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Westport Property Transfers Nov. 11 – 15, 2013

Westport property transfers as reported by the Town Clerk’s office for the period Nov. 11 - 15, 2013:

Bluewater Yankee Hill LLC to Robert C. and Veronica Ann Green, 15 Yankee Hill Road, $5,625,000WNproperty.jpg

Cameron F. and Nancy Weaver Stewart to Caccamo Lane LLC, 3 Caccamo Lane, $1,705,000

SIR-3 Sharp Turn LLC to Catherine and Ira Galin, 3 Sharp Turn Road, $1,725,000

Kurt H. and Karen N. Kruger to 11 Owenoke Park LLC, 11 Owenoke Park, $3,175,000

Real Estate Report: Paying Up for 6-Plus Bedrooms

By Judy Szablak

Westporters still like big homes and are willing to pay up for homes with six bedrooms or more.

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This home on 2 Woodhill Road is listed at $2,499,000. (CLICK TO ENLARGE) Photo courtesy of Coldwell Banker Westport-Riverside

Compared to this time last year, homes with six bedrooms or more have experienced a significant jump in pricing and an increase in unit sales of 19 percent. And the price gap between five-bedroom homes and six-plus-bedroom homes is also significant.

There are currently 78 five-bedroom homes on the market with an average asking price of $2,154,809.  And there are 73 six-or-more bedroom homes with more than 5,000 square feet that are listed at an average price of $3,737,119.

According to sales compiled from the Multiple Listing Service, in the last year, the average sales price of a five-bedroom home between 3,000- 4,999 square feet was $1,527,059.  A six-bedroom home with more than 5,000 square feet of living area came in almost double that of $2,980,977.

Comings & Goings: Granola Bar Readies Opening

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Workers add final touches in preparation for this week’s opening of the Granola Bar at Westport’s Playhouse Square The Granola Bar, a pure food and coffee cafe, will occupy the 2,000-square foot space formerly occupied by Silver Ribbon Jewelers, according to owners Julie Gaines and Dana Noorily. The Westport residents produce Oats Granola, which is sold in more than 80 stores, including Whole Foods markets. The entrepreneurs also launched a food truck in November to sell bakery products at soccer fields and other events. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com

Comings & Goings: Bassett Furniture to Open Dec. 10

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Bassett Furniture, the home furnishings store, will open at 1100 Post Road East on Dec. 10, according to a worker on site (see WestportNow Sept. 12, 2013). Located in the L-shaped strip mall anchored by Barnes & Noble, Bassett, founded in 1902 in Bassett, Va., has approximately 100 locations in the United States, Puerto Rico and Canada. Bassett expanded the space formerly occupied by Pompanoosuc Mills for 10 years before relocating to a smaller space at 222 Post Road West. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com

Comings & Goings: Geiger’s to Sconset Square

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Geiger Landscape Design will open at 10 Sconset Square, off Myrtle Avenue, this month, according to a worker on site. An employee at Geiger Garden Center’s primary location, 1135 Post Road East, said the new offices are an expansion of its landscape architectural design business. An application is in process to demolish the two buildings, which comprise the Post Road East location (see WestportNow Oct. 31, 2013). (CLICK TO ENLARGE) Dave Matlow for WestportNow.com

Save the Children Closes on $11.9M Sale of Westport HQ

UPDATE Three months after announcing a contract had been signed, Westport-based Save the Children said Tuesday it has closed on the sale of its building at 54 Wilton Road to developer Westport David Waldman and partners.

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Save the Children said 290 employees will relocate to a nearby facility. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com

No price was cited in the announcement, but a filing Wednesday morning in the Town Clerk’s office showed the price was $11,925,000 for the 58,771-square foot office building on 2.59 acres on the Saugatuck River.

The filing also showed that Waldman’s partners are Greenfield Partners, which owns the adjacent National Hall property. The town reaped $29,812.50 in conveyance taxes.

“We plan to relocate our headquarters next spring to a nearby property that will be suitable for our growing operations,” said Save the Children spokesman Jeremy Soulliere, who identified the buyer by its official name, STC Green LLC.

WestportNow Teardown of the Day: 11 Caccamo Lane

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An application for a permit to demolish the house at Westport’s 11 Caccamo Lane, near Gorham Avenue, is in process. Built in 1965, the one-story raised ranch has 2,351 square feet, is situated on a .54-acre property and changed ownership last month for $1 million. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com

Westport Property Transfers Nov. 4 – 8, 2013

Westport property transfers as reported by the Town Clerk’s office for the period Nov. 4 - 8, 2013:

ECP Westport LLC to Greens Farms Centre Associates, 1835 Post Road East, $3,475,000WNproperty.jpg

Stuart D. Farnworth to Anthony H. and Jessica Hill, 5 Spicer Road, $999,000

Dorothy Schaeffer to Robert J. Parisi, 18 Center St., $605,000

Sumner Jules Glimcher Trust to Ronald S. Friedson, 10 Crescent Park Road, $290,000

WestportNow Teardown of the Day: 45 Owenoke Park

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An application for a permit to demolish the house at Westport’s 45 Owenoke Park in the Compo Beach area is in process. Built in 1920, the two-story colonial has 3,161 square feet, is situated on a .71-acre waterfront property and changed ownership last month for $5,455,000.  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