After 272 days of trying to get an offer at $1.7 million, 70 Bedford Road cut its price today a full $5,000 and can now be yours for just $1,695,000 (we do the math for you here at FWIW, the full service blog). I was going to write a post on how stupid this was but when I pulled the listing I saw that this is on four acres of nice-looking land, has a pool, and a $1.920 million mortgage, so bank concessions might be available. All of that’s enticing and perhaps that’s exactly the point in recording a token price change – it brings the property back to the attention of brokers. Check it out – if you can live with being on the western edge of town, close to Rt. 684 and under the flight path, this appears to be a lot of house for what passes in Greenwich as not a lot of money.
Not everyone wants to live in Riverside, thank God.