Look Inside: Price Of Englewood's Gloria Crest Drops From $39M To $9.99M

The price of Englewood's Gloria Crest mansion has been slashed by nearly 75 percent, Zillow shows.

Englewood's Gloria Crest is on the market for $9.99 million.
Photo Credit: *LuxQue (Mike Aghachi)*

04/26/2019 3:21 p.m.

The N. Woodland Street home that dates back to the 1920s was first listed at $39 million in 2013. Now prospective buyers can have the "Englewood White House" for just $9.99 million.

This is the fifth time the price has been dropped on the 24,000-square-foot home, the New York Post reports.

The house was on its way to a foreclosure auction over an unpaid $5 million mortgage in 2017, when owner Edward Turen (CEO of Control Equity Group) took out loans on the mansion for more than it was worth, the article says.

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