8 Hobart Drive, built on speculation (and a small plot of land) in 2008 and originally asking $7.8million, sold at a bank-dumped price of $3.675. I thought this was a good house, designed by Greenwich architect Aris Crist and located in an excellent neighborhood, but the builder was dreaming when he set his price and so was Patriot Bank when it loaned him $4.888 million. Oops.
When good spec houses go bad
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That had to be the best buy in Town – looks like a beautiful house.
GW
It’s off Glenville Road…ugh..one of the worst streets in Greenwich…too many New Yorkers heading to Greenwich going 100 mph..very bad.
Hey 24601, you ever think they are Greenwich residents heading to New York??? Bedford is infused with CT plates, flying through the Village Green. Here’s “very bad” back’atcha! 🙂
Its absolutely laughable that someone thought this site could command $8MM house, even at the height of the RE boom in 2006/07. Its a fine design, however the quality of the house far exceeds the quality of the lot.
Kind of a strange looking one. Looks like it was designed not to waste any FAR credits. Still, that’s a ton of house for the money and a sweet location.
Well done ot the architect, the interior is great.