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East Cornwall | 5 Posts
East Warren | 5 Posts
Ellsworth | 5 Posts
Kent Hollow | 4 Posts
Kent Village | 4 Posts
Long Mountain | 2 Posts
Merryall | 2 Posts
Mid Cornwall | 5 Posts
Mudge Pond | 5 Posts
Route 7 South | 3 Posts
Segar Mountain | 6 Posts
Sharon Mountain | 4 Posts
Sharon Village | 4 Posts
Silver Lake | 5 Posts
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South Kent | 3 Posts
Spectacle Lakes | 5 Posts
Waramaug | 4 Posts
West Cornwall | 7 Posts
West Warren | 5 Posts
Westwoods | 4 Posts
White Hollow | 4 Posts
October
5

 

Dear Neighbor,

In the spirit of getting back to normal, our neighborhood letters are out again with hopes of keeping you informed on local sales, offerings, trends and the Bain perspective.

The pandemic unleashed a flight to Cornwall from NYC, swelling our schools, absorbing our housing inventory and pushing our values to levels not seen in a long time, if ever. 

All of this has some buyers and many more sellers on the sidelines waiting.  Waiting for what is the question.  The idea that the market will be flush with listings soon is not realistic. It is a seller's market.  We predict this new paradigm will be here for a number of years to come.

In the whole of Cornwall there were 28 property sales in the last 12 months, 8 of those were land sales and 7 were over $1 million! The previous 12 month period saw 55 property sales with 12 land sales and 10 properties sold over the $1 million mark. Going back a third year when we were moving into Covid times, there were 29 sales with 7 being land sales and just 5 over $1 million. Currently there are only 15 properties available in Cornwall and 7 of those are land offerings and 9 are over $1 million leaving only 6 residential properties for sales below that mark. Slim pickings!

In Cream Hill there were 9 sales in the last 12 months. This dramatic drop is not due to lack of interest, but lack of inventory. Despite fewer listings, purchasing desire is strong, sales are brisk and competition s fierce.  Here is what has transpired:

 

432 Cream Hill Rd                       6/24/2021                   $1,100,000

Originally built in 1896, this Antique Colonial is located in the truly scenic Cream Hill section of Cornwall. The first floor of the home includes a light-filled sunroom, rustic kitchen that opens to a dining area with woodstove, plus a living room with fireplace. The house was expanded and now includes a library and primary bedroom suite on the main level with private bath and walk-in closet. The property consists of 8 private acres and includes a large fully-finished detached barn with studio.

 

293 Cream Hill Rd (Lots 1&2)      3/8/2022                  $350,000

This parcel contains a meadow overlooking the Taconic Range to the north. The property owner sold two lots as one, restricting the lot on Cream Hill to a no build lot, but allowing access to the rear pasture lot to the best building site with views.

 

336 Town St               7/7/2022                   $700,000

This was a direct sale of a cottage originally built in 1920 on 7.70 acres with 2192 sq. ft. and updates containing 3 bedrooms and 2 full baths

 

148 Cream Hill Rd               8/29/2022                   $1,500,000

This historic Colonial has undergone a complete interior renovation in the mid 1990's with precise attention to detail in regard to preservation of character. Kitchen has wood flooring and beams from a Brooklyn Sugar mill, marble countertops, period plumbing and bath fixtures, period door knobs and hinges. Views from every window on all 3 living floors. Property includes extensive gardens including a farm orchard on over 24 acres and post-and-beam barn.

 

193 Town St               11/17/2021                   $1,380,000

This English Country Cottage home comes with 3 bedroom, 2 bath on 3 private acres. A light-filled dining room includes ceiling to floor bookshelves. Spacious living room with a fireplace, reading nook with bookshelves, and French doors that open up to the patio. Kitchen includes butcher block counters, breakfast area and full bath. The upstairs there are 3 bedrooms, full bath, and laundry. A generator, raised beds for gardening, and stone walls complete this unique property.

 

191 Town St               6/1/2022                   $855,000

This charming English Country Cottage is a gem on one of Cornwall's most coveted roads. A peastone driveway leads to an enchanting 3 bedroom, 2 bath home situated on 3 private and level acres. An inviting front patio is outlined by a decorative stone wall creates an oasis for cozy outdoor entertaining. Inside, the main level features a light-filled dining room off to the right with ceiling to floor bookshelves. To the left, the front hall leads to a spacious living room with a fireplace, reading nook with bookshelves, and French doors that open up to the patio. The lovely kitchen includes butcher block counters, breakfast area and full bath. The upstairs includes 3 bedrooms, full bath, and laundry. A generator, raised beds for gardening, and stone walls complete this unique property.

 

51 Cream Hill Rd               7/6/2021                   $22,000

This was a wooded 1 acre pre-existing non conforming parcel that was not a town approved building lot approved building lot at time of sale. With approval by Torrington Area Health

Department it may be possible to get town approval for a house site.

00 Town St               8/11/2021                   $260,000

Long road frontage and at the rear of the property are long Eastern and Western views from this excellent Cornwall location.

This 67.2 acre parcels offers some old pasture, some wetlands and several very desirable and mostly flat house sites along the ridge line.

Lengthy driveways will be required.

 

62 Sharon Goshen Tpke               6/14/2021                   $575,000

This Split level 1516 sq. ft. split level home was built in 1960 on 13.8 acres. A beautifully renovated four-bedroom three-bath home atop 13.8 open and lightly wooded. The open floor plan incorporates the living room with a wood-burning fireplace, large window with expansive sunset views, dining room, and kitchen with breakfast bar.  It sold privately on 6/17/21.

 

We hope you are well and keep strong spirits. We feel so fortunate to be here, continuing working and thriving in this very curious time. Thank you.

And if you are considering selling this seems to be an unprecedented time to capitalize. Call us for a free assessment of your house, office or condo. Or stop by the office or visit our website at www.bainrealestate.com

All the best!

David Bain

 

David Bain & Associates- Chris Garrity, Debbie Bain, Toni Soule, Erin Hull, Amy Danis, Amy Longley, Elisa Waysenson & Heidi Kearns

 

February
8

 

 

Bain Real Estate Brookwoods and North Kent 2020 January Market Report.

PLEASE CLICK HERE TO SEE THE MAP

Dear Neighbor,

The New Year provides a review of how Kent's real estate values have unfolded in 2019. Little has changed from 2018 with 49 closings and 53 sales in 2019.  A surprising statistic is the significant reduction in inventory.  Listing inventory is down over 15% YTY.  There are only 33 homes available. What are the implications?   We think that market constriction will likely bolster house values and make land, which has yet to recover from the 2006 recession, all the more intriguing. 

Nearly 60% of Kent sales in 2019 were below $400K.  The $400K-$1MM range earned 30% of the market transactions while 10% (5 sales) transpired above the $1MM mark.

Those who've been waiting on land to regain values lost over the last 13 years may find land sales rebound in 2020. The lack of house listings and a limited number of land offering (16 parcels) is a positive sign, though a cautionary perspective is advised as there were only 2 land transactions in Kent this past year.

 

Here it is what has transpired in your neighborhood in the last 12 months.

 

310 Kent Cornwall Road- Sold–$200,256

A foreclosure that requires considerable renovation. This colonial built in 1900 offers 2800 square feet. It has 3 bedrooms and 2.5 bathrooms. There is a nicely sized kitchen, separate dining area, a family room and mud room. The living room offers access to a back yard and 2.75 acres. There is hardwood flooring throughout plus a two car detached garage and a full, unfinished basement.

 

  316 Kent Cornwall Road- Sold- $1,002,000

This 1797 barn with new construction offers 3 bedrooms and 3.5 bathrooms. Soaring ceiling, stone fireplace, exposed posts & beams, barn siding, open space, and silo are the major features. There is a modern kitchen and baths, oak flooring, smart home technology and a park-like setting with a pond and pool.  The upper level has a loft overlooking the living room, a full bath and bedroom (in the silo) with a conical ceiling. The lower level has a 3-season porch, media room and laundry. The level and open property is entailed on 3.6 acres and features a gunite pool, pond, pergola and sweeping lawns and native shade trees.

  

497 Kent Cornwall Road-Sold-$260,000

1985 contemporary ranch with views of the Housatonic River entails 3 bedrooms and 2 bathrooms in over 2200 sq. ft.  An open floor plan includes a wood-beamed living room, dining area and kitchen.  Plus, it has a large sunroom offering a vaulted ceiling and access to a deck with back yard views of the river. The lower level has a family room, wood stove and two additional rooms plus a full bath and sliding doors to the exterior. Set on 1.91 acres of woods.

There were no sales in Brookwoods in the last year but there are two properties on the market for sale for an average asking price of $234,500.  That's slightly above the average sale in the last 5 years of $230,666.

There are other 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 aforementioned listings and sales but also one can find this letter and all other Kent 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. 

 

Happy 2020,

 

David Bain &

Chris Garrity

Associates: Toni Soule, Marilyn DeVos, David Hurlburt, Scott Harvey, Karen Grimaldi, Heidi Kearns,

Asher and Priscilla Pavel

 

         

Please note that not all listings and sales transactions are through David Bain Real Estate

 

 

January
11

Bain Real Estate 2020 January Studio Hill and Cobble Market Report.

PLEASE CLICK HERE TO SEE THE MAP.

 

 

Dear Neighbor,

The New Year provides a review of how Kent's real estate values have unfolded in 2019. Little has changed from 2018 with 49 closings and 53 sales in 2019.  A surprising statistic is the significant reduction in inventory.  Listing inventory is down over 15% YTY.  There are only 33 homes available. What are the implications?   We think that market constriction will likely bolster house values and make land, which has yet to recover from the 2006 recession, all the more intriguing. 

 

Nearly 60% of Kent sales in 2019 were below $400K.  The $400K-$1MM range earned 30% of the market transactions while 10% (5 sales) transpired above the $1MM mark.

 

Those who've been waiting on land to regain values lost over the last 13 years may find land sales rebound in 2020. The lack of house listings and a limited number of land offering (16 parcels) is a positive sign, though a cautionary perspective is advised as there were only 2 land transactions in Kent this past year.

 

Here it is what has transpired in your neighborhood since our last letter.

 

119 North Main Street- Sold-$620,000

With antique farmhouse charm and character of its 1860 vintage, this home has been modernized for today.  Four+ acres with open land, mature trees and mountain and sunset views. This 3-bedroom home has a living room with fireplace, dining room, sitting room and updated kitchen. There is a wrap-around porch and patio overlooking designed gardens. A few steps away is a 24' x 36' barn/guesthouse with original beams, new doors and windows and a full bath ideal as a studio or workspace as well.

 

49 Kent Cornwall Road- Sold- $215,000

2+ bedroom home with a large kitchen that opens to both a living room and a dining room is spacious enough for an extra sitting area as well. Both bedrooms, each with their own private full bathroom, are located on the first floor and have access to a back deck that overlooks the level backyard. Upstairs, there's an additional room that could be used as a home office.

 

 

71 Kent Cornwall Road- Sold-$147,000

This investment opportunity (this has been a rental for past 7 years) requires attention and updates. It has two bedrooms upstairs with bath in-between. Downstairs has light filled kitchen and small area for a table plus a living room with a fireplace. It has a decent backyard with brook and shared well with neighboring property. Bain associate, Toni Soule represented both sides in the sale.

 

   

80 Kent Cornwall Road- Sold- $325,000

Colonial home that was originally built in 1915 but has been upgraded.

There are 4 bedrooms and 1 bath in the over 2000 sq. ft. home. Set on 1 acre.

This was a direct sale as per town records.

 

107 Kent Cornwall Road- Sold $927,500

 1738-1740 Colonial on 2 acres, renovated 20 years ago. The antique chestnut floors, beamed living room with fireplace and dining room have been kept intact.  There's a family room with fireplace plus a screened-in porch overlooking the pool. The master features a fireplace, en suite w/shower & claw foot tub. Second floor entails 5 en suite bedrooms. Finished 3rd floor with full bath and used as a study or bedroom.  A guest house entailing a living room with fireplace, kitchen, screened-in porch, and 1/2 bath plus a master suite featuring soaking tub and walk in shower.

 

36 Studio Hill Circle- Sold -$360,000

Sitting on a knoll at the end of a curving driveway surrounded by lawn and easy care gardens. With 3 bedrooms and 2.5 bathrooms in over 2400 sq. ft. this thoughtfully architected home has an open floor plan with the master suite on the first floor.  Spacious living room, formal dining room and a comfortable kitchen opens directly onto the spacious back deck which looks out on a beautiful lawn, gardens and protected woods. The 4.5 acres abuts over 200 acres of Cobble Vista Preserve on three sides. I listed this lovely property.

 

 

17 Woodin Road- Sold-$650,000

Modern styled home with an open floor plan and large expanses of glass bring the outdoors into every room. The kitchen has granite counters, an eating area with fireplace, a large great room with fireplace, and a formal dining room. In addition, the master bedroom suite also located on this level incorporates a fireplace, sitting room, two large closets, and private master bath. One level up is a large loft area currently used as a home office while the lowest level entails two bedrooms and a recreational room. House includes an indoor pool, backup generator, a wrap around deck and bluestone patio.

 

 

11 Woodin Road- Sold -$520,000

Contemporary atop a hill has windows and French doors offering vistas and provide each room with lots of natural light. The open floor plan has a living/dining room featuring a fireplace. The kitchen features soap stone counters and stainless appliances. The main floor master opens to an expansive wrapped deck. A terrace with a swimming hot tub and outdoor fireplace surrounded by beautiful stonework are sited out back. The lower level has four rooms, a full bath and a raised hearth fireplace and built–in book case.  There is a large two car garage attached.  I helped the purchaser in this transaction.

 

 

26 Green Hill Road- Sold- $595,000

At the end of a private road this modern country home has long views. There are 3 bedrooms in this 2400 sq. ft. built in 1998.  The main entry foyer opens to a large living room with a stone fireplace featuring wood floors, and doors that open to an English garden. The bright kitchen has granite counter tops and a breakfast bar, plus a dining room and sitting area. The master suite has a nice private view and the bath has with double sinks, large walk in shower and walk in closet. The upper level features two generous bedrooms and full bath.

 

92 Muller Road- Sold- Sold- $450,000

Atop 950 feet of elevation and nestled in the hillside, this home is for an adventurous spirit. Hike abutting land trust trails, splash in the seasonal waterfall or chill on the elevated deck with treetop and sunset vistas. The modern rustic home has an open layout on the main living floor and three spacious bedrooms on the first floor. A bank of large sliding doors opens on two sides to the deck and outdoor living space. There is a 1 car garage, basement for storage and a third floor loft for a private office. My partner Chris Garrity sold this house in 60 days.

 

146 Kent Cornwall Road- Sold- $375,000

Chris Garrity sold this 1940's Connecticut colonial. Custom carved dental moldings decorate the exterior transepts and gabled ends. Leaded glass windows outline the front door with a fan style leaded window gracing the top. There are 4 bedrooms and 1.5 bathrooms in the nearly 2000 square foot home. There is a formal dining room with built in corner cabinetry. The living room is anchored by a fireplace with uniquely designed mantel and a lovely sun room. The well-designed kitchen was renovated recently and offers top of the line appliances and granite counters. The office leads to an attached two car garage with ample storage above.

 

11 Chimney Rock Road- Sold- $254,080

Mid-century 1,514 sq. ft. ranch on a quiet town road with wonderful seasonal western views of St John's Ledges across the Housatonic River Valley. Featuring a spacious, light-filled living room with fireplace that opens onto a large outdoor deck, kitchen with a handy pantry, one full & one half baths  and three bedrooms all on one level. The lower level has space that could be used as a shop or for storage and access to a 2-car garage.  It's sited on a level .91 acre parcel with specimen trees.

 

22 Chimney Rock Road- Sold- $592,500

Apple Pond is both a rustic and a light-filled modern home. The living room's vaulted ceiling expands the space filled with a wood stove, built-in sitting area and an outdoor deck. This area includes a dining area with its own access to a spacious screen porch, a galley kitchen and a cozy guest room. The master bedroom suite takes full advantage of the views and utilizes a walk-in closet, private bath and a home office. The lowest level offers two bedrooms that share a hall bath, separate laundry room and a work area. After using the pond there is a convenient outdoor shower. Chris Garrity assisted the purchaser in this transaction.

 

  40 Botsford Road- For Sale- $395,500

Nestled on a wooded hillside at the very end of a small town road, this home is set on 12.74 private acres with a brook tumbling through it. The living room has a wood beamed and vaulted ceiling with fieldstone fireplace and French doors opening to the stone and wrought iron patio and western views. The dining room has arched windows, beamed ceiling all detailed in pecky Cyprus wood.  There is a charming cook's kitchen and three en suite bedrooms. The master bedroom is on the main floor with an attached sun room. Modern touches of central air and a new roof are comforting.  I have this listed.

 

There are other 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 aforementioned listings and sales but also one can find this letter and all other Kent 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. 

 

Happy 2020,

 

David Bain &

Chris Garrity-Toni Soule, Marilyn DeVos, David Hurlburt, Scott Harvey, Karen Grimaldi, Heidi Kearns and

Asher and Priscilla Pavel

 

Please note that not all listings and sales transactions are through David Bain Real Estate

 

December
23

Bain Real Estate 2019 December Segar Mountain Market Report.

PLEASE CLICK HERE TO SEE THE MAP

 

Dear Neighbor,

 

December provides a review of how Kent's real estate values have unfolded. Little has changed from 2018 to 2019 with 49 closings in 2018 and 51 sales this year.  A surprising statistic is the significant reduction in inventory.  Listing inventory is down 15% YTY.  There are only 39 homes available. What are the implications?   Market constriction will likely bolster house values and make land, which has yet to recover from the 2006 recession, more intriguing. 

 

Nearly 60% of Kent sales this year have been below $400K.  The $400K-$1MM range earned 30% of the market transactions while 10% (5 sales) transpired above the $1MM mark.

 

Those waiting on land to regain values lost over the last 13 years may find land sales rebound in 2020. The lack of house options and only 16 land offerings is a positive sign, though a cautionary perspective is advised as there were only 2 land transactions in Kent this past year.

Here it is what has transpired in your neighborhood in the last 12 months.

 

28 Segar Mountain Road

This 16' x 38; 1 bedroom, 1 bathroom ranch has a new 3 bedroom septic and southern views over its gardened back yard. It's an ideal solar site. Just on the edge of the village, it is close to town but has a country feel. This one is clean and neat and I listed it for $139,500 and it sold for $135,000.

 

128 Segar Mountain Road

I sold this property for $225,000 in 1998.  Last year, a fire heavily damaged this 5 bedroom post and beam home with large windows and an open floor plan.  I recently sold this house and the renovations are underway. With considerable potential this 2800 sq. ft. home sold for $218,000.

  

9 South Road

Toni Soule & Chris Garrity sold this 3 bedroom, 2 bathroom raised ranch with a spacious living room and formal dining room.  Kitchen leads to a 14x24 deck overlooking 3 acres of manicured grounds. The lower level can be an in-law space or a family room. Built in 1987 this house has over 2300 sq. ft. with a separate laundry room, office a 2-car garage.  It closed for $265,000.

 

55 Stone Fences Lane

A 1996 4-bedroom, 3 and a half bathroom home entails over 2400 sq. ft. and has a first floor master with whirlpool tub. Other features include a fireplace, vaulted ceilings, deck and finished walk-out lower level. The newly renovated kitchen includes stainless steel gas range and stone counters. Sited on 2.41 private acres, it sold at $374,500 after spending 2 years on the market.

 

39 Stone Fences Lane

This 1996 farmhouse house offers over 2400 sq. ft.  The kitchen has stainless appliances and granite counters plus easy access to a wraparound mahogany deck. Main floor has both a master with walk-in closet and en-suite bath and a bookshelf lined living room. Three additional bedrooms are on the 2nd level while the lower level is a family room.  This sold for $440,000.

 

16 Stone Fences Lane

This 2006 Cape Cod has a 1st floor master with both laundry and bathroom en-suite. Two additional bedrooms and a full bath are upstairs. There is a large, eat-in kitchen plus a formal dining room. The attached 2 car garage provides shelter from the weather.  There are 2.77 acres of level land. Priscilla Pavel of my office listed this for 134 days when it sold for $380,000.

 

15 Bald Hill Road

This1969 Split Level style home offering over 1,000 sq. ft. is up on 2.5 acres of land. Requiring considerable work, it has 3 bedrooms, 2 bathrooms, full basement for added storage and a 2 car garage.  Listed for over a year this Bank Owned property sold for $94,400 

 

30 Kenmont Road

Along the shores of the west end of North Spectacle Lake we have listed a seasonal cottage. Known as the "Big House" by the family who built it in the early 1900's it sits above the lake with views and steps to the dock and lakeside.  With just under 1000 sq. ft. the place has two bedrooms, 1 bathroom a fireplace and a screened porch.  It's a lovely getaway for $289,000.

 

  38 Davis Road

Antique 1-room school house circa 1900 has cottage features, cathedral ceilings, framed-in bedroom, bathroom, staircase to a loft and cupola on the roof. Requiring imagination and creativity this perfect small house offered potential. This home was sold in "as is" condition and has since been upgraded by the new owners who purchased the building for $50,000.

  

There are other 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 aforementioned listings and sales but also one can find this letter and all other Kent 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. 

 

Happy Holidays,

David Bain &

Chris Garrity-Toni Soule, Marilyn DeVos, David Hurlburt, Scott Harvey, Karen Grimaldi, Heidi Kearns,

Asher and Priscilla Pavel

 

Please note that not all listings and sales transactions are through David Bain Real Estate

 

 

December
21

Bain Real Estate 2019 December Spectacle Lakes Market Report.

Dear Neighbor,

PLEASE CLICK HERE TO SEE THE MAP.

 

As we close out 2019 it is interesting to see how the year in Kent and area real estate unfolded. Sales, year over year proved consistent from 2018 to 2019 with 49 closings in 2018 and 51 sales this year.  But the real surprising statistic is the significant reduction in inventory.  Listing inventory is down 15%.  There are 39 homes available. What are the implications?   Market constriction will likely bolster values and are spotlighting land that has still yet to recover from the 2006 recession. 

 

Nearly 60% of the sales in Kent this year have been under $400,000.  The $400,000-$1,000,000 range earned 30% of the market transactions while 10% or 5 sales transpired above the $1MM mark.

 

As noted above, the opportunity for land sales to rebound with the lack of house options and only 16 land offerings, this is a positive sign for those waiting on their land to regain the lost value. Though as we have learned this is a cautionary perspective as there were only 2 land transactions in the last year and a number of bank owned parcels are still available in the neighborhood.

 

The most impactful news in the neighborhood is of course the proposed cellular tower in the Spectacle Lake neighborhood.   There are two properties that are under lease by the company (Bald Hill and Richards Road) and pose considerable value impact to the area.  Either site, if state approval is granted, will feature a tower of between 125' and 175' in height thus being visible from not only the neighborhood but from far beyond.  While the merits of the safety and communications are important, these considerations clash with the rural beauty and preservation priorities of many Kent residents and Planning and Zoning's.   

 

Here it is what has transpired in your neighborhood in the last 12 months.

 

Most of the activity occurred in the St. John's area of the neighborhood with a generous gifting of a 100 acre parcel to the Kent Land Trust.  My partner, Chris Garrity sold the Aroesty family this property that features views of the Catskills and the Yuza Mini brook.  While remote, this parcel connects nicely with other protected parcels.  Thank you Jeff and Kelly for your donation.

 

Of the 16 parcels of land in Kent that are for sale, 10 are in St. John's Peak neighborhood. There have been a few parcels that are now owned by the lender who took over non performing loans. The lot prices range from $44,900 to $395,000.

 

9 Old Paddock Lane

This newer 2500 sq. foot 3-bedroom, 2 and a half bathroom Colonial home is located on 14 acres at the end of the road. The wood shake and vertical shiplap with the roof a combination of metal and asphalt shingles makes this an interesting home. The open floor plan entails a large living/dining area with a native stone fireplace and an atrium door to the deck. An eat-in kitchen features shaker style cabinetry, farmhouse sink, and Viking range. The master has two walk-in closets and en suite bath. There is both an office and library with bookshelves and fireplace. A 2-car garage is attached plus storage barn. Much of the acreage remains woodland and a portion of the property abuts Wyantenock State Forest while the house is surrounded by open lawns and gardens. Closed in late 2018 this house sold for $570,000 with only 45 days on the market.

 

12 Old Homstead Lane

A privately sited 4 bedroom, 3.5 bath Colonial set on 6 acres.  There is a 1st floor bedroom en suite. This home is tastefully designed and well constructed. The open floor plan offers a modern touch to the traditional style.  Master bedroom features 2 walk-in closets & full bath. The separate 3-car garage offers ample storage. Immediately abuts Protected Lands. Initially listed in 2015 for $920,000, the house sold for $752,500 this past February.

 

  59 Kenico Road

An idyllic Orvis-type lakefront cottage steps from North Spectacle Lake. The living room and kitchen both center on the 1930's native stone fireplace with sliders opening to the deck and lake. Completely renovated in 2007 it has new bathrooms and country kitchen featuring central air conditioning and hardwood floors. There is an outdoor fireplace on the wrap-around deck overlooking the level lakefront with sandy bottom. Mountain laurel and large oak trees dot the 5.7 acre lakeside parcel which Chris Garrity sold this in 2006 for $1,330,000 and sold it again this past summer for $1,365,000.

 

30 Kenmont Road

Along the shores of the west end of North Spectacle Lake we have listed a seasonal cottage. Known as the "Big House" by the family who built it in the early 1900's it sits above the lake with views and steps to the dock and lakeside.  With just under 1000 sq. ft. the place has two bedrooms, 1 bathroom a fireplace and a screened porch.  It's a lovely getaway for $289,000.

 

38 Davis Road

An antique one room school house circa 1900 is a charming cottage featuring cathedral ceilings, framed-in bedroom, bathroom and staircase to a loft. Prior additions included a cupola on the roof and electric upgrade from 100A service to 200A. Requiring imagination and creativity this perfect small house offered potential. This home was sold in "as is" condition and has since been upgraded by the new owners who purchased the building for $50,000.

 

15 Bald Hill Road

This 1969 Split Level style home offering over 1,000 sq. ft. is up on 2.5 acres of land. Requiring considerable work, it has 3 bedrooms, 2 bathrooms, full basement for added storage and a 2 car garage.  Listed for over a year, this bank owned property sold for $94,400. 

 

  9 South Road

Toni Soule & Chris Garrity sold this 3 bedroom, 2 bathroom raised ranch with a spacious living room and formal dining room.  Kitchen leads to a 14x24 deck overlooking 3 acres of manicured grounds. The lower level can be an in-law space or a family room. Built in 1987 this house has over 2300 sq. ft. with a separate laundry room, office a 2-car garage.  Closed for $265,000.

 

11 Upper Kent Hollow Road

An existing cottage sits on 7.12 acres of largely open land.  The cottage was gutted to prep for a renovation that never took place, an existing septic and well whose conditions are unknown. My agent Toni Soule sold this for $139,000 and new owners have already begun renovations.

                                            

40 Spectacle Ridge Road

This custom built and designed American Shingle Style is perfect for a site which enjoys spectacular panoramic views over Lake Waramaug and Kent Hollow framed by the large windows in most rooms. The living room features a fireplace and a library alcove. The well equipped kitchen with an eat-in area opens to the family room with a fireplace and access to a terrific screened-in porch. On the second level are 4 bedrooms. The master bedroom has a fireplace and a luxurious bath with soaking tub and oversized shower. Two bedrooms share a bath; another has a bath en suite. A room over the 3-car garage could be a 5th bedroom. Walk-out, finished lower level has gym and game room. Professionally landscaped gardens have natural stone walkways, and an infinity-edged pool offers a view. It was listed for $2,750,000 and closed for $2,450,000.

 

There are other 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 aforementioned listings and sales but also one can find this letter and all other Kent 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. 

 

Happy Holidays,

David Bain &

Chris Garrity-Toni Soule, Marilyn DeVos, David Hurlburt, Scott Harvey, Karen Grimaldi

Asher and Priscilla Pavel

 

Please note that not all listings and sales transactions are through David Bain Real Estate

 

December
3

 

Bain Real Estate 2019 November Upper End Market Report

 

Dear Neighbor,

 

It's time to look at the past year to see what happened to the upper end market.  This letter is an update of the activity between October 31, 2018 and today within the context of the 11 towns we service in Northwest Connecticut. There are a lot of statistics, but they do tell us things about the market. 

 

The market is strong even though there are still 196 properties over the $1M mark that have not yet sold.  Note the average sale price continues to grow and the average days on market is up by almost 37 days.

                   

Salisbury and Washington had the best year with the most sales with Roxbury in third place.  Washington again has the most unsold properties on the market for the last 6 years.  It is also interesting to track the progression of both listings and sales in each town to see where the action has been.  The percentage of sold properties to the number of unsold properties on the market is a little low this year.

   

We believe there is no better place within 90 miles of NYC that offers so much as NW CT.  We're blessed with such natural beauty, safe environment, many cultural amenities and interesting friends with whom to share it all.  The demand to live here is solid and constant. We are the lucky ones.

 

On to the details of what happened in our four specialty areas in the last 12 months.

 

Kent had 4 residential sales:

  1. 152 Ore Hill Road is a 3800 sq. ft. colonial with 4 bedrooms built in 1986 on 7.4 acres with long SE views that sold in May for $1,500,000, down from it's original list of $2,395,000 after 569 days on the market.
  2. 109 Mountain Road is a 8038 sq. ft. colonial with 7 bedrooms built on 125 acres set high on a hill with long southern views that sold in May for $3,100,000, down from $3,950,000 after 213 days on the market.
  3. 155 Camp Flats Road is a 4063 sq. ft. contemporary set privately on 45 acres with good southern views in the heart of south Kent. It was purchased by its neighbor without going on the market in January for $1,588,000
  4. 34 Macedonia Road is a 6,251 sq. ft. contemporary with 7 bedrooms built on 17 pastoral acres on the edge of the village that sold in September for $1,900,000 down from it's original list price of $4,950,000 after 811 days on the market.

 

 

Sharon had 7 residential sales:

  1. 230 Mudge Pond Road is a 3740 sq. ft. colonial with 4 bedrooms built in 1992 on 6.28 acres that sold in July for $1,371,000 in 160 days, down from its list of $1,750,000.
  2. 15 West Meadow Road, one of our listings, is a 2400 sq. ft. farm house with 3 bedrooms built in 1996 on 7.51 acres with long western views over protected lands that sold in April for $1,250,000 after just 87 days on the market, down from its list of $1,495,000.
  3. 85 South Main Street is a 7500 sq. ft. contemporary with 5 bedrooms built on a 10.5 acre flag lot with lots of privacy in 2006. It sold in April for $1,600,000 in 444 days, down from its original list of $2,485,000
  4. 174 Amenia Union Road is 171 acres of rolling pasture in the NE corner of Lambert Road and Route 41. Productive farm land that has Mill Brook running through its middle. It sold in April without going on the market for $2,425,000.
  5. 75 Keeler Road is a Trelleborg contemporary with 3 bedrooms in 4118 sq.ft. built in 1991 on 20 acres abutting state forest with Macedonia brook running through it. It also had a pool and a marvelous green house.  It sold in March for $1,205,400, down from it's original price of $2,195,000 and 605 days on the market.
  6. 33 South Main Street is a 6,239 sq. ft. colonial with 4 bedrooms built originally in 1964 on 5,27 acres. Originally on the market for $2,150,000, it became bank owned and sold in February for $1,085,000 after 326 days on the market.
  7. 13 Herb Road is a 3988 sq. ft. contemporary with 4 bedrooms, pool and tennis court built on 5.94 acres in 1974. We sold it this November for $1,300,000 after 415 days on the market, down from its original list of $1,698,000

 

Cornwall had two sales in the over $1M:

  1. 61 Castle Road, this was out listing and our sale. Known as the Cornwall Castle, its main house was 8400 sq. ft. with 8 bedrooms. On the market for years at prices above $5M until Chase Bank took it over and listed it for $1,900,000 with 275 acres.  Un inhabited for years, it needed a lot of restoration. We sold it in 65 days in June for $1,600,000 and are happy to say it is being beautifully restored.
  2. 28 Reed Brook is a 6500 sq. ft. 5 bedroom contemporary built in 2007 on 18 private acres. It sold in September for $2,725,000, down from $3,950,000 after 730 days on the market.

 

In Warren there were 2 sales.

 

  1. 15 Melius Road is a 3004 sq .ft. colonial built in 1759 and now on 3.68 landscaped acres with pool and pool house that sold in March for $1,750,000 down from its original list of $1,495,000 after 94 days on the market.

 

  1. 64 Hopkins Road is a 5100 sq. ft. 3 bedroom contemporary just built in 2018 on 2.2 acres surrounded by Hopkins Vineyards sold in June for $1,575,000, down from its original list price of $2,350,000 after 310 days on the market.

  

If you or your friends would like more information on any of these sales or any listings offered in this price range, please call us.  We have three offices in Kent, Sharon and Cornwall and we listing and selling in those towns for more that 44 years.  We will show you or your friends the entire market, regardless of town or agency.  Should you wish to read this letter online or our letters of the previous year's sales, you can find them at www.bainrealestate.com.  Look for "Neighborhood Sold Stats."  You can also easily search all MLS listings in the NW corner on our website.  We'd love for you to Like and Follow us on Facebook and Instagram.

 

Sincerely

 

David Bain

Chris Garrity and Associates

Toni Soule, Marilyn DeVos, Karen Grimaldi, David Hurlburt, Heidi Kearns, Priscilla and Asher Pavel

 

September
25

Bain Real Estate West Warren 2019 September Marketing Report.

PLEASE CLICK HERE TO SEE THE MAP.

 

Dear Neighbor,

 

While autumn quickly approaches, the sales pace in Warren has slowed.  This year saw 17 residential sales while the previous year had 19 and the year before that had 27!  With land sales, the story is similar.  There are 15 current offerings and the last year saw only one land sale!  The previous year had 3 land sales.

In your neighborhood, there were 6 residential sales last year, down from 11 the year before.

 

  

10 Partridge Road is a newer colonial home built in 2002 that sold in July.  This 3 bedroom 2.5 bath is situated on 2.85 acres.  With a furnished basement, 3 car garage and a large deck that overlooks a big level backyard, it's no surprise that it sold in 19 days for $329,900, just down from its original price of $335,000.

 

35 Kent Road is another early home with much of its interior intact.  Built in 1790, it has 5 working fireplaces, original wide board floors and exposed beams, 3 bedrooms and 2 baths, a barn, brook, 9.8 acres and beautiful gardens.  It was my listing ($375,000) and my sale $365,000.  Yes, it is charming.  On a side note, the new owner will be selling fine antiques by appointment.

 

15 Melius Road, a beautiful 3005 sq. ft. 4 bedroom 3 bath colonial originally built in 1759 sold in March with 3.68 acres, a pool and 3 car garage for $1,175,000, down from its original list of $1,495,000.

 

  32 Sheehan Road, just across the street, is a 3723 square foot contemporary with 4 bedrooms, 3.5 baths, a pool and a good view over the lake all set of 3.06 acres.  It sold for $1,150,000 with an asking price of $1,250,000.

 

35 Sheehan Road is a 2302 square foot 4 bedroom 2.5 bath contemporary that was totally and tastefully renovated on 3.31 acres with a narrow view of the lake.  It sold for $700,000 with an asking price of $735,000.

 

  

35 Mountain Lake Road is a 1526 square foot contemporary with 2 bedrooms and 1.5 baths set on 1.91 acres.  Originally built in 1985, it was recently totally renovated in 2008 with a metal roof and central air.  It sold for $500,000, down from its original price of $549,500.

 

  

If you need any more information of any of these or other activity in Warren or neighboring towns, please give us a call.  You can keep in touch with the local market at www.bainrealestate.com

 

Until next year,

 

David Bain

 

 

Chris Garrity & Associates: Toni Soule, Marilyn DeVos, Karen Grimaldi, David Hurlburt, Heidi Kearns, Priscilla and Asher Pavel

 

Please note that not all listings and sales transactions are through David Bain Real Estate

 

 

 

August
20

 

Bain Real Estate Northwest Warren 2019 August Market Report.

PLEASE CLICK HERE TO SEE THE MAP

Dear Neighbor,

 

While the weather continues warmer, the sales pace in Warren has slowed.  This year saw 17 residential sales while the previous year had 19 and the year before that had 27!  With land sales, the story is similar.  There are 15 current offerings and the last year saw only one land sale!  The previous year had 3 land sales.

In your neighborhood, there were 5 residential sales last year, down from 12 the year before. Again, an example of a slowing in the market.

 

One of the more exciting and recent sales is 184 Brick School Road.  It is a fully restored 1738 colonial with 2686 square feet, 4 bedrooms ad 3 full baths on 32 acres.  This is one of the oldest houses in town and it has the original wide board floors, beams and paneling.  It sold in January for an even $1,000,000, down from its original list of $1,195,000.

 

33 Laurel Mountain Road is an 1108 square foot raised ranch with 3 bedrooms and 2 baths and a 3 car garage with a potential studio above.  The house is located deep on its 2.43 acre lot which is, in turn, on a dead end town road.  It closed last August for $311,000, down from its list of $324,900.

 

48 Cornwall Road is a 1352 square foot ranch with 3 bedrooms and 2 baths built in 1971 on 5.63 acres.  It sold last November for $70,000 and again just this June for $292,000.  This property was not listed and we do not know how much was done, but it looks like a lot!

 

8 Birch Road is a 1323 square foot split level with 3 bedrooms and 2 baths built in 1976 on 2 acres.  It sold in April for $285,000 down from its list price of $320,000.

 

35 Kent Road is another early home with much of its interior intact.  Built in 1790, it has 5 working fireplaces, original wide board floors and exposed beams, 3 bedrooms and 2 baths, a barn, brook, 9.8 acres and beautiful gardens.  It was my listing ($375,000) and my sale $365,000.  Yes, it is charming.  On a side note, the new owner will be selling fine antiques by appointment.

 

There has been a lot of listing activity lately, so we will see what comes of that in next year's letter.  Meanwhile keep it touch directly or at www.bainrealestate.com.

 

Best,

David Bain

Chris Garrity & Associates: Toni Soule, Marilyn DeVos, Karen Grimaldi, David Hurlburt, Heidi Kearns, Priscilla and Asher Pavel

 

Please note that not all listings and sales transactions are through David Bain Real Estate