House 4 sale could end up costing taxpayers $1.2M more than previously reported

House 4, a three-bedroom townhouse at a $2.3 million price tag in the posh, affluent enclave of Mount Pleasant, is up for sale after the owner had hoped to sell it for a whopping $1 million.

House 4, on a corner lot in the affluent Mount Pleasant neighborhood of New York, is one of three properties on the market worth more than $1 billion.

The deal, if it goes through, would make the two-story house worth an estimated $1,300 per square foot, up from the $850 per square-foot it was estimated to sell for last fall.

The house is a prime example of the type of luxury home that is on the rise in New York City, where luxury homes have grown so fast that the median sales price has tripled since 2010.

For more than a decade, House 4 has been an iconic example of luxury housing in the area, a community of mostly affluent professionals and their families in one of New England’s wealthiest enclaves.

It was originally purchased by George S. House, a former chairman of Standard Oil and a longtime local philanthropist who died in 2007.

The home, built in 1899, sits on a 3,600-square-foot lot with a front porch, deck, two large bedrooms and two large bathrooms.

The property is also home to a fitness center and the Mount Pleasant Village Park.

More recently, the property was purchased by the Sotheby’s International Realty group, which also acquired a nearby condo building.