Tag Archives: Midcountry

Sales and a contract

34 Hearthstone Drive

34 Hearthstone Drive

34 Hearthstone Drive, one of two homes on land split off a rear lot back in 2000 (? or so) sold for $2.3 million. It sold new in 2003 for $1.650, and $2.050 in 2009. This owner apparently put in a new kitchen, redid baths, and so forth, so this price vs 2009’s doesn’t seem out of line. In fact, I’m not sure the owner broke even on those improvements, after commissions and taxes are figured in.

If I recall, the original lot split was fiercely resisted by the neighbors, with all the claims of water run-off, increased traffic etc. I have no opinion on the validity of those objections, but the sales of these two lots helped ignite the subsequent land rush on Hearthstone, greatly benefiting the wallets, if not the peace-of-mind of those neighbors.

11 Meadowcroft Lane

11 Meadowcroft Lane

11 Meadowcroft Lane,  the smaller (3 acres, no extra lot) sold for $6.750 million. Back in 2012, Ogilvy had it at $8.8 million and it didn’t sell. This time, Bill Andruss of Sotheby’s got it right.

51 Lockwood Avenue

51 Lockwood Avenue

And 51 Lockwood Avenue, Old Greenwich, reports a contract. It was asking $1.395 million, and had a contract in less than a week. That might mean it went above ask – I don’t know.

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