27 Cobb Island, over by Exit 4, $4.199 million. If you can put up with the highway noise, houses here have great water views and are (literally) convenient to transportation: the highway’s there and it’s a short stroll to the Cos Cob railroad station. I like the place and I’m okay with the traffic noise; others won’t find this acceptable.
I haven’t seen what, if anything the present owners have done since they bought this in 2000 for $3 million, but I’ll check it out tomorrow. Could be a decent deal, could be a bust. And again, regardless of the house itself, buyers’ reactions will be heavily dependent on their feelings about its proximity to I-95.