Another Pecksland Road listing takes a hit, this time 138, dropping its price to $4.995 million, down a cool million from its October opening bid of $5.995. Owners paid $4.675 for it in 2012 and have obviously sunk a ton of money into it since. I think they’ll regret that.
All of which mystifies me, sort of. Pecksland’s a decent road, not too far from town, with large, expensive homes, and this particular house, to me, has huge appeal, but prices have been dropping here for the past decade, as buyers’ tastes turn elsewhere.