“New” listings and one’s in Cos Cob!

8 Pinetum

8 Pinetum

This is an old one, come back yet again with a new price. It tried $2.750 in 2004, $2.995 in January ’08 and now it’s $2.5 million. It doesn’t seem to be the “shingle style” described in its listing but it’s got a nice large lot (2.7 acres), pool, updated house etc. so it should be good. Downside is that Pinetum is off Bible Street and there’s just no easy way to get there without the friends you’re trying to impress wondering how long you’ve been out of work.

If you don’t mind a wee bit of the ol’ babbling brook noise, 638 North Street came up for sale today, 2 acres with a 1940 , 900 sq.ft. cabin on it, for $1.299. That’s probably negotiable but still, pretty cheap for two acres. And a babbling brook. ML # 74046

11 Comments

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11 responses to ““New” listings and one’s in Cos Cob!

  1. Accolay

    “Downside is that Pinetum is off Bible Street and there’s just no easy way to get there without the friends you’re trying to impress wondering how long you’ve been out of work.”

    Harsh, Chris. Cos Cobber won’t be pleased.

  2. Andrew

    How do you compare 638 North with 18 Sandy Lane?

    As you recall, 18 Sandy sold recently for $1.3MM, has 4 acres, professional tennis court, 4800 square feet brick colonial built in 1979.

    18 Sandy also has the noise of the Merritt but it doesn’t have the additional noise of North Street because it is at the end of a cul-de-sac.

    • christopherfountain

      18 Sandy Lane was an exceptional buy, as I said repeatedly. It’ll kill comps on that street, that’s for sure.

  3. xyzzy

    rumor has it that 23 Eggleston Lane finally went to contract.

  4. Andrew

    Christopher…I just searched for your comments about 18 Sandy Lane but I couldn’t see why you call “exceptional buy”?

    It is true that it came on the market in 2007 but so did other houses that are still looking for a buyer. So what makes it exceptional?

    • christopherfountain

      $1.3 for four acres and a good house, recently updated, off Round Hill Road? That’s a good buy. I had a lesser listing which I priced a couple of years ago for $1.8, back when Sandy Lane was at $3 something and I didn’t think it was competition. As it’s price kept dropping though, it made my listing look worse and worse. So yes, I think it was an excellent buy, Merritt noise or not.

  5. Andrew

    and how do you compare 638 North with 407 Round Hill Road which closed yesterday for $1.8MM?

    True it is just north of the Merritt but it is 7 acres and very quiet.

    • christopherfountain

      407 Round Hill was a foreclosed property with a livable, but run-down house. 7 acres, mostly hillside with a flat play area, then some wetlands, then woods which were really overgrown meadows and could be reclaimed. I liked the property very much, despite the celltower at Round Hill Church looming nearby and despite the back lot feel to it. The sale price of $1.8 mm explains a lot to me as to why Weikert New Jersey was impossible to deal with, not returning calls, etc. The price was supposed to be $1.49 yet offers in that amount were never responded to, obviously because they were nursing a better deal. Good for them, good for the bank, but frustrating to those of us trying to find anyone connected with the sale who beieved in fair dealing. Another reason I’m learning to hate short sales and foreclosures. But again, like Sandy Lane, it’s going to whack comparable pricing on Round Hill.

  6. FlyAngler

    Chris: what’s happening on Loch Lane off North near Merritt. Three houses under various stages of new construction. One is moving along (putting in driveway), one looks stalled and one looks abandoned. That last one is of fanciful design with turrets and crenolations. The design is so ideosyncratic that I can’t believe it’s a spec.

    What say you?

  7. pulled up in OG

    Well, you can always sneak in from Dandy Drive during daylight hours.

  8. cos cobber

    Accolay, even I cannot defend lower bible street and cos cob ave. Its a slice of chickahominy that floated in.

    Can anyone tell the story of how bible street got its name. Let me guess, its where the sinaway indians would dump their hugenot (that’s for you fountain) bibles.