55 Oval in Riverside sold for $655,000. As a kid walking to Eastern my gang, boys and girls, would use the railroad tracks as a short cut (try doing that today) and I always liked the looks of this house, perched high on the overlooking hill. Not much house: one real bedroom and a pretend one, plus a bath, but then, $655,000 in Riverside isn’t much of a price. Foreign (out-of-town) broker, buyer, wouldn’t you know.
And 53 Sterling Road is back again, now asking $5.375 million. A nice enough house I suppose, albeit not my taste, that the owners bought new in 2005 for $5.575 million. Someone foolishly advised them to try reselling it in 2007 for $6.895 and the result was what you’d expect. So they’re trying again.
Like all houses up there on the Bedford border, this suffers from its location. There ought to be a huge market for homes up here from Westchester property owners but I’ve never noticed it, perhaps because Bedford residents tend to be liberals and want to pay three-times the taxes of their Greenwich neighbors. Think Susan Sarandon.
Whatever the cause, no one seems to want to live up here these days. Certainly criminals appreciate Sterling Road as a convenient spot to dump bodies but they rarely turn out to be house buyers, especially after they’re caught and incarcerated.