Five reported, from a 1949 steel ranch in Cos Cob for $725,000 to a bidding war on Ford Lane, Old Greenwich, that closed at $5.6 million.
58 North Street sold for $3.170 million (asked $3.795) and that seems just about right. An 1888 home, right on North and with its yard chopped off and sold years ago, but a real charmer. I liked it very much and so did my clients but they decided it “was too large”, a refreshing attitude for Greenwich buyers. They’ll be building new around the corner.
127 Havemeyer Place sold for $1.5 million which had to be a sale hastened by the hot breath of a lender blowing on the developer’s neck. Bought in 2007 for $1.2 million, far more than $300,000 went into this total renovation so in-town developers beware: things aren’t improving here, yet.
39 Willow Road in Riverside, however, shows that Riverside (and Old Greenwich – see next paragraph) are flourishing. This house might fairly be considered a pure land sale, whether the buyers stay in it or not. $2,477,300, which is better than its asked-for price of $2.950, but really – really?
7 Ford Lane, Old Greenwich, sold new for $4.450 million in 2003, asked $5.450 this time around and went immediately for $5.6 million. it’s perched high above the water which means Hurricane Sandy left it unaffected. Got a rubber boat to get in and out and you’re set.
And then we have that steel ranch house at 4 Cedar Lane in Cos Cob, $725,000. Don’t know what exact form that steel was shaped in but being Cos Cob, the new owner will probably beat it into (snow) plowshares. And good for him.