The pool at 7 Dwight Lane is obscured by weeds and dirt.
(Bob Luckey/Greenwich Time Staff Photo)
(Bob Luckey/Greenwich Time Staff Photo)
It can't be true but folks are saying that the place sold for either 2 or 3 million.
I don't know if it's true but there apparently only one bidder out of 30 shocked Real Estate insiders at the auction.
Later, I am going to check Chris Fountain's Real Estate Blog, but I have to go to the White Plains Building Department to pull some plans and then to the Westchester County Clerk's Office to get a copy of a deed.
Hopefully, Chris was there and he was brave enough to get pictures of auction attendees rolling on the floor laughing at this unbelievable bid.
If Chris did not bother to go to the auction I am sure you will find other great real estate news at
Greenwich Real Estate - For What It's Worth
Later, I am going to check Chris Fountain's Real Estate Blog, but I have to go to the White Plains Building Department to pull some plans and then to the Westchester County Clerk's Office to get a copy of a deed.
Hopefully, Chris was there and he was brave enough to get pictures of auction attendees rolling on the floor laughing at this unbelievable bid.
If Chris did not bother to go to the auction I am sure you will find other great real estate news at
Greenwich Real Estate - For What It's Worth
Update From Chris Fountain At For What It's Worth:
7 Dwight Lane
Posted by Chris Fountain at 9:22 AM
One story that GT has posted today (a month after this blog reported on it, with pictures) is the IRS auction to be held at noon up on Dwight Lane. The auctioneer claims it will sell way beyond its asking price of $2.5 million - I say it won't. I'll be there this afternoon and will let you know what happens, and who was right.
ALSO:
Okay, we can call off the financial crisis
Posted by Chris Fountain at 1:00 PM
7 Dwight Lane did find someone willing to meet the minimum bid of $2.5 million. This wasn't exactly what the IRS representative told me and a few other amused skeptics last month, when he insisted that his "biggest problem was only having one of these to sell" and assuring us that he had bidders lined up the door, ready to buy this dreadful property for far more than the minimum but a buyer was found among the 20-30 people who showed up to laugh.
The buyer was an elderly gentleman from, I think, out of town (ED - do non-Greenwich residents look different from us? Why, yes, I believe they do - besides, no one from Greenwich would think this place was worth what they bought it for). He and his 3rd (?) wife, who probably sprung him from the asylum just for the day, succumbed to the rep's rather unoriginal mantra of "Greenwich, Greenwich, Greenwich, location, location, location" and parted with their money.....
MORE:
Greenwich Time
Indicted fund manager's home brings in $2.5 million bid
Colin Gustafson
Staff Writer
Article Launched: 09/26/2008 01:20:07 PM
A Scottsdale, Ariz. man was the winning - and only - bidder for a backcountry mansion auctioned off today by the IRS.
Low, 68, who described himself as a retired private investor originally from Manhattan, was the only person to enter a bid at the auction, held at noon and attended by more than two dozen people.
He said he and his wife Linda will live in the 7,328-square-foot home
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