Only five residences were sold in the Town of Washington with two in the Village of Millbrook in the last 90 days, according to First Key Multiple Listing records as inventory continues to pile up at the luxury end of the market.
Three of the five sold closed below $500,000 while one estate brought over $5 million. Out of 21 active listings only five are below one million dollars with eight above $6 million — the mismatch between buyers and sellers continues to grow in Millbrook.
Migdale, the Tudor estate built by Andrew Carnegie’s daughter, has been seeking bids with the highest current offer of $8 million for the 36,000+ square foot home on 68 acres.
Sold in the last 90 days in Town of Washington and Village of Millbrook:
4244 Route 44: a 3 bedroom/2.5 bath home on 3.93 acres sold for $900,000 on March 11 119 Horseshoe Lane: a 3 bedroom/2 bath home built in 1973 sold for $440,000 on March 21
26 Haight Avenue: a 4 bedroom/2 bath house in the Village of Millbrook sold for $455,000 on March 26
14 Front Street: a 4 bedroom/2 bath home in the Village of Millbrook sold for $435,000 on April 2
539 Killearn Road: a 7 bedroom /6.5 bath home of 13,408 square feet on 68 acres sold for $5,400,000 on May 23.
*Town of Washington and Village of Millbrook residential real estate sales for the last 90 days are closing date sales as presented in First Key Multiple Listing Service and do not include private transactions that are not publicly listed. Note that properties are listed by municipality, not post office. All property sales including private transactions are recorded by Dutchess County but will only be published starting in July. We’ll catch up with these later this summer. Compiled by Christine Bates, Real Estate Salesperson with William Pitt Sotheby’s International Realty, Licensed in CT and NY.
