Back country trend?

Two new listings today in the back country and it’s impossible to know whether their relatively “low” price tags are due to their owners’ desire to just move on, or a reflection of what’s been happening to back country values. Guess we’ll see.

 

170 Old Mill Road

170 Old Mill Road

170 Old Mill Road is one of those early 2000’s Jordan Saper maxi-pads (13,500 square feet) that have proved so popular (which is why he’s kept building them), and is presented to us today at the price of $6.9 million, a substantial discount from the $8.9 million paid for it new in 2004. Immediately adjacent to the Round Hill fire station, which should keep insurance premiums down, and a stone’s throw from the gas station/general store.

 

15 Mountain Laurel Drive

15 Mountain Laurel Drive

15 Mountain Laurel Drive, $4.5 million and 9,000 sq.ft., , is even farther north, just brushing the Banksville border. It last sold in 2004 for $3.7 million and was renovated-expanded in 2008. It spent much of last year looking for a buyer at $4.595, without success. Look for it to move somewhere closer to that 2004  price, rather than last’s.

Of relevance to absolutely nothing, a client of mine told me that he grew up on Mountain Laurel back when lovable talk show host Jack Paar was a neighbor. On Halloween, Mr. Paar would decorate his grounds and gate with fierce “No Trespassing” signs, and threaten trick-or-treaters with immediate arrest.

Ha.

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7 responses to “Back country trend?

    • AJ

      Joe will be bloviating. And, unless you’re one of the flock, it’s unlikely you want to hear what he has to say.

  1. anonamoo

    Both of those houses suffer from serious Turret Syndrome.

  2. the Jack Paar Halloween technique wouldn’t fly today:

  3. Walt

    Dude –
    The most accurate, honest headline EVER by the NYT”
    “Obama, Outraged Over Beheading, Vows to Stay The Course”.
    http://twitchy.com/2014/08/20/oof-will-nyt-notice-the-unfortunate-phrasing-of-this-headline-screenshot/

    The humorless, libtard retards at the Grey Lady don’t even have the intelligence to figure out that one is GOLD!!
    Your Pal,
    Walt