272 Riverside Avenue (April contract) sold for $3.7 million, asked $3.850. A client/builder of mine sold two similar houses at 288 and 290 Riverside Avenue in 2008 for $3.8 and $3.850, respectively. In 2010 #290 was sold by Nokia, who clearly just wanted to get rid of it given Nokia’s business difficulties, for $2.850. These sellers also paid $3.850 in 2008 so they lost a bit of money at $3.7, but of 2010′s sales price was any indication of market value then, those prices have obviously come back almost all the way.
Down in Lucas Point in Old Greenwich 203 Shore Road, asking (after reduction) $2.950 has an accepted offer. One half acre is all the land left around this 1904 house but still nice and Lucas Point is, to my mind, one of the best Old Greenwich neighborhoods. Someone is going to be very happy here.