Tag Archives: Round Hill Road

Hedge funders quaking in their boots?

So says BusinessInsider, reporting that news of Raj Rajaratnam’s arrest being accomplished by -gulp – FBI wire taps has many of them casting their minds back to various phone conversations they had with other traders over the years and wondering ….

Raj, by the way, is another Greenwich resident and maybe (I’m going to check) another Round Hill Road owner. That street is acquiring a reputation quite different from what it once had.

UPDATE: Round Hill Road it is, number 577. Raj was a neighbor of Dom Devito and may be once again, only this time over at Otis Correctional facility.

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Round Hill Road 25% off

351 Round Hill Road

351 Round Hill Road

I like this house very much. It’s well designed and beautifully built. It has two acres in the 4 acre zone but those two acres support a pool, good yard and views over meadows and woods. Who needs more?

It came on back in 2007 asking $7.275 million which I suppose was too aggressive – the market (don’t tell Susan Nova) was beginning to shut down, even then. It’s had a number of price cuts since then and today was marked down to $5.430 million. Compared to other houses in this price range, I like this one. Your tastes may differ, but it’s worth a long look, in my opinion.

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Match picture with description, win prize

round2

508 Round Hill Road

“Once in a lifetime will you see such unparalleled beauty as 508 Round Hill Road. This totally breathtaking 5 acre estate sits atop a knoll, over looking the sweeping lawns which lead you to two of Greenwich’s most expensive residences. This six-thousand square foot stone Georgian colonial redefines excellence in Greenwich. The interior has been lovingly restored preserving the charm and integrity of the home. As you walk out and enter the rear yard, you are greeted by a new gunite pool with state of the art pool equipment. Pass the pool and enormous blue stone patio, you will find horse accommodations so charming, one would only find something similar in a Thomas Kinkade painting. When you add the mature trees and the long approach, you are left totally speechless. 508 Round Hill is a property of distinction meant to be handed down through generations. if you’d like to preview the home please contact our office for a private and confidential showing.”

“A Thomas Kinkade painting”? Gag me with a pitchfork. It’s horrible writing like this that probably got the owner of this place, DFT LLC, in trouble. Their website is stuffed with copies of press releases crowing about their latest tear-downs, their purchases of “prestige property” on Round Hill Road and Vineyard Lane and on and on but now Vineyard Lane is back up for sale, as is, 516 Round Hill Road is languishing and 518 Round Hill is under threat of foreclosure with a $6,000,000 mortgage against it. I dunno, it all seems eerily reminiscent of the Antares boys and, going back a few decades, the wonder boy of the 80’s, Kurt Wittek, who must surely be out of prison by now.

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Will a 10% price reduction be heard in the forest of unsold homes?

Here’s a perfectly nice house on Round Hill Road that sold for $5.7 million back in February 2006. The new owners “renovated’ it, according to the listing (aside from redecorating it and transforming it from a casual farm house feel to a typical Back Country frump palace, I don’t notice any difference) and placed it back on the market this past May for $7.250 million. Now it’s been nibbled down 10%. Enough? I sort of doubt it.

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