Price cut on building site in Mead Point

When the leaves Are down, you can see Long Island sound

When the leaves Are down, you can see Long Island sound

28 Windrose Way. The former Carl Bennett estate (of Caldor's, for those with long memories, and reputedly one of the kindest gentlemen of his era). Dropped $700,000 today, to $8.250 million. The heirs priced this at $17.950 back in 2009 before finally selling it to this owner for $6.5 in 2011.

These sellers tore down the original house (built in 1985; how soon our current housing stock becomes obsolete) but otherwise haven't done much. Presumably, their plans to build new were scrapped.

Decent lot, but not high enough to offer the spectacular view down Long Island Sound that its location would otherwise suggest, and the land mass to its right is one the market as one, perhaps two building lots, so there will be neighbors.

Still, it's Mead Point, and that's worth a lot.