The poor will always be with us and so too, it seems, will this house in Khakum Wood

31 Khankum Wood

31 Khakum Wood

31 Khakum Wood is back after expiring last December, with a new broker and a new price: $4.595 million. The owners paid $7 million for it in 2006, which seemed ill advised even at the time, and have had it on the market since 2013 (723 days and counting), starting at $6.7 and ending in December at $5.1 million. Today it’s back at $4.595. Decent house, great neighborhood, but this style has difficulty finding buyers.

For that matter, most of Khakum Wood is having trouble finding buyers: No. 24 is just one example. The 2004-2006 going rate of $7-$8 million seems to have dropped during the crash and never recovered.

So it goes.

You won't have Nicon to kick around any more

You won’t have Nixon to kick around anymore, although there’s this house in Greenwich ….

5 Comments

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5 responses to “The poor will always be with us and so too, it seems, will this house in Khakum Wood

  1. have had it on the market since 2013 (723 days and counting)

    You’re doing this just to mess with me, aren’t you?

    https://days.to/1-january/2014 says there have been 916 days since Jan 1, 2014.

  2. There are three types of people in this world, John: those who can count and those who can’t.

  3. James

    They are better off just renting it for next 20 years than take that big of a hit.

  4. Anonymous

    $60k in taxes do not help. Makes Bedford look cheap.