2018: 364 days, starting at $5.250 before selling for $4.250. 2021: pending after 11 days, $5.750

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450 Lake Avenue —the owners appear to have changed the wallpaper and swept dust bunnies from under the beds. Interestingly, the 2018 listing shows a pool, the current listing denies one exists. It probably sold so quickly that the agent didn’t have time to fully explore the grounds.

Well, it was here last time I looked

Well, it was here last time I looked

Bargain of the decade

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718 North Street, February contract, has closed for $2.350 million. This is a great house, one that I tried, and failed to get clients excited about over the years. Located on four beautiful acres set back from the road and across from the Babcock Preserve, the owners paid $3.2 million for it in 2010 and proceeded to pour money into it; if I recall, something like an additional $1.5 million (don’t hold me to a 1-year-old memory, but it was somewhere around there). Unfortunately, they put that money into the important things: new cedar shingle roof, copper gutters, double-insulated windows, furnace, electrical, whole house generator — everything a 1932 house needed for a complete restoration — and (many) buyers don’t care about such silly improvements. They want the flash, not the substance.

The owners had intended to stay a long time but their pans changed and they put it up for sale in 2013 at $4.8 That was undoubtedly too high, but its drop to $4.2 in the spring of ‘14 was, I thought, a pretty good reflection of what they’d put into it and in fact, would probably have caused them to lose money, after paying commissions. No soap.

But $2.350? An absolute steal.

Contract on Edgewater

Whatever it is, the way you tell your story online can make all the difference.

Whatever it is, the way you tell your story online can make all the difference.

53 Edgewater Drive, new construction, tried for $2.845 in May-August last year without success. It came back on at the end of April, same price, and is under contract after ten days.

$2.845 would seem a bit steep for Edgewater home, even new, on 0.16of an acre were it not for the fact that its location provides a partial view of the Fountain compound, and that, of course, is priceless.

wave for the camera, susie, gideon

wave for the camera, susie, gideon

Still not my taste, but I do admire a bold price cut

Whatever it is, the way you tell your story online can make all the difference.

Whatever it is, the way you tell your story online can make all the difference.

12 Dwight Lane dropped a cool million today, from $6.995 to $5.995 (there: I’ve done the math for you). I’m not quite sure who or what to believe here: it’s described as “a meticulously reconstructed 17th Century English manor home”, but I’m pretty sure they just imported some old beams from Jolly Ol’ England and made up the rest as they went along. Or not; that’s just my sense of the matter. Square footage is listed at both 8,881 and 10,000, depending on which part of the listing you’re reading, while the tax card credits it with just 7,501, so take your pick. Nice yard, though.

It’s got that hotel look and feel, no?

It’s got that hotel look and feel, no?

At under $3, this isn't a bad deal

Whatever it is, the way you tell your story online can make all the difference.

Whatever it is, the way you tell your story online can make all the difference.

56 Frontier Road, Cos Cob, dropped to $3.150 with the notation, “owner says ‘bring all offers’ “. I showed this house to clients back in 2013 or so, and though they ended up buying another property, there was enough here to bring us back 2-3 times.

Not particularly enticing in front, but the interior is really nice, with top-quality finishes, and it has a good backyard.

It’s not worth the $3.999 the owners asked for it back in 2015-16 (if it were, someone would have bought it, right?), but in the mid-to-high $2s, it’s worth a look.