I haven’t seen 423 Stanwich Road yet – it just came across the wire – but it’s described as a 1971 Colonial re-done in 2009 on 2 acres with a pool. Assessment is $4.136 million, asking is $3.995 and it’s possible the assessment hasn’t caught up with the work done this year. Julianne ward has the listing and she has this to say about it:
2009 RENOVATION. 9300 SQ FT INCLUDING THE LOWER LEVEL. ELEVATOR TO ALL 4 FLOORS. NEW MASTER BEDROOOM SUITE, NEW KITCHEN, ALL HARDWOOD FLOORS, GRAND 2-STORY ENTRANCE W/CIRCULAR STAIRCASE & LARGE LANDING, KITCHEN/FAMILY COMBO W/FIREPLACE, BUILTINS & FRENCHDOORS TO DECK & POOL & POOL HOUSE. LEVEL LAND, CIRCULAR DRIVE W/GATES. FULL FINISHED LOWER LEVEL, 3RD FLOOR W/EXERCISE ROOM, FAMILY ROOM, GAMEROOM, LOTS OF STORAGE ROOMS. LARGE ROOMS W/CIRCULAR FLOW & WONDERFUL ENTERTAINING SPACES
Again, I haven’t seen it yet, and sometimes (this will shock you) listing descriptions exaggerate a particular home’s charms, but the location’s okay (just north of Londonderry) if it isn’t impacted by the Merritt and the price looks good. We’ll find out next week.
UPDATE: I did a drive by: only a realtor could describe this as a “Colonial” but “New Jersey Special” would be off-putting here in Greenwich, eh? And I hope that’s stucco on the exterior, not Dri-Vit, or the house isn’t worth much at all. But the inside might well be beautiful and then all will be well.
Chris, as long as synthetic stucco is properly installed (which a lot isn’t–an inspection will dictate whether or not the exterior is) then it is no problem at all. Is there some kind of misperception among buyers/realtors about this? I know I wouldn’t be opposed to a stucco home.
I looked into for a client once Accolay and there were so many things to do like monitoring with a moisture meter every year that it seemed not worth the bother. On the other hand there is probably just as much to do with a clapboard house, and no one does them.
I used to live at 423 Stanwich road. Obviously we moved, but I just wanted to say I grew up there and basically in all the years I have lived there we never had to do any sort of maintenance on the exterior. If that is what you guys are talking about at least.. haha
I loved living there, though. Very relaxing.