One year ago, we published an article by New Homes contributor Phil Berger about Edgewater homes priced below $400,000. Phil wrote about JP Stellas Properties’ conversion at 1262 W Bryn Mawr Ave, “a top-notch gut rehab of an impressive classic graystone” on the northern edge of the Lakewood Balmoral area.
Only one condo has sold in the year since we published Phil’s column, leaving two “estate-sized units” (JP Stellas’ words) still for sale, including the two-bedroom / two-bath garden unit (PDF) Phil focused on in his piece.
The 1,614 square-foot home is now priced in the $330s, according to the JP Stellas Web site. That’s down about $30,000 from last year. The building’s second-level unit, a three-bedroom / two-bath home (PDF) with 1,849 square feet, is priced in the $540s, just as it was last May.
Features for both units include restored masonry, new drywall and wood and carpet flooring, shaker-style cabinets, granite countertops, GE and Jenn-Air kitchen appliances, limestone bathroom floors, and Porcher, Grohe and Toto fixtures.
One parking space is included with the purchase of the three-bedroom. Parking is “optional” with the garden unit, but the JP Stellas Web site does not specify a cost.