No sooner did I complain about a lack of inventory, then a mortgage-insensitive home shows up

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I Indian Chase Drive, a (tidal) waterfront mansion is in the process of being “reimagined”, and offered at $27.950 million. We’ll hope that this re-do fares better than the original 1911 house did during its 7 years on the market, who it started at a Tamar price of $20 million in 2014 and finally sold to this builder for $6.620 million in 2021.

original 1911 version

But wait, there’s more! Low-end buyers who are worried about the new mortgage rates will perhaps be tempted by this new listing in Belle Haven, 33 Byram Drive, priced at a migrant-friendly $15.995. Built in 1894 and owned by this seller since 1977, it’s been updated since — the listing claims 2019, but one should always be cautious with realtor-supplied renovation dates because often aa flexible term. Still, it’s in a popular location and decent neighborhood, so worth checking out, especially by Martha’s Vineyard Episcopalians looking for a place to store their new groundskeepers and maids until they’re needed next summer.

33 Byram Drive