Despite ongoing problems further down the real estate tree, this month seems the month of the record sale price in the upper end of the market. Following on from the sale of the most expensive apartment in Asia (still no confirmation on which of the several price tags is correct), now a York luxury home sells for the record price of $4.8 million.
According to Seacoastonline, “William’s Watch,” a nine-bedroom, 6,700-plus square-foot home tucked along the York Harbor cliffs, sold on Sept. 10 for $4.8 million.
The 1914 home is the most expensive property sold in Maine in 2009 as of Sept. 10; the sale is also the most expensive ever recorded in York, inclusive of the town’s village, harbor, beach and Cape Neddick sections, according to Maine’s Multiple Listing Service. The MLS provides real-estate information about sale properties.
A week after the “William’s Watch” sale, “Cragmere,” an 1895, five-bedroom, 5,100-square-foot, shingle-style cottage in Cape Neddick, sold for $2.95 million, according to information about both properties from Anne Erwin Sotheby’s International Realty of York. seacoastonline
Which is certainly a feather in Anne Erwin’s cap after a slow beginning to the year. It is probably a little too soon to call an end to the downturn, with substantial quantities of luxury home foreclosures in the pipeline, but – this is the demarcation line between luxury homes and luxury homes.
