2 Meadow Place, Old Greenwich, down to $3.995 million. The owners paid $3.950 in 2014, so there’s no need for panic, but I wonder whether they’re encountering buyer resistance due to being in the “SLOSH Zone” (no kidding; that’s what our guvmn’t calls it: Sea, Lake, Overland Surge Zone”). According to your friendly rulers, it’s Lime worst, green bad, yellow, still bad. You wanna stay dry, stay red. On the other hand, I’ve lived in a lime/green zone for decades without incident. It all depends how high your own house is above sea level, regardless of the general zone.
UPDATE: A reader sent along the revised 2013 flood zone map, which I’ll also put on a link, in a minute, showing the various flood zones (VE, AE, etc., which I presume are different from the SURGE zones. In the flood zone map the lime – green color scheme is reversed, with dark green now being the worst and lime being better. That’s confusing. The map below is the 2010 SURGE chart.
Bad link
Okay, I’ll fix that in a minute. Sorry.
The link is bad. But I would imagine the complete lack of privacy, even by OG standards, hurts at the $4m mark.
The problem with so many waterfront homes, even this new, is that all built pre-Sandy are now FEMA non-compliant. That really sucks for so many folks who are trying to sell their coastal residences.
Just wait until Randy hits.
Will make Sandy look like tits on a stick.
Is that your professional be, or just what you call yourself on Tinder?
The house doesn’t have a garage
Really? I didn’t notice that.
Aw, now you made me go look it up – it’s got an attached garage.
Yes but it is open garbage and not enclosed. It is open to all the bad weather.
FARport