Bain Real Estate

Bain Real Estate

Saturday, April 5, 2014

Cornwall Neighborhood Update: Cornwall Hollow

Thank goodness Spring is almost here.  It has been the longest, snowiest, coldest winter of recent memory.  The good news in real estate is that interest rates remain well below  5% and calls to buy are increasing.  We in Cornwall are still a buyer’s market, but the less expensive listings are quickly being sold.  There have been two foreclosures in Cornwall Bridge and both houses are now on the market.

Last year we reported 6 sales in the neighborhood, this year we had 4: 2 homes, 2 lots.

282 Town Street sold for $436,500. I had reported this house for sale in last year’s letter at a list price of $475,000. It combined the charm of an 1800’s farmhouse with the sophistication of 1970 architectural details.  On a level 6 acres with a separate barn/garage/studio, current weekenders moved up to this property from a smaller house.
It offered more bedrooms and proximity to Cream Hill Lake.  Fortunately for me, I represented both buyers and sellers.

110 Cornwall Hollow Road sold for $390,000.  David Bain had this listing known as The Sanctuary at $445,000, also reported in last year’s letter, and sold it to newcomers to Cornwall. An intimate 3 bedroom hideaway with lovely landscaping and protected views, the perfect weekend escape.

A 3 acre lot, adjacent to 43 Town Street sold privately for $92,500 to a neighbor.

94 Town Street, a 62 acre wooded lot assessed at $637,120 was sold to the Cornwall Conservation Trust for $313,333.  The many efforts of the Cornwall Conservation Trust will keep Cornwall green for generations to come.  We wish them success in their efforts to purchase the 300 plus hillside acres at Trinity Conference in West Cornwall.

Currently we have 3 separate lots for sale in your neighborhood.

20 Stone Hill Road is a 14.48 acre building lot with a 300’ long driveway and 690’ of frontage.  It has some slope and a brook plus potential for western views. $225,000.

Further down on Town Street we have a 67 acre lot for $695,000.  It includes a large beaver pond, some additional wetlands, woodlands and marvelous stone outcroppings. Selective tree cutting could open up views and allow for solar siting.

These 2 lots are my listings.

David Bain has a 5.46 acre lot listed on Hall Road for $95,000.  It offers amazing views
on a quiet country road.

Also available in your neighborhood are 3 lovely summer rentals.

47 Scoville Road is a 3 bedroom, 2 bath cottage.
10 and 12 MacCracken Road are both up at Yelping Hill.  #12 is one of the original Ruth Adams designed stone houses with 5 bedrooms and 2.1 baths and #10 is a modest 3 bedroom ranch with 1 bath.  All are available for a season, by the month or week; please call for the rates and availabilities.

We look forward to welcoming your comments, referrals, questions about real estate and visits at our West Cornwall office next door to the Wandering Moose.  We now number 4 agents in Cornwall and Shirley Zimmerman also has a home office in Bantam.


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