Some properties just exude “fun” and you wonder, why would they want to sell this lifestyle …but every seller has a reason.
It does appear that it had been one of those properties where Patriot was the lender in 2007, and at the time Odyssey Ventures’ mortgage (seller to the current owner) was $4,570,000.
The town has it valued at $5,879,000. They’ve obviously improved the property, but the market denied them in 2010 for today’s asking price, and it expired at $6,495,000 after 272 days on market in 2011. Nor did they rent it for their asking price of $27,500.
It will be interesting to see what happens this time around. It seems that they are timing the listing around bonus season to bring a buyer, but with the craziness in the world this year, I am not sure that pockets will be lined like what we saw last season.