Now with a suggested price of $4.7 million, "or bring your best offer". Unsaid is "please".

766 Lake Avenue, on the market since February 2023 when it started at $5.375, has been lowered to $4.7, with an OBO appended. Unsurprisingly, It is also offered as a 4.85-acre building site.

The house is from the Portfolio of Regrettable Design, and hasn’t improved over time. I was a bit shocked when it sold for $4.375 in 2007, but then, a lot of 2007 prices astonished some of us in the business. Not all Greenwich houses have returned to that year’s peak, as demonstrated here.