21 Cedarwood Drive, which was reported under contract back in August, has closed at $2.4 million. Looks to be a decent, 1961 home, perfectly livable, but it now appears to be for rent, suggesting that the new owner is planning to build new. $2.4’s about what a 2.5 acre lot should go for here, so free house, in other words.
65 Conyers Farm Drive, on the other hand, can report no such success, and has reduced its price today to $3.995 million, down from its 2009 price of $6.9 million, and still below its 2007 purchase price of $5.125. Fifteen acres in the back country just ain’t what it used to be.