On the market for $19.675 million back 2016, having avoided being foreclosed upon by way of a Bankruptcy filing, the seven-bedroom home at 224 Sea Cliff Avenue appeared to have quietly sold for $18.8 million at the end of 2017. But alas, the sale never actually occurred and was subsequently scrubbed from Zillow.
Having returned to the market with a $15.0 million price tag this past October, a price which was then reduced to $13.7 million at the end of last year, the property was briefly listed as having been “in contract” prior to being withdrawn from the MLS in May. But the property hasn’t traded hands.
And as noted by a plugged-in reader, 224 Sea Cliff Avenue, which was purchased by the infamous Luke Brugnara for $7 million in 2002, subsequently leveraged, and features a private walkway down to a secluded beach cove below, is slated to hit the courthouse steps anew this afternoon.
We’ll keep you posted and plugged-in.
UPDATE: A creditor has foreclosed but it doesn’t appear to have been the first, or even second, mortgage holder.