After several years of development and a major reduction of proposed houses with a significant reconfiguration of the site plan, the owners of the Hidden Oaks property of over 500 acres just east of Sleepy Hollow and south of Carbon Canyon Road have recently put the tract up for sale.
The listing is with J.R. Shah of Century 21 Discovery and there isn't much said about it, other than "Vacant Land - This is one of the few land parcels left allowing to develop into various opportunities. One of a kind." Presumably, after working with local officials and agencies and having the number of units greatly lowered, the owners decided it was not worth pursuing any longer.
The asking price is $66,250,000 and the link, while offering little more than the basic quote above, to the listing page can be found here. Whether anyone else will pay anywhere near that figure and seek development, given the dramatic downturn in the economy during these uncertain times of COVID-19 and what will follow obviously will be interesting to see.
No comments:
Post a Comment