This hasn't turned out all that well in the past

shore .jpg

New construction on the market today, 307 Shore Road (of, but not in Belle Haven), $8.950 million.The last Shore Road spec builder to dip a toe in the $9 million range, he of 325 Shore, tried $9.5 million in 2016 and got $6.225 in 2017. That’s certainly no disaster, and the land at both 307 and 325 was purchased cheap enough to allow a comfortable profit margin, so I won’t lose sleep over this builder’s prospects.

With a view of the Grass Island Boat Club

With a view of the Grass Island Boat Club