Washington Stone House Draws 5 Buyers in 6 Days at $350,000
Updated
Updated · Berkshire Eagle · May 24
Washington Stone House Draws 5 Buyers in 6 Days at $350,000
3 articles · Updated · Berkshire Eagle · May 24
$350,000 has brought five potential buyers to Washington's Stone House in its first six days on the market, with three more showings already scheduled.
The roughly 96-acre property pairs a low asking price with rare status on the National Register of Historic Places, but agents say its condition makes valuation difficult.
Built in 1843 from locally quarried granite, the four-bedroom house retains much of its stone detailing, old wallpaper and fireplaces, though it lacks a kitchen and has only one winterized bathroom.
Safety concerns still shape tours: visitors must sign injury waivers, a collapsed greenhouse remains in rubble, and the former barn kitchen is taped off.
Elite Realty estimates restoration could cost about $1 million, and agents say they hope a buyer with preservation experience takes on the railroad-era landmark.
With restoration costs at $1 million, is this $350,000 historic home a bargain or a financial trap?
Why was a historic home valued at $850,000 in March now on sale for just $350,000?
Can a $200,000 tax credit save this landmark if its new owner isn't allowed to live there?