We've been following this home's downward path since it hit the market last fall; here's the latest installment

2 Edgewood Drive has cut its price to $11.1 million, down from $11.750. Back in February, on the occasion of the home’s third price, cut I wrote the following:

The owners of 25 Edgewood Drive paid $12.250 million for it in December 2021 but soon tired of it — blinded by its all-white interior, perhaps — and last August they placed it back on the market, unchanged, for $14.250.

It’s possible they felt they’d scored a coup on their original purchase because the house had initially asked $14.880 in 2020, but the market apparently feels that it was fully-priced then and remains so; this morning the owners trimmed its price back to $12.500.

We first pointed out this property’s aggressive pricing ambitions in October of last year “ A Modest House, But Then, It Has Much to be Modest About; and again this past January: Price Cut; and again in February: Too Soon? ; nothing’s changed since then except the price.