Belle Haven loss

otter rock.jpg

101 Otter Rock Drive has closed at $3.950 million. The sellers paid $5.245 for it in November, 2014, and started off on this reselling adventure in January, 2017, at $5.475. I’m surprised that they got even this much, because pseudo-French Provincials aren’t in demand much here in Greenwich, and the land this one sits on is heavily compromised by its hilly topography and extensive wetlands. Its land is valued by the town at $2.7 million, and that’s about what I would have expected it to sell for.

But someone obviously liked the house, too.