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THE STORY OF 53 NEPTUNE LANE

OCTOBER 2020

WATERFRONT WITH DOCK ON PARKER'S RIVER

Do you think about selling your waterfront property, but are not sure if you should? Perhaps you have tried selling unsuccessfully in the past? This was the case for my clients at 53 Neptune Lane on Parker’s River. After several failed attempts at 2 other brokerages, they were skeptical, and somewhat reluctant, as they did not want to be disappointed if yet again their home did not sell.  

To put them at ease, I offered a listing agreement that would expire in 30 days. I assured them that not only would their property sell, but would result in multiple offers. I was confident that my exclusive list of buyers would have several interested parties, in addition to other clients of our firm’s associates. My suggested list price was higher than the bottom line price my clients suggested.

Much to their surprise, we received multiple offers and the property was under contract within 4 days. My clients were to net an extra $100,000 over their bottom line – resulting in the highest sale on Parker’s River in 2020.

Then an unexpected obstacle occurred.

With this newer built home, septic issues were not anticipated. To accommodate the raised septic design, 3 stone retaining walls were previously blended into the system to achieve an aesthetically pleasing appearance to the front yard. But now there was a crushed pipe 6 feet down, located under these retaining walls. And while this was not affecting the function of the system, it would definitely not pass inspection until replaced.

Now what?

The walls prevented equipment access. Estimates to repair ranged from $50K-$100K, with suggested remedies including removing existing trees in the yard, and demolishing the stone retaining walls to reach this one pipe. After consultation with several key contractors with whom we work closely, we resorted to old-fashioned digging. My clients are grateful for the wonderful team that made this happen, as this became a $6,000 solution, whereas it could’ve cost over 10-15 times that.

results:
2020 record high sale on parker's river.

When problems arise during the sale process, it is important to have a brokerage that will be there to troubleshoot and suggest “out of the box” solutions – especially affordable ones. At Property Cape Cod, we care about getting the job done for you, all while making you the most money. 

The current market is the best it has been for sellers, so we invite you to call, text or email us, to discuss the selling potential of your property, whether now, or in the future, or not at all.

Tia Lilly
Broker/Owner
Specializing in Water & Luxury Property
508-280-5728
[email protected]

THE STORY OF 53 NEPTUNE LANE

After not selling previously at 2 other brokerages, we generated multiple offers for this waterfront property resulting in the Highest Sale Price in 2020 on Parker’s River, but then an unexpected, and potentially very expensive, obstacle occurs.

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