The Greenwich estate, located in Riverside, is from the "Waterfront Homes" category, a "sprawling Craftsman-Style" house on Pilot Rock Lane, also listed by John Bates of Houlihan Lawrence.

This "lavish direct waterfront home" measure 7,247 square feet and features gorgeous views of Long Island Sound. It also offers "5 en suite bedrooms with vaulted ceilings," and comes with its own four-hole putting green and billiards room. It is on the market for $12,450,000.

The public can vote on the HGTV website for their favorite home, and voters have a chance to win $10,000. go to the website link below to vote.

http://www.hgtv.com/design/ultimate-house-hunt/2017-ultimate-house-hunt/waterfront-homes

"The contest highlights exceptional homes from across the globe in eight categories, including two new categories this year, Kitchen & Dining and Modern Masterpieces," wrote an HGTV spokesperson in a statement. "Other categories are Curb Appeal, Outdoor Retreats, Living Large in Small Spaces, Great Estates, Waterfront Homes, and International Homes. All featured homes are represented by members of Leading Real Estate Companies of the World® and Luxury Portfolio International®. Consumers can choose their favorite, and a winner is chosen at the end, including the highly coveted overall fan favorite award."

10 Pilot Rock Lane Riverside CT 06878 Is For Sale.

Traditionally, spring is the busiest season for real estate. Buyers come out in force and homeowners list their houses for sale hoping to capitalize on buyer activity. This year will be no different!

Buyers have already been out in force looking for their dream homes and more are on their way, but the challenge is that the inventory of homes for sale has not kept up with demand, which has lead to A LOT of competition for the homes that are available.

A recent Bloomberg article touched on the current market conditions:

“It’s the 2017 U.S. spring home-selling season, and listings are scarcer than they’ve ever been. Bidding wars common in perennially hot markets like the San Francisco Bay area, Denver and Boston are now also prevalent in the once slow-and-steady heartland, sending prices higher and sparking desperation among buyers across the country.”

Sam Khater, Deputy Chief Economist at CoreLogic went on to explain why buyers are flocking to the market in big numbers:

“In today’s market, many buyers think the trough in [interest] rates is over. If you don’t get in now, it’s just going to be worse later. Rates will be higher, prices will be higher, and maybe inventory selection will be lower.”

In some markets, “thirty-five percent of properties are selling within the first week or two of hitting the market.” Homes are selling at a rapid clip in places like:

Denver, CO
Seattle, WA
Oakland, CA
Grand Rapids, MI
Boise, ID
Madison, WI
Omaha, NE

Bottom Line

Let’s get together to discuss your exact market conditions and help you create a strategy to secure your new home in this competitive atmosphere!

HGTV Features 10 Pilot Rock Lane In A Contest To Win $$$$

Bidding Wars Are Back

Bottom Line

Your new home awaits.