112 Indian Head, 2 acres in the 1-acre zone, sold for $5.3 million last fall, an impressive figure, but not as impressive as the $7,250,000 original 2010 price. A nice older house but as I suggested here back in 2010, its value was its land, not the charm of an old house destined for the dumpster.
And tomorrow night the new owners will come closer to accomplish that by applying to the P&Z for approval to build what seems like a pretty big house to me:
JKLR LLC. wants to demolish a home and build a 12,215-square-foot residence, new driveway, two detached garages, an accessory living structure, pool, spa, bath house and patios on a 2.07-acre lot at 112 Indian Head Road.
Do the math with me here – the FAR Czar in his wisdom decreed that the maximum allowable house on a two acre lot shall be 7,841 sq. feet – 43,560 X 2 X 0.09 FAR
The maximum allowable house size on one acre is 5,880.00 (in the one-acre zone. In a two acre zone, that same one acre is punished and the FAR size is reduced to 3,920 sq.ft. Does that makes sense to you? Never mind ).
But if 7,842 sq feet is deemed too large for the two-acre zone, and 5,880 sq.ft. has been determined to be the maximum ideal size of a home in the one-acre zone, how is it that a 12,215 sq.ft. house in the one acre zone is appropriate? Why is a home owner allowed 7,851 on one two-acre plot and 55% more, 12,215, on another two acre lot?
I am not objecting to this large house going up, but I do object to the utter lunacy of the Floor Area Ratio scheme that’s been foisted on Greenwich property owners; it has survived every attempt to instill some rationality into the process while the RTM has abdicated its role in governing the town by leaving the enactment of ever-more-onerous FAR regulations to the demented, arrogant Land Use Committee and the staff of the P&Z.