Owners of 32 Dairy Road paid $4.5 million for the place in 2008 and made the following improvements:
CONCEIVED & EXECUTED BY AN INTERIOR DESIGNER ADD’S & EXTENSIVE MODIFICATIONS HAVE RECENTLY BEEN COMPLETED. A 2ND FLR ADD W/BR SUITE OFFICE & PLAYRM/GYM, NEW KITCHEN, ALL NEW BATHS, CAL CLOSETS THROUGHOUT, CRESTRON SYS, NEW TELEPHONE SYSTEM, NEW SEPTIC, CUSTOM DESIGNED KOI POND W/NEW FILTRATION. THIS IDYLLIC HAVEN W/EXTENSIVE NEW LANDSCAPING. NEW POOL & WATERFALL, NEW POOL HSE, TERRACES & VINE COVERED PERGOLA & NEW CUSTOM AWNING OVER TERRACE.
Asked $5.495, got $4.4.
At least this owner didn’t put anything into his purchase except for a heated driveway. Paid $2.5 for it in May, 2007, and sold it yesterday for $2.1 150. Even after commissions and taxes, he got off lucky.Owners of this Old Greenwich ranch asked $1.695 for it in May, 2009, sold it yesterday for $1.250. I wonder how many buyers they lost between listing it and selling it?