Posted on 11/10/2019 8:00:39 AM PST by Olog-hai
Regis Philbin and his wife Joy have put their Greenwich, Conn., home on the market at a much lower price than they bought it.
The 13,661-square-foot residence is selling for $4.595 million, according to the listing. That price is actually 36 percent less than what the Philbins paid for it almost 10 years ago, The Wall Street Journal reported.
Every seller in Greenwich is having to adjust to this market, the propertys listing agent, Joseph Barbieri of Sothebys International Realty Greenwich Brokerage told FOX Business. [ ]
The English Manor-inspired house has six bedrooms, nine full bathrooms and three partial bathrooms, according to the listing.
It also has seven fireplaces, mahogany library, a billiard room, a pub room with a full bar, a home theater, sauna, gym and a wine cellar, the listing said. [ ]
Amenities on the property also include a one-bedroom guest house and garages to fit five cars, the listing said.
(Excerpt) Read more at foxbusiness.com ...
That’s a darn big house for a pair of old people.
He was over-rated as Joey Bishop’s side-kick.
Greenwich Town council flipped from D to Republican on November 5...
I do, yes. If the distance doesn't bother you, there's always the noise.
There are several important things that draw the very rich to Fairfield County,CT. 1) an easy commute to Manhattan (by train at least) and 2) much lower total taxes (income tax,property taxes,etc) than residents of NY and NJ pay.
They do pay much higher taxes than most of America pays (except,perhaps,Kalifornia) but compared to most residents of the "Tri State" region they're way ahead.
If you are a rich, and you’re going to spend that kind of money on a home, you’re not thinking about the resale value, you want it to be as personalized as possible. So odds are, it will be very unlikely you’ll find a buyer who will have the same tastes, and willing to pay what you spent on the house, unless the location is so desirable, and in that case, odds are the buyer will just tear down the house and build a new one on the property.
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