Shorelands sale price reported

9 Fairgreen Lane, Old Greenwich, a building lot, was listed at $1.349 million, and went to highest and best offer immediately. It just closed at $1.450. No surprise here, because you can build a very nice house on the land, either as an end-user or spec builder, and come out well. Maybe $3 million all-in for a relatively-modest, but still good quality, or that’s a number I was given by a top-notch builder when I was investigating the property for a client.