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.