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.