19 Deerpark Meadow Road, which sold for $4 million in May, is reselling at $4.5. A great piece of land — 1.75 acres in the one-acre zone — but $4 million, in my opinion, was a high price to pay for a developer, and $4.5 would be worse. However, if someone wants to build a house for himself (or yes, herself), with no need to build in a 33% profit, this isn’t a crazy price.
I do find it amusing that the previous listing claimed that property was “within walking distance of town”. So is Banksville.