107 Meadow Road, asking $6.995 million, and I wouldn’t be surprised if they get it. It’s old as in “classic”, on 3 acres overlooking the Sound. Neat house, but it could absorb a ton of money in updating it. Then again, the buyer of this place will presumably have tons of money to do just that.
UPDATE: Brother Gideon informs me (and his reader) that the late owner placed some incredible strict restrictions on this house. That’s great for the neighbors, but it almost certainly will affect its price negatively. A nice sacrifice on the owner’s part – I wonder if her heirs will appreciate the gesture as much as the rest of us will?
Here’s just part of those restrictions:
“Only the existing residential dwelling, for single family use and occupancy, with all improvements related thereto, shall be maintained upon the Property…”
UPDATE II – oops! Reading more of the restrictions, so thoughtfully provided by Gideon, I think she made this house almost unsellable. Even if someone loves the house exactly the way it is – and they’d have to, because it can never be changed – will there be another buyer down the road who shares that affection? I wouldn’t buy this place, nice as it is.