23 Khakum Wood Road has dropped its price $10,000, from $9.985 to $9.975. It’s a 1927 “brown furniture” house, which the current pool of buyers don’t want, and it’s been on the market since 2007 (!) when it started at $19. 7 million. Knocking $10 million off that price was wise, but what on earth does the owner think taking another $10,000 will accomplish?
Khakum Wood has lost its appeal over the years, so I expect we’ll see this property hanging around for a bit longer, despite today’s price cut.