Can you spot Reese’s piece?
Reese Witherspoon sells her California bungalow for “a major loss”: $4.9 million, on an original purchase price of $5.8. Sheesh, that’s less than $900,000 – chump change here in our own fair city.
The actress does have something in common with many Greenwich home sellers, however: after paying $5.8 for the place in 2008, she listed it last year for $10. I wonder if a local Greenwich firm is now operating out west?
45 Husted Lane
45 Husted Lane, now at $6.895 million. Brother Gid tried selling this for them back in 2006 for $7.995 and it’s been on and off the market since, at various prices and with various brokers. This was built by Hobbs, according to the listing, so there can be no question as to its quality. Is there anything else, except its price, that’s preventing its sale?
I don’t remember seeing this, although I’m sure I have sometime in the past seven years, so I can’t say what the problem is with the place, if a problem there is. One clue, perhaps, is that in all its listings, even when it was new, there are no pictures of its yard. It’s on two acres (two separate, one-acre building lots, in fact), so there’s certainly room for a yard unless the topography prevents it. Swamp? Cliffs? Maybe.
But that’s just a guess. I’ll check it out next time there’s an open house and report back. Or I could just ask Gideon.
UPDATE: Another agent reports “zero yard”. No pictures: the dog that did not bark.