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WestportNow Teardown of the Day: 29 Surf Road

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An application for a permit to demolish the house at Westport’s 29 Surf Road, in the Saugatuck Shores area, is in process. Built in 1966, the two-story raised ranch has 3,572 square feet, is situated on a .35-acre property and, according to Town Assessor records, last changed ownership in March 2014 for $2.4 million. It was home to Max Wilk, author, playwright, film and television writer, and music impresario, who died in 2011 at age 90. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com

Real Estate Report: Healthy Market for Contemporary Homes

By Judy Szablak

The market for contemporary-styled homes certainly appears to be a healthy one in Westport.

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Featured Home: This home at 17 Burr Farms Road is listed a $1,690,000. (CLICK TO ENLARGE) Photo courtesy of Higgins Group, Westport/Ruta-Leo Associates.

Just over 11 percent of the available single-family homes are of this type, which typically includes mid-century moderns, and uniquely angled home designs among others.

Oftentimes, we look at contemporaries as being somewhat more affordable than a traditional colonial given the same square footage and amenities.

However, reviewing activity in general from the past year may reveal slightly different circumstances, as higher demand is evident.

All Gone: 10 Rustic Lane

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The house at Westport’s 10 Rustic Lane, off Greens Farm Road, was demolished today. Built in 1958, the two-story split level had 3,782 square feet, was situated on a 1.02-acre property and changed ownership in December 2014 for $1,275,000. It was the WestportNow Teardown of the Day on Sept. 26, 2014. A neighbor said, “When we heard some neighborhood noise this morning, I said to my son, that does not sound like a snowplow. By the time we got there to see the demolition it was already down.” (CLICK TO ENLARGE) Dave Matlow for WestportNow.com

WestportNow Teardown of the Day: 33 Green Acre Lane

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An application for a permit to demolish the house at Westport’s 33 Green Acre Lane, off Compo Road South, is in process. Built in 1964, the one-story contemporary has 854 square feet, is situated on a 2.04-acre property and changed ownership in March 2014 for $2 million. Because the house was built more than 50 years ago, the application will be reviewed by the Westport Historic District Commission. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com

Westport Property Transfers Jan. 26 – 30, 2015

Westport property transfers as reported by the Town Clerk’s office for the period Jan. 26 - 30, 2015:

Jobermar Properties LLC to Joseph J. Santarsiero III, 6 Quarter Mile Road, $450,000WNproperty.jpg

Lawrence R. Gaynor Jr. Estate to Alan and Terri Andrews, 132 Greens Farms Road, $750,000

Jan and Amy Lynn Van Arsdale to Michael and Michele Ippolito, 190 Hillspoint Road,  $2,290,000

250 Hillspoint LLC to Amber Sweedler, 250 Hillspoint Road, $6,725,000

WestportNow Teardown of the Day: 20 Bluewater Hill

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An application for a permit to demolish the house at Westport’s 20 Bluewater Hill, off Compo Road South, is in process. Built in 1950, the 1-3/4-story cape has 3,474 square feet, is situated on a .8-acre property and, according to Town Assessor records, last changed ownership in May 2006 for $4.5 million. Because the house was built more than 50 years ago, the application will be reviewed by the Westport Historic District Commission. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com

Real Estate Report: Market Could Use Some Warmth

By Judy Szablak

Although home sales are beginning to improve, it’s no secret that Westport’s real estate market could use some warmth and a ray of sunshine right now. However, a few neighborhoods continue to be among the the brightest in town, including the Compo Beach area.

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Featured Home: This home at 244 Compo Road South is listed at $2,825,000. (CLICK TO ENLARGE) Photo courtesy of Higgins Group Real Estate, Westport

Just under 11 percent of Westport’s available inventory is listed for sale in this area, and the average price of these 26 homes is $3,576,612, which is well above town-wide single family statistical averages.

In fact, all data points to about a six and a half month supply, while many areas are still seeing almost a year on average to absorb the properties that are on the market right now.

There are seven homes under some stage of deposit here, with an average price of $3,263,286, including one on Minute Man Hill that is listed at $7,495,000. The 21 homes that sold in the last six months had an average list price of $3,360,048.

WestportNow Teardown of the Day: 4 Loretta Court

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An application for a permit to demolish the house at Westport’s 4 Loretta Court, off Hillspoint Road, is in process. Built in 1960, the two-story contemporary has 1,246 square feet and is situated on a .51-acre property. Because the house was built more than 50 years ago, the application will be reviewed by the Westport Historic District Commission. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com

WestportNow Teardown of the Day: 17 Covlee Drive

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An application for a permit to demolish the house at Westport’s 17 Covlee Drivel, in the Saugatuck Shores area, is in process. Built in 1950, the one-story custom contemporary has 3,450 square feet, is situated on a .81-acre property and changed ownership in July 2014 for $2.6 million. Because the house was built more than 50 years ago, the application will be reviewed by the Westport Historic District Commission. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com

Westport Property Transfers Jan. 19 – 23, 2015

Westport property transfers as reported by the Town Clerk’s office for the period Jan. 19 – 23, 2015:

Margaret Mirabile Schwabe to Ellen-Jo Mendell, 4 Hideaway Lane, $2,775,000WNproperty.jpg

Bradford E. Siff to Ceclilia Zhang Stiber and Alvin Lim, 16 Joann Circle, $996.000

John W. Kennedy Estate to Thomas David and Kristy Ann McCarthy, 23 Oak Ridge Park, 1/2 Interest, $710,000

Sarah Kennedy to Thomas David and Kristy Ann McCarthy, 23 Oak Ridge Park, 1/2 Interest, $710,000