25 Game Cock Road reported a contract, straight into pending status – so cash rules. We’ll see where it closes. The property was first listed in June 2017 @ $4.9M. Current list price is $3.6M

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Beautiful new construction in downtown Greenwich. Luxury finishes and great open flow on all 3 levels. 4 bedrooms, 5 baths, 2 fireplaces and a 2 car garage. 

Looking for offers!

Suggested Price 2,495,000

Now it’s competing with 24 other properties that are priced between 6-7M – 10 are located South of the Parkway, 7 are North of the Parkway, 3 South of the Post Road, 3 in Old Greenwich and 1 in Riverside.

136 PARSONAGE RD – NOW OFFERED FOR 6,450,000 – CLICK TO SEE

This property was once the address for a 1940’s classic colonial, which sold to it’s current owners/sellers for 4.2M in 2007 (see below). They introduced it to the market as the new house above, for 8,295,000, and they were denied (pricing history below). The market didn’t not care that the owners paid for an original house + lot + new construction on Parsonage.

136 PARSONAGE RD 2007
They’ve increased their odds at selling their property by lowering it to between $6M and $7M – no surprise. There were 15 homes in this range that sold in the last 365 days as opposed to 10 that sold between $7M and $8M.

 

3 properties under $1M closed today over asking price. Not surprising…especially that these presented great value…

8 LANTERN PLACE – GREENWICH – $765K LIST – $790K SOLD

Great curb appeal with stone work and flagstone walk – super cute…

48 ROCKMERE AVE – OLD GREENWICH – $949K LIST – $970K SOLD

Fully renovated, and again super cute and convenient to transportation, the train, park, library, shops and restaurants.

12 COTTONTAIL RD COS COB

This little ranch was horribly marketed with really pathetic photography. The agent took no time to romance this listing, but managed to get over asking price. List price $995K – Sold Price $1,058,800K. That my friends is $606/SF or new construction pricing! Located on a non-conforming lot or more closely translated: 1.16 acres in 2 acre zoning…In theory, one could build up 4547SF, however, this property is currently a 3 bedroom home with septic. So the new buyers most likely will be replacing the septic, should they decide to add another bedroom.

17 Welwyn Road Riverside CT

4 Bedrooms, 4/2 Baths, 3 Fireplaces, 6382 SF, .47 Acres

 

The sellers paid 3,850,000 6 short years ago, so it’s surprising to me that this would capture more than one buyer, and paying a $110,000 premium.  listed at $4,100,000, it closed today for $4,210,000

What may have captured the hearts of the buyers, is that it was renovated in 2017, although I don’t see much difference between this property and the one that they bought. and according to the listing, it was:

 At Home Magazine A-List Award Finalist?

In Newport County Rhode Island – Awesome value! Gorgeous land with views and access to the water – Sense the Ocean Breeze! Click and Enjoy – Public Open House This Sunday August 12 From 1-3PM

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65 UPPER CROSS ROAD – GREENWICH – SOLD FOR $10,500,000

The seller bought it in 2011 for 16M …

https://virtualglobetrotting.com/map/john-d-cooks-house/view/bing/

This year’s Greenwich Cup Triathlon is honoring John Cook Sunday June 22

http://threadsandtreads.com/home/race/greenwich-cup-triathlon/

 

It’s more like a give back! Design is so personal, that the decisions you make today, will not be appreciated in kind when selling your home. So renovate and design away for yourself, but don’t expect a premium.

When you make something look so current, as opposed to timeless, will begin to “date” almost immediately – like new construction that depreciates the moment you move in…

7 Ford Lane, which sold yesterday for $5M, is a beautiful 5855SF home in Old Greenwich, sandwiched on .49 acres – like so many other properties there – thanks to our building/zoning regulations…

The sellers paid $105,000 over asking price in 2012, so 5,600,000 on a list price of 5,495,000 – proceeded to remove the in ground pool! and renovated the entire space…

From this:

7 Ford Living Before

To this:

Marks & Frantz

From this:

7 Ford Kitchen Before

To this:

Marks & Frantz

The kitchen and baths are very high quality – and have “legs” in terms of being more timeless than some of the other rooms…

The listing touted the dream designer team of Marks & Frantz whose claim to fame was set design for Sex in the City and The Devil Wears Prada movies…The buyers weren’t impressed, and most likely looked at the expense of having to remove very specific wall paper and painting many rooms. They may even want to re-instate that pool and finish the lower level, which never got done with this seller or the previous owner.

29 Old Stone Bridge Rd Cos Cob

Green & Lush Association just minutes from town…have it all!

Selling your home and want to discuss the market? Stop by!

Looking to buy a beautiful hone with a fantastic setting and location? This is an awesome value!