Friday, November 18, 2011
65 Parkers Glen, New Canaan, Ct Bank Owned Property Closed Today
This home is a classic representation of the banking failures in the height of the housing boom. Originally listed for $6,195,000 in 2006, it was forclosed on by the bank this year. My astute client was able to purchase this property for $2,950,000. With over 7500 sq ft of living space, it is truly a beautiful home and had it been priced in moderation 5 years ago, it would never have met with the same fate. I believe the buyer is very happy.