tomo logo

$7,495,000

Beds
12
Baths
11.0
sq ft
14,149

140 Wallacks Dr, Stamford, CT 06902

140 Wallacks Dr

Stamford, CT 06902

  • 310 days on market
    • Price drop $500,000↓
Private 3.5-acre ''Caritas Island'' on Long Island Sound with 300-degree cinematic waterfront views. Accessed by a gated causeway, the expansive compound includes: a c1909 stone main house with 12 bedrooms and 10 baths, stunning waterside terraces and a lap pool; a c1870 3-bedroom stone guest cottage and a 6-car detached garage with 2 staff apartments above. Protected by a stone breakwater, the extraordinary 200-foot pier with 13-foot draft can accommodate a 75 to 150-foot boat. Property deed shows total of 4+ acres and also includes a greenhouse, pond, sandy beach and natural swimming cove. Unique opportunity to renovate or build new exquisite compound. Can be subdivided into 2 lots; also zoned RA1 for nonprofit use.

Details

Property type

Single Family Residence

Est. home value

$5,319,204

Lot size

3.51 acres

Price per sq ft

$530

Year built

1909

Annual property taxes

$154,878

Price History

09/23/2024
SmartMLS

SmartMLS #170612736

Price change
$7,495,000
-6.25%
11/30/2023
SmartMLS

SmartMLS #170612736

Listed
$7,995,000

Schools & Community

Neighborhood: 

Cove - East Side

Elementary school: 

Per Board of Ed

Middle school: 

Unknown

High school: 

Per Board of Ed

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

Bottom Line Invs Inc

Loan start date

August 2023

Original loan amount

$1,500,000

Est. remaining balance

Not provided

Interest rate

6.06%

Loan type

Stand Alone Refi (Refinance of Original Loan), 10 year

Seller

Caritas Llc

Lender

Bottom Line Invs Inc

Loan start date

August 2023

Original loan amount

$1,500,000

Est. remaining balance

Not provided

Interest rate

6.06%

Loan type

Stand Alone Refi (Refinance of Original Loan), 10 year

Seller

Caritas Llc

Lender

Bfc Ventures Llc

Loan start date

August 2023

Original loan amount

$3,500,000

Est. remaining balance

Not provided

Interest rate

6.67%

Loan type

Stand Alone Refi (Refinance of Original Loan)

Seller

Caritas Llc

Lender

Bfc Ventures Llc

Loan start date

August 2023

Original loan amount

$3,500,000

Est. remaining balance

Not provided

Interest rate

6.67%

Loan type

Stand Alone Refi (Refinance of Original Loan)

Seller

Caritas Llc

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?

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Status: Active

Tomo last checked: 10/05/2024 at 10:50 PM

Listing updated: 09/23/2024 at 7:02 PM

Listed by: Joseph Barbieri, Sotheby's International Realty Phone #: (203) 940-2025

MLS: SmartMLS #170612736

SmartMLS logo

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