Land sale pending on Ridgeview

71 Ridgeview Avenue, 2-acres in the 1-acre zone,12,000 sq..ft. FAR, $2.950 million. It sold as land in June, 2019 for $1.900. These sellers may have razed the exiting house — I don’t know, and they’ve drawn up plans and obtained approvals, etc.*, but that’s still a nice mark-up for a 2-year period of ownership.

*It’s been my experience that buyers usually want to design their own house, and so are unwilling to pay anything for the seller’s plan, but that’s not always the case.