This property offers significant comparative value as a luxury estate with 11,543 sqft, 9 beds, and 12 baths, positioned well above typical local comps in both size and amenities. Its price per sqft ($309) is notably lower than the most relevant comp ($476/sqft), suggesting strong value. However, the market is cooling, with rising inventory and longer median days to close, indicating a longer sales cycle and more buyer leverage[1][2][4].
List slightly below the high end of estimated value ($5.7M), emphasizing unique features in marketing to target luxury buyers. Consider selective upgrades to modernize finishes and boost appeal. Launch during peak seasonal interest, and deploy high-impact digital campaigns. Expect a longer time-to-close (5-12 months) due to market softness; consider pre-inspection and staging to reduce closing timelines.