$10.25M Estate Home for sale In Redding

This post was published 6 years ago. Please, read this page keeping in mind that this home may have sold by now. You can always check current status by calling or texting (530) 356 4500 The Address Realty DRE # 01710206

Local blogger Marc Beauchamp pointed this one out. It’s a beauty.
Located on ironically named Poverty Hollow Road, no less.
And if that name rings no bells for you locals, it’s because this home is in Redding Connecticut.
206 Poverty Hollow
From the Zillow listing: Price $10,250,000.00
Bedrooms: 6
Bathrooms: 7.5
8,522 sq ft
5.51 acres.
Built: 1907
Last Sold: Sep 2004 for $2,900,000
So, it’s gone up a bit in price over the last decade. (253% according to Zillow, chart below)
But then, it went up a similar amount the decade before that. (241%) So there’s precedence.
206 Poverty Hollow chart
Rather breathtaking to imagine if our local real estate prices had seen such appreciation.
Perhaps real estate agents in our sister city of Redding could offer some tips?
Click on either image to go to the full listing on Zillow.
I’ve written about Redding Connecticut real estate before. You can check what’s sold recently at the real estate section of the Daily Voice. Or, at the Redding Pilot.
Hey, imagine Redding with a population about the same as Shasta Lake City has 2 local newspapers.
Again, our sister city may have much to teach us.

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