Thursday, February 25, 2010

"Keepers" Price Reduced Nearly $1M - Now Asking $9,950,000

"KEEPERS"
1000 Ivy Creek Drive
Asking: $10,825,000  $9,950,000
MLS #463641

It's not a 52% price reduction a la Patricia Kluge's Albemarle House--it's not even 10%.  This contemporary house, ironically called "Keepers," is said to be owned by local hero Dave Matthews. 

The 3 bedroom, 3 bath 4,300 sq ft  on 64 acres near Farmington joins hundreds of properties in the Charlottesville Albemarle area that have recently received price reductions (select "price reduced" when you click here.)

Price reduced: $875k or 8.1%
Owned by:  An LLC called Two Stumbling Brandos
Distinction: Near Farmington.  Private Stupa.

The asking price remains,  according to some minds, optimistic: the selling price may be no more than the $6 Million 2004 purchase price.  Asking price and actual selling price remain disconnected in this area, however, at all price points.

Above image copyright CAAR.
Below, via Trulia (click for larger images in new windows)

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