11 Highgate Road, in Harbor Point, is 0.67 acres (R-1 zone), with a house on it that “was damaged by Sandy and must be repaired.” It’s probably safe to say that a house flooded almost a year ago and left untouched since is not a prime candidate for restoration, so we can treat this as a land sale. Is $2.225 million too much? Probably, but Harbor Point, with its private beach and small, traffic-free network of roads, is one of Riverside’s prettiest neighborhoods, and someone might bite the bullet and build a stilt house here. However, I think there’s at least one other house in this price range that is on higher ground and a much larger parcel, and I’d want to look at that, too, before deciding.
September 18, 2013 · 4:18 pm