PRICE DROP #4 - 51 Roxborough Drive - ROSEDALE

This house has been listed for 2 years.

It's a 3 bedroom, 3 bathroom house on a 37.5 x 166 foot lot at 51 Roxborough Drive.

The initial asking price was $6,500,000!!!

Sure, the house was designed 38 years ago (now 40!) in 1974 by award winning architect, Barton Myers...

But $6.5 million!?!

I thought it was a little high.  Like a million or so too high.

It didn't sell and in May 2013, the price was dropped to $5,995,000.  And I still thought it wouldn't find a buyer.

In November, the price was dropped again to $5,595,000.

And again in March of this year to $5,195,000.  Did I still think it was too high?  Yup.

The price has been dropped again...

To $4,995,000.

Annnnd is it still too high?

Yup.