Search Results for: 12 Byfield lane

Fools rush in where other fools have trod, and stepped in it

49 Byfield Lane, the street where expensive homes go to die*, hit the market today at $5.895 million. The builder paid $1.772 million for the land in 2006,  rented out the existing home for a few years, then changed his … Continue reading

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Lies, damn lies, and statistics

Greenwich realtors report strong October sales According to the Greenwich Multiple Listing Service, 42 single-family residences were sold in October, little changed from the same month in 2014. The median sale price on such homes rose 23 percent to $2.125 million … Continue reading

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Bank auction

12 Byfield Lane, once listed as high as $12 million, has sold at auction for $4.475 million. No way was this house ever my cup of tea, nor was Byfield a street on which to look for $12 million (as we’ve … Continue reading

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Getting there, but not quite yet

12 Byfield Lane, that failed spec house built in 2009 and at that time priced at $12 million, has had its price dropped again by its bank/owner, to $6.999. As the years pass and the house continues to sit empty, I would think … Continue reading

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Real estate!

12 Ballwood Road, Old Greenwich, land sale (o.44 acres in R-12), $1.8 million, reports a contract just 24 days after hitting the market. It’s in the VE zone, so look for  house on stilts and, if the buyer has a … Continue reading

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Back in hot water

Zillow reports that the spec house at 12 Byfield Lane, asking $9,999,999, is once again embroiled in a foreclosure action. I once met the builder of this house and he was quite angry with my previous comments about his project. … Continue reading

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You know things are slow when a real estate blog has nothing but price reductions to comment on

Still, there it is. 12 Byfield Lanehas cut its price from $11 + million to $10+ million. It’s a spectacular house, but the builder is asking an awful lot for this particular street and, at least so far this year, … Continue reading

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All DeCaro, all the time

12 Byfield Lane Well no, this story, while amusing and local, just isn’t worth that much attention. But I learned from Teri Buhl, the reporter who originally broke it, that the failed spec house at 12 Byfield Lane figures in. (Almost) … Continue reading

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A little activity today

This Old Greenwich house (across from Perrot Library) was first listed in 2007 at $2.750, which was silly, then rented out and put back on the market this year at $2.250. It’s in good condition with a decent yard and, as … Continue reading

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Some houses I’m skipping on the open house tour today

For $12 million bucks, I want an address other than 12 Byfield Lane (how come builders keep confusing the street address with the price?) and, not for nothing, a better picture than the cheap digital snapshot posted here. I’m sure … Continue reading

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Nice on Hill Road

This beauty feels, to me, exactly like what a Greenwich mansion should feel like: it’s high up on a hill, with excellent views, on a quiet street and has real seclusion even though it has neighbors. It looks old but … Continue reading

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Although they did put some real money into this home, all the sellers really had to do was stop at ripping out the furnishings

21 Byfield Lane has sold for $2.8 million. The sellers paid $2.650 for it in 2010 (it probably seemed like a bargain after it had dropped from $3.995), and turned it into a very nice house. Unfortunately, the Greenwich MLS … Continue reading

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General Tsoi’s chickens come home to roost

29 Byfield Lane, a bank-owned property, has finally sold, for $3.1 million, exactly what a client of mine offered for it 3 years ago,as a short sale. The builder, a Chinese artist-turned-real estate developer back in the silly days, who … Continue reading

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Friday sales

(Details from two of these have already stripped from public access by Greenwich Association of Realtors, the remaining two will soon follow) UPDATE, 1:08 – all links are now devoid of detail. Thank you, GAR. 18 Tomney Rd., $1.465 million. … Continue reading

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When is a price reduction not a price reduction?

When the price remains the same. Reported today under price reductions is 20 Langhorne Lane, with a “new” price of $5.995 million, exactly where it started back in January, 2013. While it’s true that half-way through this long saga the … Continue reading

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(Future) House of the Day?

Well, maybe. I stopped by 29 Byfield’s open house today – I’d skipped its first one when it was returned to the market last February at $4.3 million because I was sure it would stick around for a while. Having … Continue reading

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More sale prices reported

These went to contract a month or so ago or longer so they don’t speak to the current market (which is dead) but just for your information:   1 Farwell Lane, $5.050 million.  This started out as a house and 12 … Continue reading

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What a difference a year makes

April, 2008: $9,495,000 September, 2008: $5,198,000 January, 2009: $5,998,000 December 10, 2009: “Make an offer” Ouch

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No contracts today, but some sales data

41 Stonebridge nee Hooker Lane: $1.590 million. Purchased $1.555 2003. Assessment: $1.490 11 Juniper: $4,000,000. Purchased 2002: $4.3 million. Assessment: $3.5 million 48 Byfield Lane (new). $5.150 million. Original price (2007) $7.5 million. Assessment: $4.12 million 143 Otter Rock: $4.5 … Continue reading

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The 70% solution

Regular readers of this blog will know that I’ve been playing around with a new pricing metric, using the assessed value of a property (as calculated by the town in its 2005 reevaluation)as a guide stick for where prices are … Continue reading

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