Hitting a new low — so far

88 Cedar Cliff Road, Riverside, has been marked down to $14.750 million, a substantial discount from its April 2022 suggested retail of $25 million.

Coincidentally, a previous broker for this house set its initial price of $25 million, and was also the person who priced a house on Clapboard Ridge Road at that same number in 2013. Clapboard Ridge sold, finally, in 2017 for $9.650. We’ll hope for better things for this one.

(I wrote about this property back when it took its first price cut, to $22.5 million, in February 2023: When you absolutely, positively don't have to leave there overnight)