Flood zone contract

6 Heusted

6 Heusted Drive

Hmm – 6 Heusted Drive, Old Greenwich, reports a contract. Asking $1.075 million. That’s about what a small house in OG would have fetched before Sandy, so I guess buyers don’t care.

I note that “Improvements in 2012 include: New roof and siding, new gas furnace and hot water heater, rebuilt chimney, new 200 amp electric service and panel.” I wonder if those were made because Sandy’s winds and salt water prompted them or just because the owners felt like it? I’m not being facetious here – I really don’t know.

 

30 Heusted Drive went up in altitude, if not in price

30 Heusted Drive went up in altitude, if not in price

Heusted

9 Comments

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9 responses to “Flood zone contract

  1. Patrick

    The flood insurance on this must be at least $25,000. Maybe they are tearing down?

    Have you seen the two new builds across from each other on Mortimer ? They must be at least 11feet in the air.

    • Don’t forget, people have lived here on this street for almost a century now, without anyone drowning- maybe a few boilers every decade or so, but hey – the price you pay. If these owners like it the way it is, it’s not a bad price to live in a great neighborhood in OG.

  2. so

    It’s a lovely neighborhood if you don’t mind the steps after lifting the house. Walk to school, shops, RR, water…

    • My personal preference would be to either live there in a non-complying house, as is, or find another neighborhood. The idea of climbing 18 flights of stairs with groceries lacks appeal.

  3. AJ

    Now the house and the tree fort are one, cool.

  4. ts

    “That’s about what a small house in OG would have fetched before Sandy, so I guess buyers don’t care.” – That’s surprising if the home is impacted by FEMA restrictions.

    Question: What short of haircut is reasonable when there are “wetlands” restrictions (rather than FEMA) impacting most of .25 acre property (e.g., most of property within 25 feet of “wetlands” so impacted)?

    For example, a 1.2 million home with the Disclosure “wetlands” question checked “yes” vs one checked “no”?

    I’d guess 50-100K less.

    • the Flood Room could have made a nice garage, instead of having to park across the street. would vehicle storage impede the flow of high velocity tsunami waves or could they be considered “break away” like the roll up doors?

  5. Anon

    If you build that high the air do you still need flood insurance in CT?