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$3.5M in Osterville: Eel River 5-BR with a Private Dock

Where: 140 Garrison Lane, Osterville
Sale Price: $3,500,000
Sale Date: December 19, 2012
Bedrooms/Baths/Sq. Ft.: 5/4.5/3,730
Lot Size: 1.7 acres
The Skinny: This Osterville five bedroom on the Eel River hit the market in May 2011 for $4.6M. "Sea Woods" then took two meetings with the pricechopper over the next year and half, trimming $650K from the original ask. In December, a buyer paid $3.5M for waterviews from most rooms and a private dock, $1.1M less than the sellers were hoping to get last year. Seems like a "bargain" for waterfront in Osterville.
· Listing: 140 Garrison Lane, Osterville [Robert Paul Properties via Zillow]
· Recently sold properties []