bought it, for itself, sold it to a third party who completed it and has now sold it. I’m surprised someone took the plunge here; aside from the design, which some might find off-putting, the place sat empty and open to the weather for over a decade, which is never good for a building. It obviously passed inspection, but I personally would have been wary.

But the neighbors on Loch Lane must be delighted to see it finished and occupied, even if some were probably hoping it would just disappear and something different erected in its place.

Circa 2010