Size, location, design: three strikes, you're out.

After starting off at $1.795 million in October, new construction at 18 Scott Road (Banksville border) has taken a second price cut and is now looking for $1.688. It’s proving a tough sell, deservedly.

Maxed out by FAR at 2,428 sq. feet, including the finished (sort of) attic, it lacks both a basement (built on a swamp) and a garage, and that first floor will appeal only to a childless couple nostalgic for their former NYC studio.

As for the exterior design? Well, it matches the quality of the interior, so it has that going for it.

The builder (unwisely) paid $423,000 for this lot in October 2023, after it had lingered on the market since beginning at $675,000 in February 2022. Perhaps he was persuaded that he was getting a bargain at such a discounted price; I do hope he wasn’t swayed by the listing agent’s florid prose, quoted below, but I fear he was.

There’s one born every minute.

Calling all builders! If you're looking for an incredible opportunity to build a custom home in one of the most desirable areas of Greenwich, then 18 Scott Rd is the lot for you. This flat perfect rectangular lot comes with approved building plans for a spacious 2428 sqft home on .43 acres, featuring 3 bedrooms plus an office and au pair/playroom with 3 1/2 bath. Pool Approved Site. Existing well and utilities already on-site, this is a shovel-ready project just waiting for your expertise. Design plan can be altered by architect but site plan can not be changed. Approvals for building, septic, highway, and zoning permits are all in place, meaning that you can get started on your dream home right away. Approved minimal drainage requirements equals cost savings...

You can build with confidence that your project will be successful. Located on a quiet cul-de-sac within close distance of shopping, markets, and community services, this lot is also just a short distance away from both public and private schools, public golf courses, and nearby private clubs. Easy access to downtown Greenwich, Stamford, and NYC, you'll enjoy all the benefits of a prime location. Don't miss out on this opportunity to create a custom home that perfectly fits your vision. Call today to schedule an appointment to walk the property and start building your dream home in Greenwich!