Riverside land for $9.5 million? Maybe

View from 73 Club Road (representative)

View from 73 Club Road (representative)

73 Club Road, which sold for $8 million in 2010, is back on the market, unchanged, for $9.5 million. This is very nice land with Cos Cob Harbor frontage (and Mianus Bridge highway noise, but that’s a quibble). Its 2.67 acres comprise two separate building lots but to split this parcel would, I think, be a mistake; you’d end up with two narrow side-by-side rectangles and neither would be anywhere nearly so nice as the whole.

2010 was not a great year for real estate, so it’s possible that in this recovered market this price will stick. On the other hand, Club Road sold well even during that period and $8 million struck me then as a very high value.

One way to find out: wait and see.

3 Comments

Filed under Buying/Selling Greenwich Real Estate, Riverside, Uncategorized, Waterfront

3 responses to “Riverside land for $9.5 million? Maybe

  1. Ghost of the FAR Czar

    Did he list it with his Mom?

  2. Anonymous

    Amazing; even the photos are terrible.

  3. FlyAngler

    Chris – Makes my 2004 sale look reasonable in hindsight. – Fly