As the end of June approaches, the closings from this spring’s contracts are coming in. Here are three more, plus an accepted offer.
361 Stanwich Rd
361 Stanwich, $1.706 million, $1.699 asked. Best two-acres on the market; in fact, I was trying to sell this last fall and early winter when it had been temporarily pulled from the market. The house is certainly livable, but two, flat acres on Stanwich will support a far more expensive house than this one, and I’d be astonished if it sees the leaves turn this fall.
78 Rockwood
And another land sale, 78 Rockwood, $1.995 asked, $1.990 got, quickly. This one is harder for me to understand. Another teardown, but the land it sits on is pretty much bleh. Guess it’s the location that proved the draw.
63 Loughlin
31 Loughlin Avenue is a real house on no land (0.17). Asked $1.1 million, got $962,500. The market’s hot.
11 Londonderry
And proving that at the right price anything in Greenwich can sell, 11 Londonderry, asking $1.590 million, has an accepted offer. Perfectly nice house, but on the Merritt, and that’s always a tough sell. The owners paid $1.410 for it in 2002, put on an addition, did a major rework and placed it back up for sale in 2010 for $2.250. In another location, that would have been a very fair price but the Merritt demands a discount, and that’s what it took to sell this one.
For What It's Worth 
Love the Rockwood Lane house. Nice house and great privacy in the best possible location. Most beautiful street.
See? Taste is subjective.I personally don’t like mosquitos and leeches, but whatever ….
Rockwood the street has no bugs. Cannot comment on this property.
One thing I hate on Rockwood is the two deer fences. One is especially vile (and I think the actual property may be on Lake Avenue but back on Rockwood) having cleared the entire property and put wood chips on several acres. The neighbors ought to complain loadly – ruins that part of the street.
Any ideas about why the Merritt “demands a discount,” but I-95 and train tracks–in combination, no less!–appear to be an attraction in Riverside and OG? Does the smell of sweet salt air dull the other senses?
I know, I know…I’m an old-timer, and sent my kids to North St and then private schools, but no matter how I try, I just don’t get it. Time for me to head to warmer climes anyway.
Better hitch hiking on I-95 and crushing pennies on the railroad tracks never gets old.
Infodiva – Riverside Elementary is viewed as almost a private school. It’s even (almost) good looking enough to pass for one. Eastern Middle school is another story. So that’s why people put up with I95 and the train.
Rockwood is a better location than Stanwich. Not sure the Stanwich land would be a spec builder, we haven’t much spec development in these here parts since the bubble. Agreed that the Stanwich land is nice.
I wasn’t thinking of a spec builder necessarily, Stan, but rather one of the many end-users out there looking for decent land to build something for themselves. There’s not much out there; I know. because I have several clients in that situation, and it’s slim pickings.
I think that eventually there will be a Merritt Parkway exit on Stanwich, and the traffic will increase. The problem is that North Street is too congested – so much so that it is dangerous to make a left turn. The first serious multicar accident on North Street, and the Merritt Parkway exit on Stanwich will not be far off.
Dude –
31 Loughlin has a face.
Two eyes, a nose, even a mouth.
It makes me happy.
HAIKU DUDE!! You poet laureate loser.
Chop Chop!! Want to grab some Buddha food?
Your Pal,
Walt