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The Bargain Neighborhoods, Wesley Heights, DC, Estate of the Day

Filed under: Estates


NeighborhoodScout.com has used their matching function to find neighborhoods that are "discount equivalents" of some of the hot and pricey communities we recently covered in our Most Expensive Zip Codes estates.

The Neighborhood Scout sees the Wesley Heights area of Washington D.C. as an equivalent to the Lakeshore Drive area of Chicago. In that area of Chicago, the median house value is $1.955 million. Wesley Heights has a median of just $1.63 million. Both areas offer easy access to the heart of a city and are full of lovely traditional homes. Today's home has five bedrooms and a classic style that reminds me a little of the Chicago home we found for the most expensive zip code's feature. It has a graceful staircase, formal dining room, large shuttered windows and a big kitchen with adjoining eating area. The property includes gardens, outdoor entertaining area and a putting green. This home is listed at $2.395 million.

The Bargain Neighborhoods, Madison CT, Estate of the Day

Filed under: Estates


NeighborhoodScout.com has used their matching function to find neighborhoods that are "discount equivalents" of some of the hot and pricey communities we recently covered in our Most Expensive Zip Codes estates.

The Neighborhood Scout deems that the town of Madison, Connecticut is a good equivalent for Malibu, the expensive celebrity-filled beach area north of Los Angeles. Malibu has a median price of $2.93 million but Madison has a far more reasonable median price of $649.344. Madison also has a much longer history than Malibu, it was first settled in 1641. Madison is also a beach community on the Connecticut shoreline. Hammonasset State Park in Madison boasts the state's longest public beach and like Malibu it gets crazy crowded in the summer.

In Malibu, especially in the elite Carbon Beach area where it is rumored that a sale in the $65 million range recently took place, you have to be prepared to pay a lot. Also even some of the most striking homes such as one of my favorite estate of the day properties, special effects master Stan Winston's Malibu home are in tight proximity to one another. In Madison, prices are for more reasonable. Today's home has a great setting on Long Island Sound with a front yard that leads to a double tiered sandy beach. The 5000 square-foot home has been renovated and includes a great room with floor to ceiling stone fireplace, a gourmet eat-in kitchen and six bedrooms total. The master bedroom has a private balcony overlooking the water and a spacious master bath. This home is listed at $4.9 million.


Gallery: Madison CT



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