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Dear Neighbor
First, we from Bain wish you all a Merry Christmas and a happy holiday season! There is no better place to celebrate than Litchfield County!
It has been quite an active year in Cornwall real estate. Currently there are 35 homes in Cornwall for sale. There have been 22 closings this year and 7 more are currently in contract. There were 35 closings the previous year (2015), so we are down a little bit. There are currently 18 land listings in Cornwall and only two have closed this year (but two more are in contract to sell). In your neighborhood of East Cornwall 8 properties have sold and 7 are for sale and there is one rental.
Fall is rushing into winter with snow past and present. We are not sure what effect the new administration in Washington will have on real estate, but the interest rates are slowly rising, and the inventory is shrinking. We will have a better perspective on how these contrasting forces play out in our letter next year.
Here is what has transpired in the neighborhood:
4 Cornwall Hollow Road at the crossroads of Routes 4/43/128 sold in January for $170,000. Originally this had been Dr. North's house, an early Cornwall physician. High ceilings, hardwood floors, gracious front hall and stairway all reflected its early grandeur. The seller had installed a standing seam metal roof and had used the property as a rental for several years. The buyer, a contractor with local connections, is bringing the structure back to serve him as a home. Fortunately I was able to represent both the buyer and the seller.
0 Cemetery Hill is a 4.71 acre lot across the street from 4 Cornwall Hollow and it included a lease to CL&P. It was listed for $235,000 and sold at $185,000 to Eversource.
96 Cemetery Hill Road sold privately for $210,000. This well maintained 3 bedroom ranch house with an attached garage also features a barn behind the house.
111 Great Hollow Road is a Peter Eisenman designed contemporary one bedroom home. This one of a kind modernist home is sited on 6 acres bordered by a brook and adjacent to farmland. A gunite pool is on one side of the house, a Civil War era schoolhouse on the other. Originally priced over 1 million it had been reduced to $550,000 and closed at $525,000.
142 Great Hill Road was listed by Dave Fairty of our Kent office. This large contemporary 3 bedroom home commands a top of the world view of all the surroundings. The master bedroom suite has its own porch. Built in 1989 with central air conditioning, oil heat and a gourmet kitchen it had been reduced to $799,000 and sold at $550,000.
196 Great Hill Road is an antique cape (1818) meticulously cared for on 4 acres with a large barn at the top of the property and beautiful gardens. An attached 2 car garage plus another sizeable barn adjacent to the house as well as a garden shed complete the package. Listed at $299,000 and sold at $275,000.
00 Dudleytown Road is a vacant hilly lot of 11.94 acres that was listed by my associate Rick Meehan at $162,000. The neighbors decided to buy the lot at $150,000.
221 Flat Rocks Road is a 7 room 1930's cape which was completely rebuilt in 2005. Located on over 11 acres with a large pond in the backyard, first floor master suite, hardwood floors throughout, screened porch. Listed at $489,500 and sold for $450,000.
Leading the list of properties for sale, David Bain has the listing on the Cornwall Castle just off Valley Road at 1 Castle Road. Jeff Jacobson has written a charming history of this property which is available for purchase at the Cornwall Historical Society. Small by some standards at 8400 square feet it is offered on 275 acres for $6,000,000. More acreage may be available. It is very livable and also boasts a one bedroom pool house, a two bedroom chauffeur's apartment above a large heated garage and a two apartment gatehouse. The driveway in meanders along a brook for a mile and there is also a licensed helipad.
00 Valley Road is my land listing of 7.35 acres which is a lot within the Coltsfoot Valley.
Birdseye Brook tumbles down one side of the land and there is a sturdy bridge which leads up to the top for a protected view building site. It can be yours for $249,999, a new lower price.
19 Great Hollow Road is my listing, a 3 bedroom 1 bath cape with a newly finished large addition which could become a new family room. A detached 1 car garage and all this on over 2 acres within walking distance of Mohawk Ski Mountain for $225,000.
55 Essex Hill is just past the Mohawk Ski Area. David Bain and I have this former Children's Cottage now a three bedroom romantic escape. The master suite is at one end of the house, gourmet kitchen open to dining and living areas at the other end. The living area opens to a wraparound deck from which you can see and hear Birdseye Brook. The lower level has a large family room, laundry area and walk out. This is all sited on 4.3 acres for $495,000.
00 Clark Road is my land listing of 6.78 acres. Originally part of the Clark farm it is adjacent to Pinnacle Farm which bought most of the Harriet Clark farm. Three Clark sisters have offered this land for sale as they are no longer in the area. The land includes stone walls, woods and a view of the pond across the road. It has just been reduced to $175,000.
3 Flat Rocks Road is a 102 acre land offering listed by Chris Garrity, broker of our Sharon office. With over 1000' of road frontage, the land includes several fields bordered by stone walls, wooded glades and a deep, clean pond all directly abutting Connecticut State Forest and it can be yours for $1,890,000.
At 6 Day Road, a charming 3 bedroom 3 bath farmhouse on 10 acres with a large studio barn (and another 2 bedrooms), brook and pasture is offered by David Bain for $567,000.
And finally I have a rental at 11A Day Road for $1400 a month. This 2 bedroom apartment is behind the dome house with a very private backyard. The kitchen has an eating bar, first floor half bath includes a washer and dryer and the two upstairs bedrooms share a full bath.
We hope you'll visit us online at www.bainrealestate.com. Maybe you'll choose to visit in person, we are next door to the Wandering Moose in West Cornwall and would love to visit with you and answer any real estate inquiries you may have.
Respectfully yours,
Priscilla Pavel
And also in West Cornwall: David Hurlburt, Heidi Kearns, Rick Meehan and Asher Pavel
Please note that not all listings and sales transactions are through David Bain Real Estate