Since we're already in the neighborhood this morning, we thought we'd note that this "just listed" (at the beginning of 2010) 5000 sq. ft. traditional recently found a buyer. After entering the market with a $6.999M pricetag attached, the five-bedroom felt the pricechopper's blade a couple of times to the tune of $1.749M before finally changing hands. Even then, the new owner?Cargill executive Paul D. Conway?was able to shave off another $500K, making the final $4.75M purchase price seem like a relative bargain compared to the initial ask. Thoughts?
· Listing: 388 Ocean Rd [Corcoran]