New Luxury Listings North of the Merritt – One Calls it Like it is – The Other – hmmm

36 Day Rd
36 Day Rd – Greenwich/Armonk Border – $4,250,000

Screen shot 2014-12-02 at 8.58.14 AMThe seller bought this for nearly $600,000 more in 2006, and is obviously realistic about the fact that he bought it at the near height of the market, and realizes as well that properties North of the Merritt are not receiving the love that their in-town brethren are enjoying at the moment. It is priced as the town has it appraised…It is located on the Armonk line (with 8 acres in Armonk – separate taxes than what is indicated here), and the owners have the ability to send their children to either Armonk or Greenwich schools…

11 Partridge Hollow Rd
11 Partridge Hollow Rd – $6,695,000

Screen shot 2014-12-02 at 8.57.44 AM

The listing describes this property as having a “scenic Round Hill Road Approach” – realistically – it’s off Riversville – nothing wrong with that, I happen to think that Riversville is a beautiful country road…the interior is everything that everyone wants today – white, white and more white with wood floors. The taxes are surely not going to be what is indicated here…this is a new home, and the town will surely want their share of the new value, as opposed to the $1.5 where it is currently assessed. The sellers bought the property in 2013 for $1.6M. Seriously doubtful that they will get close to this price, when there is serious competition at the moment….

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