A reader tipped me off that 329 Riversville Road is being auctioned on line with bidding to close on January 12. Current bid, $819,000.
This is that abandoned project right beside the Merritt Parkway. It’s been sitting there, unfinished, for a looong time so who knows what condition it’s in (I can guess, though). Auction notice says the property is being sold “as is, where is”, which means two strikes against it. I wouldn’t give it a third chance, but maybe you might; if so, beware – this may very well be that rarest of commodities in Greenwich, a property that has no value. Whoever has bid $819,000 is in line to lose his money.