Bain Real Estate Westwoods 2019 March Market Report.
Our Litchfield County's real estate market has grown nicely since the Great Recession ten years past. As the economy has strengthened buyer confidence has in turn responded positively. So, growth has ensued. Hence in 2016, we saw 58 sales in Sharon and in 2017 we had 50. We had 47 sales transactions in Sharon in the last 12 months and the drop might be attributable to declining listing levels as there are now only 62 listings available.
Weekend buyers are seeking affordable housing opportunities with a keen intent on not over-investing in a house that gets limited use. Sellers who have over-invested in their homes in the last 10 years are finding that buyers are not valuing the upgrades as much as sellers might have hoped.
What is interesting as the sales data reveals is the idea that the market is still price sensitive. Of the 47 sales last year 57% closed under $400K. 24% or 11 sold in the $400K-$700K price range, 3 sales occurred in the $700K to $1MM and 4 sales from $1MM to $2MM. Interestingly, there are 5 home sales in contract to sell presently. Two sales are under $250K, one in the $600K range and 2 sales in the $900K-$1.9MM range.
We have 9 houses to report selling in the neighborhood in the last 12 months.
75 Keeler Road is a Danish Trelaborg style home. This sophisticated home built in 1991 is hyper insulated and is sited towards the optimal solar orientation. The lower level hosts 2 bedrooms, both en-suite, with stairs to the open and spacious second level. 14 foot ceilings, exposed wood beams, beautiful floors are some of the quality details. A bank of windows offers long views stretching across a private meadow and the Macedonia Brook. The gourmet kitchen opens to family dining and sitting area. The upper floor is one whole master suite. There are 20 acres on Chester Keeler's old fields that are surrounded by conservation land in all directions. This property last sold in March of 2007 for $2,087,500 after years on the market. Finally, the listing price dropped from over $2MM to $1,495,000 and sold for $1,205,400 this month.
Next door just to the north at 63 Keeler Road I sold a 650 sq. ft. cabin on 20 acres. This unpretentious cabin is set on 20 beautiful acres of partially cleared woodland. Plain and simple, the log cabin is as bare bones as it gets with a stone fireplace, wood beams, wood flooring and a splendid porch. This was on the market for only for 14 days. It sold for $330,000.
A 6 acre land locked parcel of land off Keeler Road was sold for $6,000.
Toni Soule and I have listed a 27 acre parcel of land on Caray Hill Road for $395,000. This parcel is wooded, has considerable road frontage and has a nice private building site adjacent to large land holdings.
I have also listed a 24 acre parcel of land on Knibloe Hill Road that is private and offers wonderful valley views to the west. The property has a driveway roughed into the building site and it abuts "Wildwoods," 160 acres of open space owned by Weantinoge Heritage. It is listed for $550,000.
Down the hill at 312 Amenia Union Road right on the New York State line is a 4 bedroom Colonial style home of 2,200 sq. ft. that needed work. There are hardwood floors and a fireplace as well as a nice porch. With less than half an acre the parcel was small but level and had lovely gardens. It sold for $160,000.
26 Keeler Road is one of the last gentleman farms. It offers 3 dwellings: main house, a guesthouse and a farmhand apartment in the barn. It has 35 acres of pastures and woods. Two barns built in the 1800's have antiques beams, 8 horse stalls and 2 haylofts. Outside there is a riding ring, turnouts, run in sheds and fenced pastures. It hosts considerable frontage on the Macedonia Brook, water for animals or fishing for brook trout. All three houses will shine with further upgrades. The 1780 cape has 3 bedrooms and 2 full & 1 half bathrooms, plus antique pine floors and 2 fireplaces and a first-floor master suite. There is ample land to build on the top end pastures with views across the fields, over stone walls, and Macedonia Brook. This is listed for $845,000.
209 Westwoods Road #1 is an 1800 sq. ft. Contemporary home features, 3 bedrooms and 2 full baths built in 1984. The Great Room features a fireplace and cathedral ceilings and is open on to the new kitchen. There are 5.41 wooded and level acres that can be viewed from a stone terrace. It was listed for $465,000 and sold for $415,000 with only 51 days on the market.
199 Westwoods Road #1 is a house we sold in October of 2015 for $240,000. It recently sold for $310,000. This 3100 sq. ft. home sits on nearly 10 acres of woods. Originally built as a 3 bedroom Ranch in 1995, this home has a two-story 2000 addition, large bright rooms, an attached over-sized 2-bay garage, and a full and very useful basement which includes a shop area. Additional features include an en-suite first floor master bedroom and laundry, eat-in kitchen, sunroom with gas fireplace, and a wonderful large porch.
A circular drive accesses 92 Lambert Road that was listed and sold by Toni Soule and Asher Pavel of my firm. Amidst a wooded 5 acre parcel this 2-suite home is environmentally designed with bamboo floors, mini-split heat exchanger that cools, dries or heats and is state-of-the-art efficient. All exterior walls are insulated six inches thick and a 50 year metal roof. Passive solar maximizes southern winter sun and tree shade in the summer. Comprehensive design considerations included a whole house generator, 2 car garage plus an extra storage bay, and a dual heating system for safe air. Listed for $436,000 originally it was 2 years before selling at $311,500.
Toni and I have listed another neighborhood property, 110 Westwoods Road #2. This log cabin home on a lightly wooded 2.64 acre lot offers a country kitchen with copper countertops which shares space with a dining room and a side deck. There is a 3-season sunroom off the living room which itself has vaulted ceilings, large log beams and both a stone fireplace and wood stove. Master bed-bathroom is on main floor and another bath on the main level serves 2 additional bedrooms upstairs accessed via a balcony catwalk. There is a full walk-out basement with a stone fireplace and laundry room and storage. Home is being sold furnished for $335,000.
28 Bog Meadow Road is an extremely private 14 acre retreat –amidst 1000's of acres of protected wooded land. Custom designed by Peter Dalton Morris, this passive solar home offered 6' window walls that bring the outside in. Open kitchen and guest friendly layout with energy efficiency–all on one level. There are three bedrooms, 2 and a half baths with 2100 sq. ft. Set well in nature by a long winding road, it has naturalized ferns, beaver pond, and sturdy stone walls, a stone terraces and tennis. It was listed for $635,000 in 2016 and sold for $592,001.
I have listed 15 West Meadow Road, a perfect country home atop a large meadow and offering amazing western views. There is 2400 sq. ft. of quality details that grace the home with 12-foot ceilings, crown moldings, large Victorian styled windows and antique inspired hinges and knobs. Dark amber pine flooring throughout add warmth in each of the spacious rooms. The modern country farmhouse offers cozy areas and rooms that are large and spacious. The master suite on the main level opens to the huge screened porch. The second floor offers two uniquely different bedrooms served by a subway-tiled bathroom. The country kitchen is fabulous offering a full benched eating nook, fireside sitting area, a farmer's sink, stainless appliances and built-in antique cabinetry blending 1880's look with today's modern conveniences. $1,495,000.
A Cape Cod style home at 18 Boland Road sold for $290,000. Offering four bedrooms (2 located on first floor and 2 upstairs), 3 full baths, first floor laundry area, large dining area, living room, this house has nearly 1900 sq. ft. There is a partially finished walkout basement, deck, and a two car garage in this 1900's home. There are 2 acres of level land. It was originally listed for $397,000 and was on the market for a year.
114 Amenia Union Road is a discretely sited country home overlooking protected Nature Conservancy land. Either the large deck or screened porch is ideal for sunrise views and sounds of bird from the fen. Interior with hardwood floors, fireplace, spacious eat in kitchen plus a formal living room does not disappoint. Two main floor bedrooms and a large family room make it comfortable. Meticulously maintained, the house offers a spacious lower level that can serve as guest space and is complete with small kitchenette, living room/studio and bedroom. This walkout level offers considerable natural light and access to the large level and open back yard. Brand new 3-bedroom septic recently installed. Toni Soule and I have this listed for $595,000.
There are a few other offerings in the neighborhood and town so to keep in touch with these happenings or other areas in the NW Corner, visit on our website,www.bainrealestate.com. This letter and the others we write are posted there as well.
David Bain & Associates
Toni Soule, Marilyn DeVos, Michele Pastre, Karen Grimaldi, David Hurlburt, Priscilla and Asher Pavel
Please note that not all listings and sales transactions are through David Bain Real Estate
Bain Real Estate Westwoods 2018 January Market Report.
Year over year sales comparison in Sharon show a strong number of sales (54) in 2017 continued from the strong 57 residential sales in 2016. This demonstrates the increased demand and a sell-off of an over supplied market of 75 listings a few years ago. Today there is a lessened supply of residential homes for sale (51) which will likely promote stronger values.
In fact we are seeing a slight squeeze on the number of listings available in Sharon and the County resulting in only 2 homes in contract to close. Are seller's values trending higher or is this merely the rhythm of the winter market doldrums?
Even with fewer houses available there are still a number of distractions that foster a buyer's hesitation, whether it is unpredictable international and national events, the financial uncertainty of the State of Connecticut, the coming of age of younger buyers whose desires and goals vary considerably from the previous generation of buyers, or all three. There seems to be many 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 with the dream of fixing up houses. 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.
Last year's letter found 12 house and 1 land sale in the neighborhood while this year we report the exact same number. Over the last few years this neighborhood represents 23% of the total number of house sales in Sharon each year. Here is what has happened.
14 Weber Road just sold for $3,411,820. This estate was originally developed in the late 1980's by Jim Pepper and under the new owner the 6154 sq.ft. was completely renovated and now offers 5 bedrooms, 5 full baths and 2 half baths. Set atop a high hill the all-encompassing, protected views overlook the 284+ acres, Webber Pond and Catskill Mountains beyond. The large country kitchen sits central to the formal Dining Room, enclosed Bluestone Porch, and casual Breakfast area. The Library's wood-burning fireplace and custom built-ins lead to the spacious Living Room. Landscaped gardens and stonework join the rear Patio to a gunite pool that sits at the crest of views overlooking the property's 42-acre pond. Originally listed in 2015 for $9,450,000, the property dropped to a final asking price of $5,945,000 before securing a buyer.
28 Clark Hill Road is another house that took a few years to sell. This 36 year old house has 3 bedrooms and 3 full bathrooms and has been well maintained, but dated. The interior has an open floor plan with a large kitchen and step down dining area. There are wood floors and wood paneled walls. The house is set well back on the 4 acre lot and has old stone walls and is dotted with lovely plantings. The house was on the market for a year for $538,000 before I rented it in 2016. It came back for sale in early 2017 for $429,900 and sold for $400,000 in two months.
209 West Woods Road #1 is a Country white-washed Post & Beam home featuring 3 bedrooms and 2 full baths in over 1800 sq. ft. of living space. It has a living room with an open two-story space that is lined with a wall of windows bringing in sun light and offering a great view of the outdoors. The floors are terra cotta and sliding doors open to a stone Terrace. There is also an old barn on this 5 acre parcel of woods. It was listed for $445,000 and sold for $410,000 in 41 days.
111 Lambert Road is a 1980's Contemporary style home privately sited on 11 acres in two different 5 + acre parcels. The home has interesting angles and is anchored by a large open deck. The kitchen flows into the cathedral living room with natural light streaming through the various angled windows. This 1,664 square foot home has 3 Bedrooms, 2 Bathrooms plus additional square footage in the finished basement room/office and workshop. Listed in the spring of 2015 at $499,000. The house was reduced to a final asking price of $325,000 before selling for $300,000 or 40% off its original 2015 asking price.
Just up the road is 92 Lambert Road is a custom designed one level modern home that I have listed along with my associate Toni Soule. It is comfortable, cozy, elegant and crafted with a passion for quality. Amidst a wooded 5 acre parcel, it's designed with careful environmental practices. New bamboo flooring, mini-split heat exchanger that cools, dries or heats the home is state-of-the-art efficient. All exterior walls are insulated six inches thick and the house has a new stainless steel roof which will last 50 years plus. South facing windows capture passive solar, maximizing sun in the winter and employ tree shade in the summer. This is listed for $330,000 down from $399,999.
46 Lambert Road has a private location with long distance views at the end of this gravel road. The custom built home of 3,788 sq. ft. has a great room with antique wood beams, large bank of windows to view the Catskill Mountains and brick fireplace. Rustic in nature with a post and beam style and wide-board floors throughout, the house offers a kitchen with granite countertops, a family room with a stone fireplace, 3 bedrooms, an office and 3 1/2 bathrooms. The 7.85 acre property abuts conservation land and includes a barn and abundant gardens. It sold for $920,000 after being on the market since 2009 and an original list price of $1,350,000.
Down on Knibloe Hill the activity from last year has continued. I sold 34 Knibloe Hill Road, a 60 acre parcel of land that was once part of the Dean farm and offers three large corn fields with beauty and scenic views of the valley. Private and accessed off Old Travers Road under an alley of old maples this is a special property that I have had the privilege of selling three times. A house is finally being erected on this parcel that sold for $1,325,000.
And the neighboring cornfield to the north is where an 87 acre estate at 14 & 18 Knibloe Hill Road recently sold for $3,900,000. The views from this 5000 sq. ft. American Shingle home with touches of native stone are lovely over the fields, pond, pond house, guest apt, pool, portico, mature plantings and gardens. A substantial horse barn and paddocks with fenced pasture in quiet and private setting round out this property. Both beautifully maintained and finished in top quality details this is property sold after an initial listing of $4,800,000 back in 2015.
316 Amenia Union Road is an 1800 sq. ft. antique colonial home in need of considerable repair and is bank owned. There are 3 bedrooms and 2 bathrooms, pine flooring, wood trim and a fireplace. Part of the property lies in New York State. The parcel is a rear flag lot of 2.64 acres. There is a running stream in front of the house which was listed for $74,900 and sold for $72,000 in 21 days.
49 Boland Road is set well back from the road so that one cannot see the house. The 1800 sq. ft. home is sited on this 19 acres of former hay field with long sweeping views to the southwest. Built in 1975 this 2 bedroom, 2.5 bath post & beam barn style home is ripe for upgrades. Centered by a large fireplace the home maintains nice wooded floors, a barn frame and windows on the view. There is a small brook and a gunite pool with a large stone patio. Listed for 1,295,000 in the fall of 2016 this sold a year later for $1,100,000.
A small 400 sq. ft. stone cottage at 13 Crossfield Drive sold last Fall. Built in 1979 the cabin maintains 1 bedroom and 1 bathroom, a fireplace and a large screened porch. Set on 3.66 acres it appears to be privately situated and sold privately to a neighbor for $329,000.
46 Hoopersfield Road is a 9 year old lovely country cape set in an field of 3.13 acres offering open sky views. This home features an open floor plan. The kitchen offers GE Monogram appliances, granite counter tops, 6 burner stove and walk-in pantry. There is oak flooring throughout the home as well as extensive detailed moldings and woodwork. There is a first floor master with full bath, and private patio. There are 2 additional bedrooms plus a media room. It was listed for $495,000 and sold for $460,000 in 6 months.
22 Pinch of Rocks Road is another private home that abuts the National Audubon land. Up a private driveway, hidden from the road is this country style home on 4.14 acres. 4 large bedrooms and 2 bathrooms compliment the 1785 sq. ft. home offering plenty of room for guests. A large stone patio features a hot tub. The 1983 home has an open floor plan with large windows, new floors and custom trim custom. The kitchen is also newly renovated with granite countertops and newer appliances. It was listed for $350,000 and closed at $317,000.
There are a few other neighborhood 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,
& David Bain
And the Sharon office-Michele Pastre, Joanie Yahn, Jennifer Luning, Susan Magee, David Almquist and Karen Grimaldi
Please note that not all listings and sales transactions are through David Bain Real Estate
The numbers are in and 2016 was clearly a pivotal year in real estate. Nationally real estate sales transactions were up 12% over 2015 figures. Litchfield County overall saw just over 8% increase. Locally there was a similar bump resulting in the volume of sale increase around 14%! In summation, real estate in Sharon is on a steady upswing as the market recognizes good values.
The positive economic confluence of lower unemployment, strong trends in the financial markets and tightening interest rates have bolstered consumer confidence. This confidence mixed, with the reduction of available homes to buy, has solidified real estate values and will predictably push our value higher. We already see this happening.
Last year's letter noted over 70 houses being available for sale in Sharon. Well, what a difference a year makes, as presently there are 47 residential homes listed for sale. Yes in the last 12 months we have seen 55 sales in Sharon up from 47 in same period in 2015.
We are happy to say that Bain Real Estate participated in over 25% of these transactions and we thank you for your confidence.
Anecdotally, I recently closed on a house here in Sharon where there were two bidders. The first prospect reluctantly cancelled their contract as they could not get their loan so the second buyer ended up winning the sale. And it closed for a bit higher, I might add.
The lesson here is that the market has become one of both buyer and seller on an equal footing, ending the 8 year buyer's market. Should there be a prolonged period of fewer listings than buyers, we could see that balance shifting to a seller's market.
Here are both the Sales in the last 12 months and Listings in the neighborhood.
Beginning at the north end of the map on Hooperfields Drive there were 3 sales:
18 Hooperfields Drive is a comfortable and well maintained home on a level and open 2 acre lot. This 1664 sq. ft. home has 4 bedrooms and 2 and a half bathrooms, 2 car attached garage and large family room. It was listed by my agent David Almquist and I assisted the purchasers in finding their home that closed for $287,500.
29 Hooperfields Drive is a well-maintained ranch style home with many upgrades. All on one level the home offers 3 to 4 bedroom with a large family room. The kitchen has been remodeled to include a breakfast bar opening onto dining room. The land is special and from the airy south western facing canopied deck, there are nice views of the gardens, fruit trees and fields. It sold for $305,000.
50 Hooperfields Drive is a spacious colonial home with a traditional layout of 2300 sq. ft. that is need of updating. This home built in 1975 boast wood floors throughout, a formal living room and formal dining, a library with built-ins and a fireplace as well as lovely enclosed sun porch. Upstairs there are 4 bedrooms including a large master bedroom suite with walk-in closet and en-suite bath. There is plenty of storage in the full dry basement, attic and a 2 car attached garage. The property is open with a view of the protected hillside behind and sold for $332,500.
An 1880's antique home at 10 Boland Road sold for $1,300,000 after nearly 4 years on the market. Beautifully restored, this 19th century farmhouse maintains an open Kitchen/Dining and Family Room with large fireplace. There is also a Library and screened porch for summer entertaining in this 3700 sq. ft. home. The Great Room is an antique Vermont barn with a floor to ceiling fireplace, a sleeping loft and kitchen with copper countertops. Additionally there are 4 bedrooms and 4 bathrooms and 2 Offices. The proeprty has an in-ground heated gunite pool, lighted skating pond, solar power, plus a detached Barn Garage with second floor Studio.
32 Windy Ridge was sold for $850,000. This one level house, built in 1982, has nearly 2000 sq. ft. and offers 2 bedrooms and 1 and a half baths. The level and open 7.77 acres is one of its most attractive features offering views and privacy.
Another lovely parcel is 10 acre plot of land is found on the north end of Westwoods Road #1. The parcel is primarily open, western facing land with considerable water frontage on Mill Brook. The composition of meadow, corn fields and light woods and the meandering brook make an excellent building lot. It sold for $425,000.
Over to the east at 380 Cornwall Bridge Road is a 1971 Dutch Colonial home that sold.
Featuring 4 bedrooms and 2.5 baths this 2400 sq. ft. home also offers a large country kitchen. There is a nice wood fireplace, formal dining room as well as a 2-car garage. The house sits well above the road on over 2 acres. There is considerable value in this house that requires some updating and sold for $215,000.
Further south in the neighborhood, 3 West Mountain Road, another Dutch Colonial sold. This home was built in 2008 and renovated nicely with three bedrooms and 2 bathrooms is light-filled and has vaulted ceilings. The modern, tiled kitchen is part of the open floor plan which includes a dining and living rooms. Details such as wood floors and large windows, French doors and wood stove, modern finishes make this a comfortable home. Old stone walls a fenced garden with fruit trees and woods comprise the 4.92 acre parcel. It closed for $375,000.
205 Westwoods Road is a Dutch-Gambrel style farmhouse with an open-living and dining room floor plan. The newly-renovated, eat-in kitchen features radiant heat, granite counter tops and stainless steel appliances with direct access to a large wooden deck. A artistically curved staircase leads to a spacious Master Bedroom suite with vaulted ceiling, fire place, full bath, exercise room and walk-in closet. There are two additional bedrooms, both accessing a screened-in porch. Plus a whole-house generator, central air conditioning, a large fenced yard and a barn style two-car garage with finished loft all situated on 4.59 well-maintained acres. This sold for $360,000 with multiple bids.
84 Knibloe Hill was 126.44 acre portion of a Sharon farm family's holdings that had been in the family for generations. The home is a 1500 sq.ft. 3 bedroom, 1 and ahalf bathroom hand crafted home built in 1988. Vistas over the meadows and pond are enjoyed from the house and it large deck. Brooks, views, and upper woodlands are available to explore or build another home. I helped the family sell this property that closed for $1,200,000 last March.
Westwoods Pastures–at 5 Keeler Road , is a 4 bedroom, 5 bath spacious country home with solid craftsmanship. A living room fireplace and kitchen wood-burning stove add warmth to this thoughtful layout. High ceilings and an abundance of windows create a blend modern design with country charm. East-facing screened porch and the southern deck overlooking views of your own pond. 33 acres. It closed at $860,000
Warmth, charm, and western light fill this renovated 1940's cottage at 112 Knibloe Hill Rd. The living room features a wood burning fireplace and large picture window with bucolic views over the Oblong Valley fields. This 2 bedroom, 1 bathroom home with a living loft on the second floor and wood burning stove on the lower level, offers three levels of living space in just over a 1000 sq. ft. The kitchen has been renovated and leads onto a stone patio and the lightly cleared 2 acre parcel. The house sold for $351,500.
Another small 2-bedroom dwelling is a private cabin at 12 Caray Hill Road snuggled up against 200 acres of Wildwoods Preserve. The 12.5 acre property is primarily wooded but has a large open lawn that rolls out to the pond. With only 720 sq. ft. this modern Orvis type cottage in woodwork and a native stone fireplace is well crafted. We listed and sold this country camp for $290.000.
22 Pinch of Rocks Road is another private home abutting the National Audubon land. Up a private driveway hidden from the road is this lovely country style home on 4.14 acres. 4 large bedrooms and 2 bathrooms compliment the 1785 sq. ft. home offering plenty of room for guests. A large stone patio features a hot tub enveloped in a wooded parcel. The 1983 home has an open floor plan with large windows, new floors and custom trim custom. The kitchen is also newly renovated detailed in granite countertops and newer appliances. It is listed with Joanie Yahn for $350,000.
28 Bog Meadow Road is an amazingly private modern dwelling bordering 1000's of acres of National Audubon's protected land. Custom designed by architect Peter Dalton Morris, the passive solar 3 bedroom home offers south facing window walls that bring the outside in, an open kitchen, guest friendly layout, and energy efficiency at its best - all on one level. 3 bedrooms, 2 1/2 baths, barn, garage, tennis court and fenced garden/puppy playground. This incredible setting with its private road, beaver pond, naturalized ferns and sturdy stone walls is available at $599,000.
92 Lambert Road is a custom designed one level modern home. It is comfortable, cozy, elegant and crafted with a passion for quality. Amidst a wooded 5 acre parcel it's designed with careful environmental practices. New bamboo flooring, mini-split heat exchanger that cools, dries or heats the home is state-of-the-art efficient. All exterior walls are insulated six inches thick and a new stainless steel roof will last 50 years plus. South facing windows capture passive solar, maximizing sun in the winter and employ tree shade in the summer. This is listed by Toni Soule for $399,999.
On Keeler Road neighbor and Bain agent David Almquist has listed this wonderful 33 acre parcel that has all the country amenities! A branch of Macedonia Brook wends through old fields, century old stone walls, and beautifully matured trees. A driveway has been roughed in to the potential building site which is for sale at $330,000.
Please note that not all listings in the neighborhood are posted here so if you want to know more, please let us know or head to our website to see all the available listings in Sharon and countywide. Our website at www.bainrealestate.com offers not only the aforementioned listings and sales but also this letter and all other Sharon neighborhood letters archived.
All the best,
David Bain & the Sharon office
Jennifer Luning, Michele Pastre, Joanie Yahn & David Almquist
Please note that not all listings and sales transactions are through David Bain Real Estate.
Sharon home sales were 20% ahead of last year's pace with 54 homes selling in the last 12 months against 43 the previous period. Last year, I reported 80 homes for sale with 6 homes in contract to sell while today we see 74 homes listed for sale with 5 in contract to sell. The local real estate market is getting healthier incrementally!
Additionally, the last 12 months has seen 7 land sales according to the CTMLS and the town records. There are 25 parcels of land in various acreage configurations on the market. It is especially nice to see the uptick in interest in land.
So it appears the current trends are positive! Here is what is going on.
30 Knibloe Hill Road is an idyllic 1800's country home impeccably remodeled. With a spacious kitchen, main floor bedroom and intimate living room this is an excellent choice to enjoy the country in style. A second floor suite is sun-filled and spacious. The back porch overlooks a long stream, level open field and mature trees. In top condition the home is easy to maintain. $650,000 is the asking price.
84 Knibloe Hill Road: Never offered for sale, this 120 acre section of a local family farm maintains a 1500 sq. ft. custom home. The upper woodlands are perfect for another home offering views of the valley and distant mountains. With open meadows, pond, brooks, views, woodlands are all magical. This would make a great family compound and is listed for $1,350,000.
12 Caray Hill Road is an amazingly private country retreat and a perfect Thanksgiving gathering spot. Nearly 13 acres snuggles up against a 200 acre preserve with trails. The house overlooks beaver wetlands. This 2 bedroom modern cottage offers only the best of nature. It is incredibly well crafted with a native stone fireplace, custom paneling and a covered front porch. Offering views, privacy and nature it is easy to maintain and close to Metro North. I have this listed for $395,000.
Over on Keeler Road David Almquist has listed this wonderful 33.73 acre parcel with streams, old stone walls, and beautiful old trees. The driveway has been roughed in to the potential building site with distant views. On one of the most sought after roads in Sharon is where one can find privacy and quiet. Offered at $450,000.
89 Westwoods #2 is an estate in the making. The views from atop the property are distant and will invite the Catskills into your home. Primarily wooded the private parcel of 83 acres has a driveway to the top, horse stable with a one bedroom apartment above plus a hay barn and fenced pasture for animals. $1,800,000 listing with Toni Soule.
199 Westwoods Road #1 is a 3100 sq. ft. house with 3 bedrooms and 2 baths on 9 acres. The home has oak flooring, large basement, generator ready and spacious decking. Last listed for $250,000 by my associate Eve Iselin, it closed for $240,000.
102 Westwoods #1 sold for $675,000. This sleek and sophisticated country home has both peace and privacy. A first floor master suite plus upstairs master and two more guest rooms offer plenty of sleeping space. It has a lovely kitchen, screen porch, stone fireplace, outdoor shower, and even an elevator from garage below to main floor.
Further east at 1 Joray Road is a Cape Cod style home that has dramatic flair as well as a practical layout. The house was built in 1988 and has been impeccably maintained with oak floors and nice details. There is a formal dining room, open, eat-in kitchen and a 20 x
25 vaulted ceiling living room. There are 3 bedrooms, 2 bathrooms and a large finished room in the lower level. The property entails 2 acres. In 2011 the house closed for $288,000 after being on the market for 195 days. This time the house was listed for 268 days at $299,000 and sold for $268,000.
335 Cornwall Bridge Road sold this past year for $140,000. A lovely antique home set along rt. 4 and abutting the Audubon Nature Center this place requires considerable restoration which is being undertaken presently. There are 3 beds and 2 baths in this 1900 sq. ft. 1850's home. There is still some antiquity left with wood floors and exposed hewed beams. It includes an antique barn on the half acre parcel.
Directly next door, at 337 Cornwall Bridge Road, an 820 sq. ft. ranch sold for $215,000. The two bedroom, one bathroom structure that was built in 1965 is in poor condition. The 2.47 acre parcel abuts the Nature Center.
36 Hooperfield Road is a carefree single level home in mint condition. The open floor plan has vaulted ceilings, wood floors, stone fireplace and room for entertaining. There are 3 bedrooms and 2.5 bathrooms in 2300 sq. ft. The mature plantings boast fruit trees, native species and rare shrubs designed by Kent Greenhouse. The lawn is both level and sweeping and detailed in stone walls. Offering western sunset views the house basked in sunshine. Wonderful screened porch overlooks the natural surroundings. Joanie Yahn and I have it listed for $520,000.
An elegant 1796 Colonial home in a bucolic setting with views over protected land at
20 Westwoods Road #1 sold for $1,245,000. This home offers the charm of an antique with modern amenities, including both first and second floor master suites and three other bedrooms. Multiple fireplaces, wood flooring, built in custom cabinetry and other antique detailing is seen in this 3500 sq.ft. home. There is also a three bay garage with finished space atop and a swimming pool on the 5.51 acre parcel.
15 West Meadow is a chic, understated farmhouse on 7.5 Acres. Surrounded by meadows and offering westerly orientation, this home has natural sunlight, sunset views, meadows and solar gain. It maintains an open and airy with quality and detail throughout like fireplaces, transom windows, moldings, screened porches and wood flooring in nearly 3000 sq. ft. This home has 3 bedrooms and 2 bathrooms was built in 1996 and sold for $1,075,000.
There are other properties listed in the neighborhood and should you wish to know more go on line to our website www.bainrealestate.com or give us a call, we'll be glad to help.
Happy Holidays and best in the coming year!
All the best,
David Bain & the Sharon office
Jennifer Luning, Michele Pastre, Ethan Watt, Joanie Yahn & David Almquist
This graph shows the number of successful transactions
in our key towns of Cornwall, Kent and Sharon in 2014
Please note that not all listings and sales transactions are through David Bain Real Estate.