Old Greenwich sale price reported, and the property's history provides an interesting look at price evolution over the past two decades

47 Arcadia Road, listed at $3.850 million, has sold for $4.2. The house was pretty-well rundown when it sold in a bidding war in 2005 for $1,277,042. Those buyers fixed it up, listed it at $2.550 in 2006 but only got $2.150. Put back on the market in 2013 at $2.395, it sold for $2.550, and again in 2019 for $2.720 on a $2.750 ask. So, a fairly gradual price curve for all those years, while the house stayed in essentially the same condition — a kitchen upgrade, new bathroom fixtures — it was in when that 2005-06 renovation was performed; then came the post-COVID market.