David Stockman’s house, with twenty-three acres, is back with a new price of $13.4 million. That’s quite a cut from its 2010-2012 price of $23.5 million, and even its 2013 price of $19.750.
I’ve always suggested this house was overpriced, but instead of rewarding my prescience by giving me his listing, Mr. Stockman has chosen to return to his original broker, the one who priced it at $23.5 and kept him locked into a home he no longer wants for four long years.
That’s probably due to the magic Sotheby’s name and its “international clientele” (snort), but it could also be because he read my quote about his house in the NY Times.
In 2012, Mr. Stockman put his trophy home — with its 11 bathrooms, swimming pool and tennis court — on the market, asking $19.75 million.
Weak as the market was, the listing was removed — and Mr. Fountain is not surprised.
“For $9 million, it’s a nice little house,” he said. “But these types of houses don’t age well. There is just too much horse crap* out there on the polo fields.”
Stockman, you magnificent bastard, I read your book!
* Actually, I used the term “horse shit”, to go with the polo theme, but the Times editors cleaned it up