186 Shore Rd, street view
186 Shore Road, in Old Greenwich, started off a year ago asking $7.995 million but today sees a new broker and a new price, $7.495. It’s a gorgeous house, but I recall that when it was new in 2009, its builders also started off at $7.995 and ended up selling it to these owners for $6.625. Same pattern developing?
This house has some really, really great features, including a glass “wall” that opens the living room to the sea, for breezes, views and what must be an incredible entertaining flow between home, terrace and pool area. Big, airy rooms and top quality finishes. The negatives are the beach traffic on Shore Road (though to be considered is that, after sunset, when Tod’s is closed, Shore becomes a very quiet dead end), and the cluster of less expensive houses between this one and the water.
It’s a matter of personal preference, of course, and I’m curious to see where this one ends up on the price scale.
Won’t you be my neighbor?
For What It's Worth 
Fun house. Gets a little contemporary on the top floor. And that attic fire place, what a must have!
What happened to the philosophy of buying “a forever home”? Our parents generation tended to buy one and only one house in which the kids all grew up. Is that so last millennium? The sellers don’t have to tell me why they are moving but I would love to know why anyone gives this house up.
Ran out of loot. Wrong side of the SAC meltdown trade.
That’s too bad. Good for them to get out now, downsize. Regroup. Recalibrate. Happiness is a 3br2ba noVue noPool home.
Well actually, that’s not accurate. Not associated/involved with SAC in any way.
SAC investors did not lose any money. The fund is also up 9% YTD.
Compared to the industry average of 2.5%. Smart cookies over there.
Ours is up 22%
SAC is no longer.
Whatever
Monody….I agree with you on why leave when you finally complete your “dream” home. However, i think there are a lot of bored housewives who love these projects and hubby goes along to keep the peace at home.
ARM is maturing. Probably.
Rates are close to the lows now. It is a good time to finance or refinance. It won’t last.
They bought the gorgeous property on the tip of West Way – top quality waterfront that never hit the market!
Whoever said money is the root of all evil never coveted waterfront property in Greenwich. Good for these people to boost the local economy. (Wiping Drool)
These owners added the pool, but made the mistake of painting the wood shingle siding a similar color.
The rest of the place is beautiful.
7 million and some paint thinner ought to get the deal done.
when i pulled up this house on Google Street View, I see it brown, a really ugly baby shit brown, so blue is a most definite improvement.
The blue is really bad, trust me.
This one looks like a bargain. Admittedly I am a sucker for a view. I’m wondering though: did they build it high enough? Is it up to the current Fema (and Greenwich +1 foot because we know best) standards? Not that anyone with that much money would care.
Toonces you have a positive outlook that I admire. You think every high end house is a bargain. Wish I could afford this place.
🙂 Anonymous @ 12:08. I’d live here too.
Another Marc O’brien special. I don’t agree this is a bargain. $7m to live with marginal water views? I say it sells for less than what they paid for it.
Another friggin’ house w/nine Wine Cellars.
When I see those I think “bonus! closet!”. But I don’t like the taste of alcohol much…
I get to tour a lot of houses with wine cellars, and I’ve only seen one or two that are actually stocked with any more than a couple of cases. I think builders put them in to fill empty space, but most people don’t seem to use them. Sort of like exercise machines.
Fountain: You shoulda gone into the furniture biz as a side. This particular home as 4000 square feet of unused space. Gotta fill it with something.
I am curious if builders actually make these cellars suitable for real wine storage. Are they climate controlled, water-sealed, etc? I’d be very nervous storing wine below sea level that close to the water.
Good point tb. It would make a great spot for a litter box though. That’s a good one for builders to consider: build a room for the cat! Derosa builders does dog washing sinks. Also nice to have.
tb: cases of Two Buck Chuck (now three bucks I hear) come to no harm when housed in non-climate controlled wine cellars. This is a fact.
Can someone explain photos 24 and 25? 24: is that the front of the house? Do you go under the port cochere to the garage? 25: that’s the continuation of the driveway or is that a photo of the neighbors driveway?
That’s the neighbor’s driveway (ugh). UPDATE: I stand corrected (by listing agent, Ellen Mosher). That’s the driveway for this house. There is another house back there, somewhere, but it isn’t accessed from this driveway.
The listing agent put a photo of the neighbors driveway in the portfolio?? Is he/she trying NOT to sell it. Crazy.
I heard BT made an offer last night on this one.
No, see my correction – I confused the two
???
On another subject, does anyone know which house on Oneida Drive in Indian Harbor Ron Howard bought?
Although I never thought this house really had the best curb appeal, I do think the inside layout and the backyard deck/pool is pretty darn awesome. The interior shots have changed my mind and I really do like that crows nest. The architect managed to create several distinct places within this home.
It is a lot of money to essentially be three houses back from the water, despite the stellar views. I also wonder of the risk of a developer ruining the view when/if one of two teardowns between this one and the water meet the dumpster.
yep. it’ll be a knock down drag out pissing match between a low 8 and a high 8 or 9 figure net worth.
So I guess the house of the week feature last month in the Wall Street Journal didn’t work as the old broker’s last ditch effort?