Hmmm — there's potential here, maybe

fox run.jpg

I usually pay just glancing notice to new listings on the MLS feed because as a general rule they’re going to be overpriced, and will need some mellowing before they’re worth paying attention to. But “new” listings that are returning at a lower price than they wore during their initial run are more interesting. 8-14 Fox Run Lane, for instance, is back today, priced at $3.995 million, which is a real improvement over its 2017 price of $5.995.

That might still be too high, but the property is 7.92 acres and possibly sub-dividable, because the land is comprised of two separate lots of 5.92 and 2 acres, respectively (you never want to assume that a property can be subdivided merely because there are two separate parcels; zoning regs, set-back requirements, perhaps the desirability of reconfiguring the total acreage, are just some of the considerations, and you’ll want to consult with a surveyor and, probably, a land-use lawyer before parting with any real money).

The house itself is probably not worth saving, because it would take millions to renovate and you’d still end up with a style of house that’s as popular these days as brown furniture, which is to say not popular at all. Wasted effort.

But two building lots off Zaccheus Mead at, let’s say, $1.5 each might be a deal; you could even build new on one lot and keep the second as a land bank, so to speak.