When a house isn’t really for sale

 

Leaning Tower of Lockwood?

Leaning Tower of Lockwood?

29 Lockwood Avenue in Old Greenwich, asking $3.495 million, has once again been withdrawn from the market.

Built by New Canaan developer Rick Girouard who was a widely respected builder until he was put away for bank fraud in 2010 , it’s a very nice house, although the choice to sacrifice a backyard for a pool probably wasn’t smart, but clearly the marketplace disagrees with the owners’ opinion of value, and neither will budge: buyers won’t buy it and the owners won’t cut their price. This has been going on for years, just about since the house was bought new for $3.1 million in 2005, and I believe the price has dropped $100,000 in all that time.

It is, of course, a property owner’s unfettered right to sell only at a price of his choosing, but it’s also the right of a real estate agent not to waste his time showing a house that’s not really for sale.

So it sits, until next time.

9 Comments

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9 responses to “When a house isn’t really for sale

  1. pulled up in OG

    “LOVELY UNDISTURBED ACREAGE TO THE RIGHT OF THE HOME . . . ”

    Kinda hard to come by on a 0.40 lot, no?

  2. Anonymous

    a 3.4 mm for a 3700sqft…10 year old house…crazy builder

  3. Anonymoose

    When a house isn’t really for sale, why don’t brokers just refuse to be the listing agent? Is there no such thing as a broker telling the seller, no, that will not be the price, hence I will not list it for you?

    O/t: Will we be waiting for The Hillary Clinton Presidency before FF can get off his can and make Lockwood and Mead website happen? I thought some kid was helping him. Did that kid ask for payment or something? I clicked on the website yesterday, on the page that says our listings. Can you say blank? Nothing. Nada. Zippo.

    • Rick

      <When a house isn’t really for sale, why don’t brokers just refuse to be the <listing agent? Is there no such thing as a broker telling the seller, no, that <will not be the price, hence I will not list it for you?

      What have you been smoking? Asking an DIRT MONGER I mean Real Estate Agent to pass up a listing is akin to asking a addict to pass up a fix.

  4. The Duke of Deception

    The Duke wonders if Ruthie Jones visits Rick in the slammer.

  5. Anonymous

    I thought this house was rented for the past several years. Might explain why it keeps being pulled from the sale market. Doesn’t the owner live nearby?

    • It does get rented on and off, yet it keeps being listed for sale too. I suppose the large rental income helps sustain them in their “make me move” pricing. Again, I don’t care what they do, it’s their house, but I certainly won’t waste my or my clients time showing the place.

  6. Question

    I don’t understand how the HS fuel is gas
    But the hot water fuel is oil!
    Can that be true?