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.