Land values

5 Orchard Hill Lane (Riversville Road/Mayfair neighborhood) has a contract. It was asking $1.050 and presumably is selling for less. Sold as a building lot in 2005 for $1.980.

And 70 Lower Cross Road, 10 acres of really beautiful land, cut its price today to $1.995 million. The owner, one of Riverside’s few professional football players and by all accounts a very cool, very nice guy, paid $2.725 for the land in 2015 and had an entire house designed before changing his mind. Presumably the plans come with this new price. The parcel backs up to the Babcock Property, so ten acres is really just the beginning. I’d be tempted to pick it up and just build a hunting cabin on it.