95 Stanwich Road (just around the corner from Central Middle) has come off rental and is back on the market at $2.495 million— it dropped today by $255,000. The house, built by a (very) good, local builder, sold new in 2004 for $3.450 million, and resold in 2007 (remember the crazy years? I’m so glad I wasn’t involved in that sale) for $3.890. That price may have been ill advised, but the house is very nice, the location great (Pomerance property is right next door, schools: elementary, middle and GHS all in walking distance [correction, elementary school for this address is North Street, not Cos Cob, so only the most intrepid third-graders will make that hike] and it’s just a dash and a few minutes to town and the railroad). The town appraises it at $3.4 +.
If you’re looking in this area, in this price range, I’d look at this one. The photos for this listing are simply awful, but don’t be put off — you really should see it for yourself, and then decide.