I try not to litter this column with too much technical jargon, whether real estate related or scientific; you run the risk of confusing the reader, always a bad idea. There is, however, a medical term, highly technical, that I think may be appropriate in the case of builder, Jon Sparks. That term is “balls of steel”.
Why, you ask, because he flies a jet? Nope, that’s hard work, certainly takes nerve. No, it is because Mr. Sparks, in one of the worst markets for high-end real estate in many a year, dared to buy a marginal piece of land (on a decidedly un-marginal street) and build a $6,000,000+ spec house! And he sold it in about one week, with three bidders vying for the place. Luck? No. Great house? Yes.
Like Apple, ol’ Sparks has figured out a way to thrive in a lousy economy.
Here’s the story on 22 Cornelia Drive, off Greenwich’s Husted Lane, down the block from Greenwich Academy:
22 Cornelia Drive, Greenwich, CT
List: Suzanne Wind
Sell: Susan Calabrese
Word has it, Cornelia’s buyer had just sold this place, which sold instantly, after going on the market at $14.5M. Crappy market or not, somebody’s out there buyin’.