NOT LISTED FOR SALE

1038 Lake Ave Greenwich, CT 06831

Back Country Greenwich Neighborhood

Estimated Value: $5,621,000 - $6,651,000

5 Beds
8 Baths
10,248 Sq Ft
$578/Sq Ft Est. Value

Last Sold January 19, 2023

Last sale price $4,700,000 $459 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $36,328/month

62 Days on Market

About This Home

As of January 2023

Prestigious Lake Avenue Residence in Greenwich, CT. This 5 Bedroom 7.5 Bath Elegant Georgian Stone & Shingle Manor, Tastefully Updated for Todays Living Sits High Behind Stone Walls on a Gated 4.19 Acre Hilltop Estate on Meticulously Landscaped Grounds. Enter the Grand Two Story Foyer to Exquisite High-End Finishes and Detailed Millwork Throughout. A Well Designed Open Floor Plan with Graciously Scaled Rooms Throughout. A Chef's Gourmet Kitchen with Center Island, Professional High-End Appliances, Breakfast Banquette adjoined by a Bonus Office Space and Family Room with Fireplace; plus a Library with Custom Built-ins, Wet bar, Fireplace and French Doors to a Covered Patio. Enjoy the Formal Living and Dining Rooms for Gatherings. The Second Level features an Elaborate Primary Bedroom Suite with Loft and Fireplace Private Sun Deck, Walk-in Closets, Two Spa-like Bathrooms with Walk-in Shower, and Jacuzzi. Three Additional Bedrooms with En-Suite Baths, Plus a Second Level Bonus Room Ideal for Nanny Suite, Gym, Media Room or Playroom. Magnificent Park-like Property that Offers Privacy and Tranquility with a Stone Terraced Pool and Spa, and Sprawling Blue Stone Patios. Three Car Heated Garage and Five Fireplaces Complete this Incredible Home - Ready for the Next Owner to Move Right in and Make it their Own! Brand New Slate Roof Installed in 2019, this Home has been Lovingly Maintained with Many Upgrades Over the Years and will Appeal to Most Discerning Buyers.

Last Agent to Sell the Property

Peter Rosato

Coldwell Banker Realty License #REB.0755017 Listed on: 11/04/2022

Coldwell Banker Realty

Co-Listed By

Denise Rosato

Coldwell Banker Realty License #RES.0750148

Last Buyer's Agent

Peter Rosato

Coldwell Banker Realty License #REB.0755017 Listed on: 11/04/2022

Coldwell Banker Realty

Home Details

Home Type

Single Family

Est. Annual Taxes

$42,482

Year Built

1999

Lot Details

0

Parking

3

Listing Details

  • Prop. Type: Residential
  • Year Built: 1999
  • Property Sub Type: Single Family Residence
  • Lot Size Acres: 4.19
  • Co List Office Mls Id: COBA97
  • Co List Office Phone: 203-622-4000
  • Inclusions: Washer/Dryer, All Kitchen Applncs
  • Architectural Style: Georgian Colonial
  • Garage Yn: Yes
  • Special Features: None

Interior Features

  • Has Basement: Full, Partially Finished
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplaces: 5
  • Fireplace: Yes
  • Interior Amenities: Sep Shower, Eat-in Kitchen, Kitchen Island, Back Stairs, Cat 5/6 Wiring, Central Vacuum
  • Other Room LevelFP:_three_rd50: 1
  • Other Room Comments:Office Space: Yes
  • Other Room Comments:Playroom: Yes
  • Other Room LevelFP 2:LL50: 1
  • Basement Type:Full: Yes
  • Other Room Comments:See Remarks5: Yes
  • Basement Type:Partially Finished: Yes
  • Other Room Comments:Mudroom: Yes
  • Other Room Comments:Au Pair Room: Yes
  • Other Room LevelFP 2:FP16: 1
  • Other Room Comments 2:Billiard Room2: Yes

Exterior Features

  • Roof: Slate
  • Lot Features: Parklike
  • Pool Private: Yes
  • Construction Type: Shingle Siding, Stone
  • Exterior Features: Balcony
  • Patio And Porch Features: Terrace

Garage/Parking

  • Garage Spaces: 3.0
  • General Property Info:Garage Desc: Attached

Utilities

  • Water Source: Well
  • Cooling: Central A/C
  • Laundry Features: Laundry Room
  • Security: Security System
  • Cooling Y N: Yes
  • Heating: Hydro-Air, Propane
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities: Propane

Schools

  • Elementary School: Parkway
  • Middle Or Junior School: Western

Lot Info

  • Zoning: RA-4
  • Lot Size Sq Ft: 182516.4
  • Parcel #: 10-2014
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Annual Amount: 39801.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 4, 2022
Closed on
Jan 12, 2023
Sold by
Rieler Carrie O
Bought by
Mbd Realty Llc
Seller's Agent
Peter Rosato
Coldwell Banker Realty
Buyer's Agent
Peter Rosato
Coldwell Banker Realty
List Price
$4,995,000
Sold Price
$4,700,000
Premium/Discount to List
-$295,000
-5.91%
Views
261
Current Estimated Value
$5,925,418

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,225,418
Avg. Annual Appreciation
10.58%

Purchase Details

Closed on
Jun 25, 2021
Sold by
Chene Vert Llc
Bought by
Otto-Risler Carrie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
2.38%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Mar 6, 2013
Closed on
Dec 5, 2013
Sold by
Pinpat Acquisition Cor
Bought by
Chene Vert Llc
Seller's Agent
Lyn Stevens
Sotheby's International Realty
Buyer's Agent
Carol Clarke Gilbride
Sotheby's International Realty
List Price
$4,750,000
Sold Price
$4,025,000
Premium/Discount to List
-$725,000
-15.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.57%
Original Mortgage
$2,817,500
Interest Rate
4.17%

Purchase Details

Closed on
Dec 18, 2012
Sold by
Braverman Steven P
Bought by
Pinpat Acquisition Cor

Purchase Details

Closed on
Feb 18, 2000
Sold by
Backcountry Ventures
Bought by
Braverman Steven P

Purchase Details

Closed on
Jul 16, 1998
Sold by
Denton Robert
Bought by
Backcountry Ventures
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mbd Realty Llc $4,700,000 None Available
Mbd Realty Llc $4,700,000 None Available
Otto-Risler Carrie -- None Available
Otto-Risler Carrie -- None Available
Chene Vert Llc $4,020,000 --
Pinpat Acquisition Cor -- --
Braverman Steven P $4,400,000 --
Backcountry Ventures $855,000 --
Chene Vert Llc $4,020,000 --
Pinpat Acquisition Cor -- --
Braverman Steven P $4,400,000 --
Backcountry Ventures $855,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Otto-Risler Carrie $2,000,000
Previous Owner Backcountry Ventures $2,817,500
Previous Owner Backcountry Ventures $2,817,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2023 01/19/23 Sold $4,700,000 -5.9% $459 / Sq Ft
01/06/2023 01/06/23 Pending -- -- --
11/04/2022 11/04/22 For Sale $4,995,000 +24.1% $487 / Sq Ft
12/05/2013 12/05/13 Sold $4,025,000 -15.3% $417 / Sq Ft
11/21/2013 11/21/13 Pending -- -- --
03/06/2013 03/06/13 For Sale $4,750,000 -- $492 / Sq Ft
Source: Greenwich Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $42,482 $3,528,420 $553,840 $2,974,580
2024 $41,318 $3,528,420 $553,840 $2,974,580
2023 $40,189 $3,528,420 $553,840 $2,974,580
2022 $39,801 $3,528,420 $553,840 $2,974,580
2021 $40,565 $3,500,000 $551,600 $2,948,400
2020 $40,565 $3,500,000 $551,600 $2,948,400
2019 $40,880 $3,500,000 $551,600 $2,948,400
2018 $41,545 $3,500,000 $551,600 $2,948,400
2017 $39,795 $3,500,000 $551,600 $2,948,400
2016 $39,200 $3,500,000 $551,600 $2,948,400
2015 $31,753 $2,817,500 $1,102,530 $1,714,970
2014 $46,779 $4,264,260 $1,258,390 $3,005,870
Source: Public Records

Agents Affiliated with this Home

  • Peter Rosato

    Seller's Agent in 2023

    Peter Rosato

    Coldwell Banker Realty

    (203) 324-5300

    3 in this area

    168 Total Sales

    Peter Rosato
    Section Image
  • Denise Rosato

    Seller Co-Listing Agent in 2023

    Denise Rosato

    Coldwell Banker Realty

    (203) 829-7441

    2 in this area

    111 Total Sales

    Denise Rosato
    Section Image

  • L

    Seller's Agent in 2013

    Lyn Stevens

    Sotheby's International Realty

  • Carol Clarke Gilbride

    Buyer's Agent in 2013

    Carol Clarke Gilbride

    Sotheby's International Realty

    (203) 249-5938

    3 in this area

    23 Total Sales

    Carol Clarke Gilbride
    Section Image
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Map

Source: Greenwich Association of REALTORS®

MLS Number: 117123

Greenwich Association of REALTORS®

APN: GREE-000010-000000-002014

Connecticut Fairfield County Greenwich 06831 Back Country Greenwich

1038 Lake Ave, Greenwich, CT

This home is located at 1038 Lake Ave, Greenwich, CT 06831 since 04 November 2022 and is currently estimated at $5,925,418, approximately $578 per square foot. This property was built in 1999. 1038 Lake Ave is a home located in Fairfield County with nearby schools including Parkway School, Western Middle School, and Greenwich High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Greenwich Association of REALTORS® Listing data courtesy of Greenwich MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to
identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.

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