Greenwich Mansion Buyers Revive Deals in Sleepy Back Country
Pandemic-era boom is spreading to a Connecticut enclave where many lavish homes languished for years.
435 Round Hill Road sold for $17.6 million earlier this month.
Source: Brian Milton of CompassThis article is for subscribers only.
Not long ago, real estate brokers said they couldn’t give away houses in a remote section of Greenwich. Now that area is the hottest spot in town.
Buyer appetites for mansions on multiacre lots is driving deals in a swath of Greenwich known as Back Country. It would take 4.7 months to sell all the area’s available homes at the current pace of deals, the shortest time on record in seven years of tracking by appraiser Miller Samuel Inc. and brokerage Douglas Elliman Real Estate.