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North Sea Traditional Listed For Less Than Its 2011 Sale Price

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Just four months after shelling out $3.025M for this eight-bedroom in North Sea, the new owners put it back on the market...for almost $1M more than they paid. Unfortunately, the attempted flip hasn't worked out so well. The place has seen four pricechops since its initial offering, the last of which moved this listing into the red. The home is now asking $2.995M and the sellers are scrambling to find a buyer. They'll even take $175K for a year-round renter if they can find one. Time is of the essence, though. An E-mail we received regarding the property notes that it "MUST SELL OR RENT IMMEDIATELY." Definitely not an enviable position to be in.
· Listing: 1870 Deerfield Road [Corcoran]