As we wrote in October 2007:
“57 months (no not days) after first hitting the market for $23,500,000, and nine months after undergoing an $8,000,000 renovation (and subsequently raising its asking price by $2,400,000), the list price on the Captain’s House (300 Sea Cliff) has been reduced by $3,900,000 and it’s now listed for $22,000,000. And yes, we liked the brick better as well.”
As far as we know it never sold, but with new scaffolding wrapping the exterior a couple of weeks ago perhaps it’s preparing a return. Apparently those $8,000,000 renovations just don’t last like they used to.
UPDATE: A plugged-in sleepiguy confirms: “Yes, it’s coming back on the market. The remodel wasn’t quite 8 million. Very, very close, but not quite.”