The 52-acre Connecticut estate known as Le Beau Château—one of the many high-value real estate holdings of the late copper heiress Huguette Clark—may soon be subdivided under new ownership, after failing to sell intact. Currently listed for $15.9M, the estate was once publicly asking as much as $24M, but has seen swift price chops and some creative marketing following Clark’s 2011 death. Now the listing touts an approved “10-estate lot subdivision”—which the city signed off on back in 2008—along with the Voorhees, Gmelin and Walker-designed nine-bedroom mansion, which, curiously enough, Clark never moved into during her 60 years of ownership. Hopefully, the main house will not suffer demolition following a sale, but subdivision developers are generally not inclined to rehabilitate historic mansions.
read more…
http://curbed.com/archives/2013/08/20/huguette-clarks-legendary-estate-now-ready-for-subdivision.php
Just back out of hospital in early March for home recovery. Therapist coming today.
Sales fell 5.9% from September and 28.4% from one year ago.
Housing starts decreased 4.2% to a seasonally adjusted annual rate of 1.43 million units in…
OneKey MLS reported a regional closed median sale price of $585,000, representing a 2.50% decrease…
The prices of building materials decreased 0.2% in October
Mortgage rates went from 7.37% yesterday to 6.67% as of this writing.
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