25 Lockwood Drive, Old Greenwich sale price reported

25 Lockwood was listed at $2795, went immediately to contract, and sold Friday for $3.010 million. The property is in the AE flood zone, but the house itself has been here since 1916 and hasn’t floated away yet, so that’s probably not an issue. Besides, down here it’s more the streets that flood, not the houses themselves, and those agents who like to give their buyer/clients a housewarming present (I'm not generally one of them) usually present them with a Zodiac and a pair of paddles, so who’s to complain?

As an aside, I note that, although this house sold for $1.875 million in 2005, the town still appraised it at $1,670,00 in 2023. There are probably some adjustments to be made in the next town-wide reappraisal due …soon.

evacuation day