11 Park Avenue, Old Greenwich and asking $2.495 finally reports an accepted offer. Not a bad house but pretty standard spec builder construction that seemed boring to those I showed it to. Here’s what I said after its first year on the market.
This is a perfectly nice house in Old Greenwich, built in 2004 and sold in 2005 for $1.960 million. When the present owners listed it for $2.895 last July, I suggested that its price seemed a tad steep for something that, at least according to its listing, had had nothing done to it since they bought it. I heard back on that but it concerned the sellers’ hurt feelings and nothing about the price. Well the house didn’t sell, it was yanked off the market a few months later and then put back on at $2.795 in January. Today it’s been marked down to $2.695, which is an improvement, but I, at least, think that it can go down a bit further. Of course, if there’s another out-of-town buyer out there, all bets are off, and for the sellers’ sake, I hope there is.