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Westport Real Estate Price Changes

Westport real estate price changes over the past week:

124 Riverside Ave Unit# 3     $399,900->$379,900
4 Saint George Place         $535,000->$495,000
7 Carlisle Court               $749,000->$699,000
23 Maplewood Avenue       $729,800->$719,000
6 The Glen                     $850,000->$800,000
6 Todds Way                   $875,000->$825,000
14 Wake Robin Road         $899,000->$849,000
29 Silent Grove               $949,000->$925,000
41 West Parish Road         $948,000->$945,000
105 Easton Road             $979,000->$949,000
12 Harbor Road             $1,149,000->$999,000
5 Marsh Road             $1,100,000->$1,050,000
87 Partrick Road           $1,195,000->$1,145,000
35 Greenlea Lane         $1,325,000->$1,289,000
75 Old Hill Road           $1,325,000->$1,298,000
41 Burr Farms Road       $1,435,000->$1,395,000
93 Easton Road           $1,495,000->$1,395,000
9 Wakenor Road           $1,549,000->$1,499,000
4 Timber Lane             $1,832,500->$1,749,900
104 Easton Road           $1,950,000->$1,750,000
7 Woody Lane             $1,980,000->$1,767,000
17 Edgewater Hillside     $2,085,000->$1,950,000
6 Surf Road                 $2,200,000->$1,950,000
10-12 Wakeman Road     $2,200,000->$1,999,998
32 Edgewater Hillside     $2,349,000->$2,249,000
19 Spriteview Avenue     $2,699,999->$2,549,999
213 Greens Farms Road   $2,799,000->$2,699,000
162 Cross Highway       $2,975,000->$2,795,000
34 Stonybrook Road       $3,845,000->$3,495,000

—Judy Szablak

500 Main St. Complex Construction Begins Next Month

By James Lomuscio

With a recent Planning and Zoning Commission (P&Z) 5 to 2 victory after four years of setbacks and denials, the developer of a 55 age-restricted complex at 500 Main St., site of the former Daybreak Nurseries, said today construction will begin next month.

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The former Daybreak Nurseries property will become residential. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com

“Basically we’re starting to finalize all the plans to get started within the next three to four weeks,” said Peter Greenberg, principal of Norwalk-based Able Construction. “We’re meeting with all the departments to make sure we start off on the right foot.”

He and business partner Johnny Schwartz plan to construct nine condominium units, scaled down from an original proposal for 12, on the 2.2-acre property.

The project includes two duplexes and five single-unit structures set on a cul du sac accessible via Weston Road. Each unit is expected to sell for about $1.2 million.

WestportNow Teardown of the Day: 3 Alpine Lane

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An application for a permit to demolish the house at Westport’s 3 Alpine Lane off Bulkley Avenue North is in process. Built in 1920, the two-story conventional has 2,561-square feet and is situated on a 1.38-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: 40 Highland Road

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An application for a permit to demolish the house at Westport’s 40 Highland Road off Bayberry Lane is in process. Built in 1955, the 1-3/4 story split level has 2,017-square feet, is situated on a 1.47-acre property and changed ownership last month for $530,000. 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

WestportNow Teardown of the Day: 7 Mortar Rock Road

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An application for a permit to demolish the house at Westport’s 7 Mortar Rock Road off Compo Road South is in process. Built in 1966, the one-story raised ranch has 1,528-square feet, is situated on a .51-acre property and changed ownership this month for $685,000. 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

Westport Property Transfers June 4-8, 2018

Westport property transfers as reported by the Town Clerk’s office for the period June 4 - June 8, 2018:

Christopher J. & Elizabeth A. Harris to Saranda Berisa, 120 imperial Ave., $835.000Westport Property Transfers

Patricia Lomartire to Michael William & Jessica Masso Garaffa, 34 Burr School Road, $700,000

Allan A. & Lauren C. Siegert to Vasilios Peter Shakos & Paula Soto, 3 Leslie Lane, $1,080,000

Comings & Goings: Ignazio Pizza to 833 Post Road East

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Ignazio Pizza will open this year at 833 Post Road East in space formerly occupied by Bertucci’s Restaurant, according to Chris Maglione and Mark Holod of John D. Hastings Commercial Real Estate. Brooklyn-based owner Louis Termini also operates Ignazio Pizza, 10 Water St., for over 10 years in the Dumbo section of Brooklyn, where he offers thin-crust pies and appetizers in a simple space under the Brooklyn Bridge. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com

Comings & Goings: 1320 Post Road East Fully Leased

By Dave Matlow

In a sign that Westport retail is still attractive, a new retail complex on Post Road East is fully leased. And its owner says there was much tenant interest with flexibility the key to closing the deals.

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The retail complex at 1320 Post Road East is fully leased. (CLICK TO ENLARGE) Dave Matlow for WestportNow.com

The building is at 1320 Post Road East, across from a Lexus dealership.

According to real estate developer Rob Haroun, the new tenants include a Kohler distributor home fixtures showroom, a hair services salon, and Surface, a stone and countertop showroom. All will open in the fall.

“it was challenging to find tenants even though we had 30 to 40 interested ones who were good, solid prospects,” said Haroun, whose properties include the Old Town Hall at 90 Post Road East.

Real Estate Report: Condo Numbers Jump

By Judy Szablak

Special to WestportNow

Although there are just 17 condominiums available in Westport, more than one-third of the current inventory has come on the market within the past two weeks.

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Featured Home: This home at 124 Harvest Commons is listed at $775,000. (CLICK TO ENLARGE) Photo courtesy of William Pitt Sotheby’s International - Westport.

Four of these new listings were previously rented, and are located at Tidewater Commons on Sylvan Lane. Two others were recently on the market, and re-listed as new.

While the number of available units has increased, they are nowhere near significant, and the condominium market appears to be healthy.

There are currently three homes under some stage of deposit, and 23 units sold in the last year that had an average sale price of $649,530. They also enjoyed a very strong average sales price to list price ratio of 97.4 percent.

Westport Real Estate Price Changes

Westport real estate price changes over the past week:

21 Hale Street               $429,000->$419,000
477 Main Street             $549,000->$524,900
9 Vineyard Lane             $645,000->$599,000
243 Sturges Highway       $689,000->$675,000
5 Renzulli Road             $779,000->$749,000
29 Silent Grove             $949,000->$925,000
8 Iris Lane                   $949,000->$929,000
2 Stony Point Road     $1,250,000->$1,100,000
11 Crawford Road       $1,199,000->$1,149,000
28 High Point Road     $1,198,000->$1,170,000
38 Tamarac Road       $1,375,000->$1,325,000
13 Berndale Drive       $1,393,000->$1,350,000
9 Wakenor Road         $1,549,000->$1,499,000
24 Saint Johns Place     $1,649,000->$1,599,000
7 Woody Lane           $1,980,000->$1,767,000
129 Imperial Avenue     $1,839,000->$1,768,000
17 Edgewater Hillside   $2,150,000->$2,085,000

—Judy Szablak