AUCTION - 160 John Street - Backcountry Greenwich October 15 - Opening Bid $1M - A bit of a gimmick


It will most likely take $17,000,000 to get the prize...


160 John St
The list price prior to the auction listing, was with David Ogilvy for $28,500,000 for the entire property...the current owner has packaged and re-packaged this property in various ways...after buying it for $16,199,820 in 2000.



EQUESTRIAN DREAM

A CASTLE FOR YOUR EQUINE FRIENDS

Catherine C Lawson - TREGARGUS HOLDINGS LTD transferred the following at the beginning of the year to the current "owner" 160 Owner LLC....

160 John Street Lot 1 — 160 John Street, LLC to 160 Owner, LLC, $13,625,365.89 warranty deed.
160 John Street Lot 2 — 160 John Street, LLC to 160 Owner, LLC, $1,107,780.51 warranty deed.
160 John Street Lot 3 — 160 John Street, LLC to 160 Owner, LLC, $774,040.35 warranty deed.
160 John Street Lot 4 — 160 John Street, LLC to 160 Owner, LLC, $788,219.91 warranty deed.
160 John Street Lot 5 — 160 John Street, LLC to 160 Owner, LLC, $767,846.39 warranty deed.

*TOTAL - $17,063,254.10

Prior to these "transfers",  the listing history was:

2009 - $39,500,000 - reduced $32,500,500

Re-listed in 2010 $41,000,000

Re-listed 2011 $45,000,000

2011 - Lot #1 - this included the home - $29,000,000

2011 - Lots 2,3,4 and 5 - $16,000,000

2011 - $39,600,000

2012 - Lots 1,3,4 + 5 - $16,000,000

2012 - Lots 2,3,4 + 5 - $12,000,000

2012 - Lot #1 - $26,000,000

2012 - Lots 1,3,4 + 5 - $16,000,000

2012 - Lot 1 - $26,000,000

GOOD LUCK!


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