Stately Gold Coast Georgian Waits and Waits For A Buyer

The latest hit on our probe of great homes gathering dust, this 1886 4BR Georgian has sat on the market nearly two years. Saturated with vintage features including three fireplaces and parquet floors, there's modern stuff to be had too, like a wine cellar and a new kitchen. The current asking price is $1.895 M. Curiously, apart from a single price cut a few months ago, the owners have held pretty tight to their initial ask. Is it sentiment or true value?
· Listing: 46 E Elm St. [Koenig & Strey]