Twenty-one Cary Road, one of the bungalows put up as temporary veterans housing in 1946 and in this instance, left untouched since, sold for $425,000. Maybe I should have alerted that realty show producer looking to follow buyers around Greenwich as they looked for homes in the $3-$600,000 range about this one; most of the rest of the country would have found it entertaining to see what a dollar buys in Greenwich.
23 Shore Acre, Old Greenwich, sold for $1,562,500, on an asking price of $1.599. This wouldn’t sell in 2011 when it was priced at $1.949 but it moved quickly with its new price this spring. I keep wondering why people are paying so much to live in the OG flood zone but obviously the banks aren’t concerned, so why am I?
And up in the backcountry 135 Taconic Road has a contract despite an asking price of $14,950,000. That’s a price drop from its $17.5 million 2012 ask but still, not chump change. The demise of the white elephant has been overstated. A Jordan Saper creation – I don’t like them but so what; buyers do. This has already sold twice since it was built, for $9.087 in 2001, $11,460 in 2005 and now $14 +. Lots of renovations/improvements put in between those price increases, mind you, but still, the Saper design appeals.
And a buyer in a slightly more modest price range has an accepted offer on 47 Sachem Lane, in Cos Cob – $1.095 million. Is the Taconic Road owner downsizing? His agent won’t say.