62 Vineyard Lane sold for an even $10,000,000. This one was off my radar – contract date of December 7th but I never saw it or, it’s possible it wasn’t reported at the time – it happens.
60 Meadow, in Riverside, sold for $3.565. That’s impressive.
4 Weston Hill, also in Riverside, is finally under contract. I always liked this house but couldn’t get my clients to bite. Now someone has.
UPDATE: Our old family friend (the late) Kit Wright’s cottage on Pear Lane in Belle Haven is reported sold at $10,000,000. This was a wonderful, quirky little house but its location on Greenwich harbor made it subject to all sorts of onerous coastal regulations and I doubt you could do anything to it because of them. The notice on the MLS says “sold direct” which means it sold (without a commission – damn, that hurts) to a buyer who had expressed interest in the property before it was listed and thus excluded from the listing agreement.
I’m just speculating here but I know that Kit’s neighbor, the Egyptian fellow who was uncle to the kid who got killed with Princess Di, had a standing offer to buy her place and thereby reunite the original manor with its staff quarters. This place started at $16.5 million a year or two ago and – again, I do not know the facts of the matter - I’d wager the heirs got tired of waiting for someone to show up who would pay that much money and went with the standing, lower offer.
Something Disneyesque going up at 8 Alpine. Anyone know if this is a spec house?
According to my partner Fudrucker, it’s a spec.
I guess ma santry, who loved her garden, has left a nice nestegg for her now unemployed I-banker son Peter. What ARE? the taxes on a $10 million sale for heirs to split up?
Where can all the mesothelioma victims and poor widows who breathed in all the asbestos from Santry Combustion Engineering boilers made in the 1930′s to 1960′s line up to get a piece of this 10 million?
re the meadow road sale I rest my case on the state of the market – far better than the doomsayers believe it is. That house will need quite a bit of updating.
further to that, I predict a very vibrant market into the summer of 2010 – maybe not price wise, but definitely volume wise.
one more further, I drove by 62 Vineyard, lovely 1930 stone manse, 9,000 sq ft, tennis court, might be a pool in back but didn’t see it, rocky outcropping, very little flat lawn. I have some knowledge of the deal, the buyers are going to gut it, probably spend $2 million. Fully priced if you ask me, and then some. Vineyard is a weird lane, flooded badly in one spot, ugly chain link right up along much of it, some very nice houses, but a very gloomy back-woodsy lane. Shows there is always a house for someone.
always was wet and narrow road and mosquito filled and potholes but great houses…even mike franco, an old time builder stuck a house for himself in there somewhere, smallest house in the nicest neighborhood, nice old guy, sorry he is not in the business anymore, many have slowly been torn down and made new again. even keith funston, once chair of am stock exchange and trinity college pres post wwii lived in one of the old stone homes near zacc mead. interesting folks in there and they love it.