It took a few months, but they've now sold 828 Highview, a favorable, large corner lot with potential views from the second floor of a new home. (Lot size: 8900 sq. ft. and change.)
The price for the lot: $5.400M.
And from there, you have to start spending to create a home to take full advantage.
The sale price here is quite a drop (-15%) from the start price of $6.350M, which everyone was told was "firm." Until it wasn't, apparently.
One of the comps for this lot would be 724 10th, a slightly bigger lot (10,500 sq. ft.) just a couple blocks north. That one had been a frequent traveler on the MLS in 2011-2013, with asking prices from $5.690M down to $4.895M. It finally sold off-market in March this year for $5.630M. (Looks like that 2011 start price…