548 Stanwich Road has taken another price cut and is now asking $6.8 million from its opening salvo last February of $7.9. The owners paid $6.450 for it in 2002 and even though it looks as though they poured a lot more after that into improvements, it probably seemed like a bargain at the time because its builder had originally priced it two years before at $9.8.
This is a pretty amazing house, if you like this sort of thing. Built by Jordan Saper, who does good work even if not to my taste, it’s got 10,800 sq.ft. up (870 more in the walk-out basement), a pool, tennis court, pool house, 6 bedrooms and 8 1/2 baths, all on 4.6 acres. A lot of house, a lot of money.
But it’s huge, expensive, and above the Merritt, and as I’ve mentioned, that’s a combination that’s out of favor these days. The location adds maybe five minutes to the drive to Greenwich, which doesn’t seem daunting to me (although I’m not driving kids around all day and all night long), but clearly something is keeping this house on the market, so you can decide for yourself what that “something” is.