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Unusual Waterfront Luxury Properties – One in Contract – The Other Waiting in the Wings

209 Long Neck Point Rd Darien
209 Long Neck Point – Darien – $12,500,000

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One has to wonder, if 140 Wallacks Drive in Stamford would have a deal today, if it had begun it’s pricing journey similarly to 209 Long Neck @ $12M+. It’s long, continuing journey began over 1000 days ago when it was introduced at $18M. It is not listed on the Greenwich MLS – not smart…
There are considerations to pricing that go beyond the square footage and acreage – and these two properties tell that story. Pricing any waterfront property relies on where that shoreline is.  Wallacks Drive is twice the square footage, nearly twice the acreage – so one would think that these differences would compensate for Stamford vs Darien.
Market trends rule – and may be one part of the reason that Long Neck has a deal and Wallack’s Drive does not.

Today’s buyer wants:

170 Wallacks Dr
149 Wallacks Drive – Stamford – Caritas – Now $8,995,000

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