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388 Ocean Road Sells For $2.249M Off The Original Ask

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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]