Tag Archives: Shorelands

Waterfront sells

23 Eggleston Lane

23 Eggleston Lane

23 Eggleston Lane, a half-acre of waterfront in Shorelands sold yesterday for $4 million, just about its assessed (70% of 2005 market value, Bob) value of $3.7. It’s billed as two lots but you’d be foolish, I think, to do anything with this land except tear down the wreck that stands there now and build (one) nice new house. A word of caution to other waterfront owners, like those on Binney Lane: even direct frontage doesn’t get you a ridiculous price. Tamar Lurie had this listed at $8.5 million in January 2008 and went nowhere except off the scene.

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