Empty lot next to Watermark on Union Ave

[TiltonBB]

Originally Posted by TheVoiceOfReason

It may not be an ideal location from the street side, but it's a nice spot from the lake side, plus close to all major conveniences. With 3,200 sqft of living space (as reported in this forum, I haven't fact-checked) and water frontage on Paugus Bay I bet they have a line around the corner to purchase these units at any list price under $1MM. Being close to retail and restaurants isn't a drawback to some, and many folks who live in Metro Boston would still consider Union Ave rural.

Not even close. I would disagree that is a nice spot.

Every boat trip starts at the bottom of Paugus Bay and requires a trip through the Channel on the way out, and the way back. Not great on a hot and busy day. If the Union Avenue traffic noise does not bother you then maybe all the vehicles leaving T Bones or McDonalds at late hours might. The boat wakes from all the boats starting out and slowing down from Paugus Bay Marina. Lakeport Landing, Spinnaker Cove, and Irwins will make docking and boat damage at the dock an additional issue to worry about.

With the current market in mind, and comparing them to the recently sold condominiums at Christmas Island, they will not sell for anything close to a million dollars.

[joey2665]

Originally Posted by TiltonBB

Not even close. I would disagree that is a nice spot.



Every boat trip starts at the bottom of Paugus Bay and requires a trip through the Channel on the way out, and the way back. Not great on a hot and busy day. If the Union Avenue traffic noise does not bother you then maybe all the vehicles leaving T Bones or McDonalds at late hours might. The boat wakes from all the boats starting out and slowing down from Paugus Bay Marina. Lakeport Landing, Spinnaker Cove, and Irwins will make docking and boat damage at the dock an additional issue to worry about.



With the current market in mind, and comparing them to the recently sold condominiums at Christmas Island, they will not sell for anything close to a million dollars.

Tilton you hit the nail in the head. Great analogy to the new Christmas Island condos that are very nice. If you get 450k for a condo in that spot you would be very lucky.


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