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This house at 177 Rugby Road in Prospect House South is a beauty (we’re sold on the basis of that staircase alone!) but it’s been on the market longer than just about any house in the borough that we can think of. We featured it has a House of the Day way back in 2006 when it was listed for $2,500,000; after a year off the market, the house just came back on again with an asking price of $1,800,000, but obviously they started too high and didn’t cut fast enough. Now what? Where does it end?
Colonial Revival Home [Mary Kay Gallagher] GMAP P*Shark
House of the Day: Rugby Road Mansion [Brownstoner]



What's Your Take? Leave a Comment

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  1. I like this house (agree that the decorating doesn’t help its sale) but I think the area doesn’t support such a price. In this marketplace, there is plenty to buy and at reduced prices. I think that this is not the greatest area to plunk down major cash, no matter how nice the house.

  2. brooklynista–good to know. But speaks to my point above for sure. It does look like this is a really nice house that is not showing well in these pictures, therefore limiting their market before they ever get in the door.

  3. tybur6, 430.

    kidding aside, this is reason why you would still need to save up a ton even if prices tank. there’ll always be someone(s) with a big war chest triggering bidding wars.

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