Disposable weekender?

3 Little Cove Place

3 Little Cove Place, Old Greenwich, has sold for $2.175 million. Owners paid $2.150 for it in 2003 and renovated, so no money maker here, but they did get 14 years of enjoyment from it, and some close up looks at Irene and Sandy. What price, excitement?

In fact, I think this was a perfectly sensible purchase for someone who's aware of the risk of living in a coastal flood zone and has the financial wherewithal to deal with what may come (and go). It's a great neighborhood, 

And for the perfect house-warming gift ....