Bain Real Estate Cornwall Cream Hill 2018 March Market Report.
What an eccentric month February was! Snow, sleet, rain, ice, warm sunny days and it is supposed to be winter. Spring is definitely on the way bringing a new burst of energy to Real Estate. This neighborhood is one of the most active. There have been 6 sales since last we wrote, 2 of them land sales.
233 Sharon Goshen Turnpike is a 1978 contemporary 4 bedroom house high on a hill with 3 levels of living space. Beautifully landscaped with a heated in ground pool at the end of a long winding uphill drive, this sanctuary welcomes all. The bedrooms are on both the upper and lower levels. The lower level has a full walkout to the manicured grounds. Originally listed at $618,000 it sold in 213 days at $580,000.
30 Reed Brook Road is a 1999 contemporary Colonial at the end of a private road off Cream Hill Road. It sits on 3 acres, 4 bedrooms, eat in kitchen which opens to a family room with fireplace and a screened porch plus an attached 2 car garage. All the bedrooms are upstairs, including the master with a bath en suite. Originally listed at $625,000, it sold quickly at $500,000.
8 Town Street is an 1846 Colonial farmhouse of 3000 square feet sited on 16 acres. It had been purchased in 2008 for $530,000 and more than that had been spent in upgrades and remodeling, but it was incompletely finished. It included 3 bedrooms, 3 full baths, redone kitchen, attic converted into a den, finished basement family room with a walk out. Originally listed at $610,000 in 2011 it closed for $400,000. This was an incredible buy!
214 Town Street is actually adjacent land parcels, one 42.6 acres, the other 43.51 acres.
All the land is either forest or farm land so the assessment is very low which translates to low taxes, but the land sold for $1,450,000.
191 Town Street is a beautifully finished cottage with 3 bedrooms sited on 3 acres. It was built in 1985 and extensively remodeled in 2006. It featured an exterior of stucco, wood shingle roof, chef's kitchen with a butler's pantry. Originally priced at $775,000, reduced to $595,000 it closed at $530,000.
Town Street land of 4.6 acres from the Scoville Farm has been sold to a family member for $160,000.
Here's what's for sale:
Immediately east of the Cornwall Consolidated School on Cream Hill David Bain has a lovely 9 acre lot for sale which offers both views and seclusion. It does need to have a driveway installed to the building site of your choice. Fantastic value at $105,000.
North on Town Street there is a private road called Stone Hill Road. It is a 4 lot subdivision originally a part of the Scoville Farm. 2 lots have houses on them now, the other 2 are available for building your dream house.
15 Stone Hill Road is a 3.3 acre, partially cleared offering pastoral views. Chris Garrity has this lot listed at $157,500.
20 Stone Hill Road is across the road and features a small brook and a drive in to the back of the lot for a potential building are. It is my listing at $199,000.
25 Reed Brook Road is a spacious 4 bedroom house with a large screened in porch. This private cul de sac has 4 homes.
There is a detached 2 car garage, a large airy quilting studio (could become a home office), private dining room and living
room with a wood burning fireplace. An automatic full house generator guaranteed comfortable living throughout the winter storms. $750,000.
That is the current news in real estate in your neighborhood. Please stop by our office or call with any questions you may have. We'd love to show you around or just talk about the market.
and the Cornwall Crew: Dave Hurlbut, Asher Pavel and Heidi Kearns
Please note that not all listings and sales transactions are through David Bain Real Estate
Bain Real Estate Ellsworth 2018 March Market Report
The strengthening of real estate market has been increasing for two years as born our in the diminishing inventory of homes for sale. 2015 there were 70 houses available for sale in Sharon. 2016 averaged 47 residential homes and presently we have 49 homes for sale.
Equally strong are sales with 51 homes selling in the last 12 months just slightly below the 55 sales the year prior. The increased demand and a sell-off of an over supplied market of 75 listings a few years back is promising.
Even with fewer houses available there are still a number of distractions that foster a buyer's hesitation, whether it is unpredictable international or national events, the financial uncertainty of the State of Connecticut or the coming of age of younger buyers whose desires and goals vary considerably from the previous generation of buyers, there seems to be some uncertain issues.
The Millennial Buyer who wishes to purchase a home in tip top condition is one such issue. It's challenging to discern if the culprit is the HGTV influence or the fact that today's 30-40 year old was not brought up to relate to fixing up houses is unanswered. Nevertheless a house that needs considerable work or is "tired" or not updated is more often passed over for one that is ready to move in or new. The better your house presents, the higher the value you will see.
There were 14 sales in the neighborhood with strong values. Here is what has happened.
Designed and sited to enjoy panoramic views of the Housatonic River Valley, 40 Herb Road is nearly surrounded by protected land. With generous windows, an open floor plan, light-filled rooms, high ceilings, hardwood floors, high quality finishes are evident throughout the 3500+ square feet. The stone fireplace, flanked by atrium doors accessing the screened-in porch, is the focal point of the living room. The eat-in kitchen is equipped with Viking appliances. The main floor master bedroom has dramatic views. Attached to the 2-car garage is a large utility shed for storage. It is set on 12+ private acres. This home sold for $1,450,000.
45 Morey Road is a house I listed for $995,000 which sold for $920,000. Set well off the gravel section of Morey Road and well back in a field overlooking a dramatic meadow with long views. Extraordinary custom details in this custom Colonial. Open country kitchen with top appliances, soapstone countertops and a deep farmer's sink is the heart of the house. The living room area features a fireplace, wood flooring and enters on both the formal dining room and salon. There are French doors to the pool and level yard. 4 bedrooms on the second level, plus large creative space for hobbies or gym on the third floor. 12 acres of woods open fields and a small orchard.
There are 2 wood burning fireplaces, exposed beams and wide board floors in this antique eyebrow Colonial at 21 South Ellsworth. The main floor library features an en suite full bath, closet and fireplace and could easily serve as a main floor master suite if desired. There are 3 bedrooms and a full bath upstairs. The gardens are stunning and the setting is poetic with picket fence, stone walls and vistas to the hills beyond. It closed for $590,000.
19 South Ellsworth is an 1815 home in top condition that sold privately within the family. The town records have this home with 3 bedrooms, 3 full and 2 half bathrooms in 2424 sf. This antique home is sited on .6 of an acre and transferred for $700,000.
A wooded lot of 2.03 acres on West Woods Road sold for $75,000. A large brook runs through the parcel that has stone walls, large native hardwoods and nice level areas for building.
3 Dunbar Road is where a lovely antique colonial recently sold for $355,000. This 1750 Antique is in need of some care and renovation. This home features 4 bedrooms and 2 baths in 3000 sq.ft. of living space. Many original features are still present like the newel post, wide board floors, front entry, built-in corner hutches and more. Set on just under one acre of land.
A beautiful colonial on 5 acres sold for $455,299 at 174 West Woods Road. Built in 2007 for over 1 million dollars, this bank owned home offers 4 beds and 3.5 baths with approx. 3736 square feet of living space; attached 3 car garage; In-ground pool; Full finished basement with extra half bath. The large country kitchen has granite counters, stainless steel appliances, fireplace and ample storage and counter space.
33 Tichnor Road transferred again. This time the house was modified to provide an additional full bathroom for the master suite, central ac and a fieldstone fireplace. Designed by Rafe Churchill the finest quality fixtures, appliances, and finishes are evident throughout the 2400 square feet. The floors on the main level are high grade painted industrial epoxy floors over concrete. The kitchen is equipped with a Capital Range, Fisher Paykel Dishwasher drawers, Liebherr Refrigerator, and Farmhouse sink. Floor-to-ceiling window overlooked the lush landscaped grounds and 4 acres. The dining room has a beamed ceiling and opens onto the screened-in porch. The family room has a vaulted ceiling, fireplace, built-ins. Close to the house are a cottage-studio and barn-gym. The 4+ acres, located on a quiet, scenic road, have been landscaped with gardens, large lawns, stonework and gazebo. It closed for $875,000.
2 Northrup Road is a 1922 country hideaway nestled amid 9 private acres of woods. Renovated and expanded to include an open floor plan of 1751sf, encompassing the living and dining areas that feature a fireplace with granite surround, and French doors to the expansive deck. There are three bedrooms and two and one half baths all on one level including the master bedroom with a vaulted ceiling, French doors to the deck, a walk-in closet and full bath with soaking tub. The grounds have stone walls, an arbor, perennial gardens and fruit trees. The acreage includes a mix of woodlands, a small brook that passes through one corner of the property. It sold for $425,000.
Across the road, across a tumbling brook and up the winding driveway finds an A1 award winning elegant and modern retreat at 7 Northrup Road. Set amidst 19 acres this carefully designed home utilizes efficiently every inch its 832 square foot space. From the Sub Zero to the centrally located fireplace, the master bedroom and the two sofas in the living room that can turn into extra beds. This 2010 home provides maximum of comfort in a minimalist package. This special home focuses on easy living, its 50' long pool, its secluded location and distant views. It sold for $570,000.
A neighboring parcel of 5 acres was also sold to the same buyer at 1 Northrup for $75,000. This wooded parcel has a separate driveway roughed in to the building site.
9 Barberry Lane is a 32 acre open fields and woods known as Four Meadow Farm. With gently sloping land, a brook, 2 pond sites, old stone fences, dense forest and verdant meadows there is much to this property. The highest elevations offer extraordinary building sites with views of the Litchfield Hills. Dave Fairty of my firm had this offering that closed for $340,000.
21 Upper Ridge Road is a 1976 country home sited on 5.54 acres on a private road. This 1734 sf. Cape Cod has a Living room with fireplace and cathedral ceiling, kitchen with soapstone counters, first floor full bath, laundry, and a large den/family room leading out to a screened porch overlooking the property. Master bedroom and bath and guest bedroom are on the second floor. There is a detached 2-car garage with a large attached heated workshop. Open lawn with a birch grove, pond and borders a brook. It closed at $355,000.
Lastly, 29 Upper Ridge Road sold for $280,000. There are 1500sf. in this Barn House with a loft and open floor-plan. Nestled on over 6 acres of woods, this 2 Bedroom, 2 Bath home provides a country atmosphere with wide hardwood flooring and spacious screened porch.
There are a few offerings on the market and if interested call us, stop by the office or visit our website at www.bainrealestate.com. One can find not only the afore mentioned listings and sales but also one can find this letter and all other Sharon neighborhood letters archived on our site too. And if you wish to follow our blog for new listings, sales and other interesting real estate tidbits join up from our website.
All the best,
Chris Garrity &
Please note that not all listings and sales transactions are through David Bain Real Estate