That’s the word I have from someone who spoke to the guys hauling the staging furniture away yesterday. Another triumph for staging! This house first came on in September, 2005 at $11,750,000 and sat right there for all this time. It’s a decent house, but the land next to it is a vacant pile of dirt and Cornelia itself is a neighborhood of (very) modest homes – nothing like driving past bungalows to reach your $12 million mansion, I guess, especially if you pretend that those are serfs’ hovels and you are the Lord of the Manor.
In the event, no one wanted to pay that much for make believe, so the price has been dropping, dropping dropping. Last price as of May was $6.250, an improvement from the first price but still well above the assessed value of $4.2 million. But someone has struck a deal, so we’ll find out what kind of bargain he got, if he got one at all.
UPDATE: Confirmed – contract just reported on the MLS. Days on market: 1,388, which I think sets a record. Any bets on selling price? We’ve got two here in the office, $4.9 and $4.375. Free drink on Walt at the Round Hill Club to the reader who comes closest.