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CENTURY 21 Real Estate CEO Mike Miedler discusses the impact of mortgage rates on the housing market and argues that affordability remains the biggest issue.
Mary Tyler Moore’s eight-figure home in Greenwich, Connecticut, is still looking for a buyer.
The asking price for the late actress’s 13,800-square-foot mansion is currently $16.9 million, its listing with Joseph Barbieri of Sotheby’s International Realty showed Friday.
The sprawling Georgian Colonial has had that eight-figure asking price since the summer, when $2 million was knocked off its price, according to Zillow. The real estate site indicated that it also experienced a price reduction in April.
Moore’s husband, Dr. Robert Levine, put the property up for sale in September of last year, originally asking $21.9 million. The Wall Street Journal reported at the time.
WYOMING ‘LITTLE YELLOWSTONE’ RANCH FOR SALE FOR $85 MILLION
The mansion, which underwent a major expansion and remodel under Moore and Levine’s ownership, has five bedrooms and seven full bathrooms inside, according to its listing.
The stone front of the house opens to a living room with Venetian plaster, fireplace and bay window with views of the countryside and a nearby lake. The first floor also has a billiard/library room with built-in bookshelves, beamed ceiling and marble fireplace. A formal dining room also has a fireplace and a bay window.
His master suite spans 2,000 square feet “with double baths, walk-in closets and generous closets,” the listing said.
A large glass conservatory offers plenty of light to those sitting inside thanks to its large windows. That space has dimensions of 23 feet by 23 feet, according to the listing.
Levine described the glass conservatory to The Journal as Moore’s “serenity room” and “special place.”
Moore died in 2017 at age 80 from cardiopulmonary arrest after contracting pneumonia. He had a decades-long battle with diabetes.
The huge grounds of the late actress’ mansion are as grand as its interior, and Barbieri calls them “beautiful.”
REPLICA OF THE WHITE HOUSE IS SOLD FOR 23 MILLION DOLLARS IN CALIFORNIA
There is a 65 foot pool in the backyard.
Even the drive to the house is scenic, “following a meandering stream to Oakley Pond,” according to the listing. The property also borders five acres of conservation land.
The couple reportedly purchased the property in 2006, paying $10 million, according to The Journal.
“It’s Mary’s house, if I’m going to go into my ‘what’s next?’, I decided I have to get away from the house,” Moore’s husband told the outlet last year.
NEW YORK, NY – CIRCA 1984: Mary Tyler Moore and her husband Robert Levine circa 1984 in New York City. (Photo by Images Press/IMAGES/Getty Images) (Press Images/IMAGES/Getty Images/Getty Images)
American actress Mary Tyler Moore speaks with surprise on the phone while simultaneously typing while others work in the background in a scene from ‘The Mary Tyler Moore Show’ (aka ‘Mary Tyler Moore’), Los Angeles, California, early 1990s 70s. Paramo (CBS Photo Archive/Getty Images/Getty Images)
Barbieri told FOX Business that he doesn’t see another price reduction in the property’s future.
“We plan to sell it soon as we have great interest at the current price,” he also stated. “Interest rate cuts will be very welcome in the market.”
A PALATIAL ESTATE IN CALIFORNIA, PROPERTY OF MILLIONAIRES, COMES TO THE MARKET FOR THE FRIEND 108 MUSD
An early December report from Realtors.com forecast that mortgage rates will hit 6.2% by the end of next year. Earlier this week, Freddie Mac set the average 30-year fixed mortgage rate at 6.72% as of Dec. 19, FOX Business reported.
In November, homes in Greenwich had median sales prices of $3.7 million, according to Realtor.com.
