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$10,999,000

Beds
5
Baths
7.0
sq ft
9,092

1093 Pequot Ave, Southport, CT 06890

1093 Pequot Ave

Fairfield, CT 06890

  • 49 days on market
    • Price drop $1,000,000↓
EXCEPTIONAL MILLION DOLLAR PRICE ADJUSTMENT! This home is the most spectacular custom built waterfront estate on the Eastern shoreline coupled with the best value for direct waterfront homes! Private and gated entry welcome you to this coastal home that was selected amongst all mansions nationally & highlighted on an episode of Fox Business Mansion Global for its brilliance & beauty. Set on a direct waterfront 1 acre level lot with views of Southport Harbor & Long Island Sound. Spend your days watching the boating regattas from the Harbor, wake up to amazing sunrises, sip coffee from your balcony & enjoy all that this resort-like lifestyle offers. Abundant natural sunlight throughout the first-floor w/ a wall of glass doors that span the width of home that provide a landscape of breath taking and brilliant water views. This modern-day floor plan spared no expense w/custom high-end finishes, lighting, window treatments, mill work, & impressive details. Three levels of living, 9000+ SF, 17 spacious Rooms, 6 full & 2 half Baths, 5 en-suite Bedrooms including the Primary w/ a Sitting Room, his/her walk-in closets, & private Deck overlooking the water, 2 car Garage w/ 2 car lifts that services a total of 4 cars, 2000+SF unfinished lower level (not often found in waterfront homes) & whole house generator. The back yard features multiple Patios/Terraces & seating areas that surround your salt water Gunite pool w/ water views. 1 hour to NY City & minutes to harbor, train & village.

Details

Property type

Single Family Residence

Est. home value

$10,919,449

Lot size

1.00 acres

Price per sq ft

$1,210

Year built

2019

Annual property taxes

$209,901

Price History

06/03/2024
SmartMLS

SmartMLS #24016258

Price change
$10,999,000
-8.33%
05/10/2024
SmartMLS

SmartMLS #24016258

Listed
$11,999,000
05/07/2024
SmartMLS

SmartMLS #170614702

Removed
$11,999,000
-7.69%

Schools & Community

Neighborhood: 

Southport

Elementary school: 

Mill Hill

Middle school: 

Fairfield Ludlowe

High school: 

Fairfield Ludlowe

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Axos Bank

Loan start date

June 2022

Original loan amount

$4,999,999

Est. remaining balance

Not provided

Interest rate

5.38%

Loan type

Adjustable Rate Mortgage, 30 year

Seller

Alan Vertucci and Danguole Vertucci

Lender

Axos Bank

Loan start date

June 2022

Original loan amount

$4,999,999

Est. remaining balance

Not provided

Interest rate

5.38%

Loan type

Adjustable Rate Mortgage, 30 year

Seller

Alan Vertucci and Danguole Vertucci

Lender

Partners Cap Solution

Loan start date

August 2021

Original loan amount

$5,000,000

Est. remaining balance

Not provided

Interest rate

2.9%

Loan type

Commercial

Seller

Alan Vertucci and Danguole Vertucci

Lender

Partners Cap Solution

Loan start date

August 2021

Original loan amount

$5,000,000

Est. remaining balance

Not provided

Interest rate

2.9%

Loan type

Commercial

Seller

Alan Vertucci and Danguole Vertucci

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 06/28/2024 at 7:40 PM

Listing updated: 06/25/2024 at 3:43 PM

Listed by: Jackie Davis, William Raveis Real Estate

MLS: SmartMLS #24016258

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