Smoking dope in horse country?
/14 Conyers Farm Drive is new today, asking $7.5 million. Fifteen acres of undeveloped land, it sold for $6,077,500 in 2009, $12,000,000 (!) in 2000, and $2,000,000 in 1995.
Given the trending down of Conyers Farm values over the past decade, I think the area is drawing closer to 1995 pricing than 2000's.
Still, an idyllic spot, and if another Cliff Asness comes along with huge, deep pockets and an itch to build, maybe this price will work. If I were the listing agent, my friend Joe Barbieri, I'd add a video to the presentation package, such as this: