UPDATE: A reader has complained that I’ve given the impression here that 101 Brookside Drive has just sold for $1,520,000 less than the last time in spite of a beautiful and complete renovation. Not the case. The entire renovation was completed by the previous owners, who sold for $5,995,000 (after initially asking $6,995,000, and sitting on the market for a year or so).
Not to, you know, harp on this topic (as I now proceed to) but here’s another example of the post-crash “hit” that Greenwich addresses have taken since 2008, compared to Riverside and Old Greenwich, which have pretty much recovered most of their market value.
101 Brookside Drive, Greenwich, 2.1 acres (R-12 zone!), beautifully renovated, includes cute little guest-house, sells for $5,995,0000 in September, 2008. Yesterday, still just as beautiful, sells for $4,475,000! A cruel $1,520,000 loss. Puzzling.
Note: Link shows current listing and the one from 2008.
List: Gila Lewis
Sell: Randall Keleher