Someone recently paid just over $730k for a home on a large lot in a snazzy neighborhood and they plan to tear it down so that they can build a 16,489 square foot home.
This isn't the first big tear down project in the area lately and another monster of a home is being built just a few blocks west of this home.
Yeah, we are seeing a bunch of money entering some of these areas with large lots.
You know what they say about land... "They aren't making any more." Good to see that people with deep pockets have been buying real estate again. :)