A new listing in Old Greenwich, and a sale

7 Binney Lane

The new listing is 7 Binney Lane, at $4.250 million. This was a Mark Obrien project back in the day, and sold for $4.950 in 2007 after just 14 days on the market. 2007, it turned out, was not the time to buy property in Greenwich, as the new owners discovered when they put it back on the market in 2009 at $5.195, and sold it for $3.925 in 2014. Will those buyers; these sellers, fare better? I'm guessing they will, because the market hit was taken several years ago and, while the lot this sits on is not ideal, the house itself works nicely, and Ledge is a great neighborhood.

11 Lighthouse Lane

Around the corner from Ledge, 11 Lighthouse Lane has sold for $3.885 million, on an asking price of $3.995. Pretty good.The sellers won the land they built on back in 2005, when it was listed for $1.749, and they bid $2.135. Bidding war winners rarely make out, in my experience, but a good site in an excellent Old Greenwich neighborhood apparently proved the exception.