Here’s a good buy in Old Greenwich

1 Sylvan Lane

1 Sylvan Lane

I liked this house back in 2003 when it sold for $1.750 million. I also liked the renovations the new owners performed in subsequent years but thought that their asking price of $2.6 million in 2006 was ridiculous. So did the marketplace, apparently, since it wouldn’t sell, but now it’s been dropped to $1.699 and I’d snap it up if I were in that price range. Assessed value is $1.599, but you could pay up a bit from that and be just fine.


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4 responses to “Here’s a good buy in Old Greenwich

  1. Love your posts on OG RE but this is off base. House should be knocked. Land value is closer to $1m. Enjoy your Italy!

  2. Ack_man

    do you think 2 Tomac is even better ?

    • christopherfountain

      I think 2 Tomac (Court) is a great house but I’ve been amazed and disappointed by the number of my clients who won’t consider it because of the Colonial-era graveyard next door. Most say that they aren’tafraid of no ghosts, but are worried about resale problems. Given the refusal of this place to sell, they may be right but someone is passing up a well built, comfortable house for a good price because of a handful of 300-year-old headstones. Seems nuts to me, but there you have it.

  3. pulled up in OG

    How foolish. You couldn’t ask for better neighbors.