5 Sylvan Lane, which started at $6.8 million in February, 2016 and slowly dropped to its present price of $5.195, is reported as under contract. I’m guessing the final price will be closer to $4.8 than the builder might wish, but spec homes are usually optimistically priced when first put up for sale, with plenty of room for “adjustment”, so I’m sure these folks are making out just fine.
And it’s a nice house. Sylvan Lane is a great, quiet street, this property is above the flood zone, and, depending on taste, a perfectly attractive design. Only problem, I’d say, was the price. Now that that’s been resolved, Bob’s your uncle.