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Interesting. But, there is way more history to that property that would be fun to know. do you plan on researching more and sharing? For example, back in the 60s, it was a vacant ‘haunted house’ that teenagers would visit at night to get the living —- scared out of them.
Labelling this site as “Prime” is generous unless your idea of never being able to turn left to go north on Meridian or east on 71st is ideal on two very busy roads.
I turn left onto Meridian from William’s Creek every day. It’s never a problem.
These are going to be $1M+ homes.
The real estate market in this area has just exploded. Just down the street in William’s Creek, people have been buying old houses for ~$1M, only to tear the house down and build bigger. There are currently no houses for sale in William’s Creek, but the demand for William’s Creek has spilled into surrounding parts of Meridian Hills.
1+
It seems a shame for the current developers to want to build ‘spec’ homes, when each buyer could choose their own architects and home design. If one looks at the larger Meridian Hills area, as well as Williams Creek, most all are custom designed to fit the site and not some contrived developer built idea. Also, if the trees and woods are to be really integrated with, a high end Landscape Architect would be much more beneficial than an arborist.
“Spec home” is a loose term here. Believe me these properties will be custom all throughout. If I’m building a million dollar home it’s going to be different than my neighbors!
Please share much more history on that property. I’ve heard many stories over the years but have always wanted to know the real history.
I agree with previous comments to use a landscape architect and individual builders. Homes in so many planned communities all have a sameness about them. I do hope they will preserve the maximum number of trees to fit in with neighboring properties and communities. The more greenery, the better for the planet and for noise reduction as well as for aesthetics. Otherwise that corner can lower the values of all others nearby.
My fingers are crossed that that corner still retains Mother Nature as it’s most important resident.
Eagle Standard owned all but of the nine parcels bounded by North Meridian Street, 72nd Street, and Meridian Hills Boulevard. The smallest lot is assessed for tax purposes at $81,800 while the largest is assessed at $120,900 (the total combined assessments of all the vacant lots is currently $933,500).
Land prices aside (and not including the expense of costly site preparation), constructing 4,000 square foot “high-end” dwellings at a modest $250 per square foot comes in at $1,000,000 each. I’m guessing the homes will be listed closer to the $2 million price, which covers not only the build costs but also acquisition of the lots, preparation of the site, and developer profits. By way of comparison, the new homes that have been built on the northeast corner of Spring Mill Road and 82nd Street have tax assessments of a million dollars and more despite being on much smaller lots.
Excuse me, but I think real estate articles that use adjectives like ritzy and tony are really cheesy. Velveeta!