RSS Feed
- 2022 | 18 Posts
- 2020 | 4 Posts
- 2019 | 24 Posts
- 2018 | 28 Posts
- 2017 | 9 Posts
- 2016 | 18 Posts
- 2015 | 29 Posts
- 2014 | 16 Posts
1
Bain Real Estate Lake Waramaug 2014 March Market Report
PLEASE CLICK HERE TO SEE THE MAP.
Dear Neighbor,
This is our 11th annual letter telling you what's happened around the lake. We hope you have found them interesting and helpful. If you would like to review the history of the past letters and maps they are on our web site under "Neighborhood Stats."
This past year there was a lot of positive activity around the lake. There were 10 house sales averaging $2,181,000 as compared to last year's average of $1,836,000 and the previous year's average of $1,544,000. Things are definitely looking up on the lake!!
Starting on the west side, here's what's sold in the last year on the lake:
| 74 Lake Waramaug Road in Kent is a 2381 square foot 3 bedroom 3 bath contemporary colonial built in 1993 on 6.54 acres. Set far back from the road, it also has a pool and almost 900' of waterfront across the road. It was first listed for $2,495,000 in 2012 and sold in July for $1,775,000, down from its last list price of $2,100,000. | |
| 35 Arrowpoint is a 2318 square foot contemporary with 3 bedrooms and 2 baths built in 1993 on 1.16 acres with direct waterfront. It came on the market in April of 2012 for $1,995,000 and finally sold this September for $1,375,000, at its last list price of $1,375,000. | |
| 41 Arrowpoint is a 6200 square foot colonial built in 1997 on 2 acres with 4 bedrooms and 4 baths. It is arguably one of the best houses on the lake with a long lake front, fabulous long lake views, gardens, terraces and gorgeous dock. It sold in 67 days last August for $5,600,000, down from its list price of $6,760,000. | |
|
117 North Shore Road is a 2142 square foot colonial built in 1960 on 1.28 acres. It has 4 bedrooms and 2 baths and 170' of lake front across the road. Originally listed for $2,400,000 in May of 2008, Eve Iselin of my Kent office sold it this past September for $1,485,000, down from its last list price of $1,595,000. |
|
| 35 Bliss Road is a 4092 square foot architect designed barn style home built in 1977 on 15.11 acres with 4 bedrooms, 6.5 baths and pool with spectacular lake views. Originally listed for $4,200,000 in September of 2008, it sold last October for $3,200,000, down from its last list price of $3,500,000. | |
| 365 Lake Road is a 2117 square foot cottage with 4 bedrooms and 2 baths originally built in 1905 on 3.08 acres, some of which is across Rt. 45 and mostly wet but with direct lake front. The home was first listed in December of 2011 for $1,395,000 it sold in July for $800,000, down from its last list price of $1,285,000. | |
| 387 Lake Road, known as The Boulders Inn, is a 16,171 sq. ft. Inn with 20 bedrooms and 20 baths built on 5.8 acres. It included a number of out buildings and 500' of lake front and abutted land trust holdings. It was first listed in May of 2012 for $6,000,000 and sold for $4,000,000 in November. | |
| 19 Tinker Hill Road is a 2.34 acre building lot with a view of the lake and a 10' easement to the water that was originally listed for $249,900 in January of 2012, dropped to $169,000 in August and sold for $105,000 in September. | |
| 27 West Shore Road is a 2000 sq. ft. cottage with 3 bedrooms and 3 baths built on .4 of an acre. It had a guest house, concrete dock and good parking. It was first listed in September of 2011 for $850,000 and sold for $520,000 in September, down from its last list price of $575,000. | |
| 44 West Shore Road is just a dock on .01 acres that gives lake access. It was listed for $50,000 in April and sold immediately | |
| 139 West Shore Road is a 2281 sq. ft. colonial with 3 bedrooms and 3 baths built on .78 of an acre with a sweeping lawn down to the road and a boat house and dock on the other side of the road. It was listed in April of 2013 for $2,100,000 and sold in June for $2,530,000! |
|
| 255 West Shore Road is a 1344 sq. ft. cape with 4 bedrooms and 1 bath built on .89 of an acre with a dock on the other side of the road. It was listed in June of 2013 for $650,000 and closed in September for $525,000. |
If you or your friends need any real estate help, please keep us in mind. You can find all the properties for sale on our website, www.bainrealestate.com. You can also receive this letter and other neighborhood real estate information by leaving your email address there or sending it to me at db@bainrealestate.com. Have a great spring/summer. I will write again next year.
Sincerely,
David Bain
Chris Garrity
And the Kent office-Toni Soule, Marilyn DeVos, Eve Iselin and Scott Harvey
Please note that not all listings and sales transactions are through David Bain Real Estate.