160 John Street has returned, this time at $19.995 million. The house and its 18 acres were purchased for $16,189, 820 in 2000, and it’s been looking for a buyer since 2011, when it asked $41 million. There’s no reason to think it won’t sell; it’s a decent house and sits on some beautiful property, but at what price? Come back in another eight years, and perhaps we’ll know.
Some readers may remember when this property was supposed to go to auction in 20134. No buyer appeared, but the video posted by the would-be auctioneer, Raul Villacis is still up. I have my issues with Raul, and wouldn’t get involved in any deal he was involved in, but the auction probably failed for reasons unrelated to Mr. Villacis’s business style.