Prior sales may not be the way to judge current market value…but when selling a Bank owned – it does make for a good news flash:
Luxury slope side home site location at Loon Mountain ski resort being offered for 35% of its original selling price.!!
This sold in 2006 for $367,000 – Asking today $130,900.
South Peak Resort on Loon Mountain’s last bank owned site.
Corner Lot directly across the street from a ski trail and a few hundred feet from the Pemigewasset River in Lincoln NH.
Featuring: Underground utilities, town water & sewer, walking trails, ski runs and a private home owner’s ski lift…surrounded by Million + dollar homes with several more under construction.
Bank owned seller – Requires pre-approval letter (proof of funds) and stipulates the property may not be resold for 60 days or a large penalty will be enforced upon the – owners wishing to flip the site.
Further disclosure: Building on the site is subject to design covenants and architects approvals, shore land permitting, and town water and sewer tap fees (due only when building permit is sought).
Shot from the Pemi Base Camp and quad-chair lift on the South Mt side of Loon Mountain ski Resort in Lincoln (ski home access to this site).