tomo logo

$12,250,000

Beds
5
Baths
6.0
sq ft
3,955

50 Compo Mill Cv, Westport, CT 06880

50 Compo Mill Cv

Westport, CT 06880

  • 184 days on market
    • Price drop $1,250,000↓
PRIVATE WATERFRONT PARADISE! Tranquil location offers unrivaled access to Panoramic Ocean views of Long Island Sound. A short walk across the Wooden Footbridge w/ Sherwood Mill Pond on your left and LI Sound on your right leads to the gated private Island of Compo Mill Cove & a handful of unique waterfront homes. The property itself has been customized from top to bottom w/ exceptional thought & detail. Only house on the Cove w/ a secure, storm surge concrete wall. Featuring over 3950 sq ft of living space, 5 beds, 5.2 baths, an open floor plan w/ wall to wall windows that offer 180 degree views of the ocean from every room. First fl features a living room w/ fireplace, family room, beautifully appointed wet bar, dining area, & gourmet kitchen w/ exclusive granite, Viking appliances, modern design, & a first fl bedroom w/ ensuite bath. Upstairs offers 3 additional bedrooms including a primary w/ a fireplace, private balcony w/ outdoor fireplace, & bathroom w/ sauna shower, tub, & double vanity. The highest quality materials were used in every corner of the home, from beautiful marble to custom imported Italian sici tiles, to state of the art electronic & digital components that can be used from within the home or remotely no detail was overlooked. Outdoors is equally as impressive w/ an infinity pool, outdoor kitchen, shower, bathroom, terrace w/ fireplace, lush gardens, fountains & impeccable landscaping that sit behind a gated, secure stone wall border. Just 1 hr from NYC!

Details

Property type

Single Family Residence

Est. home value

$6,379,135

Lot size

0.39 acres

Price per sq ft

$3,098

Year built

2008

Annual property taxes

$68,460

Monthly HOA fee

$208.33

Price History

04/24/2024
SmartMLS

SmartMLS #24004336

Price change
$12,250,000
-9.26%
03/18/2024
SmartMLS

SmartMLS #24004336

Listed
$13,500,000

Schools & Community

Elementary school: 

Greens Farms

Middle school: 

Unknown

High school: 

Staples

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

First Republic Bank

Loan start date

February 2011

Original loan amount

$3,737,500

Est. remaining balance

$2,674,889

Interest rate

4.77%

Loan type

Not Provided, 30 year

Seller

Pasquale Malpeso Jr

Lender

First Republic Bank

Loan start date

February 2011

Original loan amount

$3,737,500

Est. remaining balance

$2,674,889

Interest rate

4.77%

Loan type

Not Provided, 30 year

Seller

Pasquale Malpeso Jr

Lender

America Wholesale Lenders

Loan start date

May 2006

Original loan amount

$3,737,500

Est. remaining balance

$2,294,423

Interest rate

6.34%

Loan type

Not Provided, 30 year

Seller

Pasquale J Malpeso Jr

Lender

America Wholesale Lenders

Loan start date

May 2006

Original loan amount

$3,737,500

Est. remaining balance

$2,294,423

Interest rate

6.34%

Loan type

Not Provided, 30 year

Seller

Pasquale J Malpeso Jr

Lender

Merrill Lynch Cr Corp

Loan start date

December 1996

Original loan amount

$1,230,000

Est. remaining balance

$0

Interest rate

7.67%

Loan type

Not Provided, 26 year

Seller

Pasquale Malpeso Jr

Lender

Merrill Lynch Cr Corp

Loan start date

December 1996

Original loan amount

$1,230,000

Est. remaining balance

$0

Interest rate

7.67%

Loan type

Not Provided, 26 year

Seller

Pasquale Malpeso Jr

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: 09/18/2024 at 8:55 PM

Listing updated: 08/16/2024 at 8:57 AM

Listed by: Robert Perriello, Century 21 AllPoints Realty Phone #: (860) 736-1088

MLS: SmartMLS #24004336

SmartMLS logo

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