The Patience of Joe
/Sotheby’s Joe Barbieri’s client purchased 555 Riversville Road for $16.125 million in January, 2006. The buyer subdivided its 31.6 acres into four lots: 7.9 acres; 8.71; 5.7; and 9.44, and put all four back on the market in November 2013 at $17.9 million for the full 31.6 acres, and finally withdrew it in 2016 after no buyer had appeared, even though its price had dropped to $12.995. The land surfaced again in August 2023 at $13.995 and stubbornly stayed at that price until today, when it’s finally been reported as pending.
Nice land, great views.