A new listing today in Rivergate Estates, a newer gated community on the north side of River Rd east of Craycroft. This one, at 6124 E Owls Nest Pl, listed for $1,200,000 ($295/sf). (by Tierra Antigua Realty)
And while that doesn’t sound too far fetched, consider that the highest sale in Rivergate was for $960,000 in June 06. And the 4 other sales in there were for $840, $820, $800 & $625, and that’s it. No more.
It’s also way high on the $$/sf scale for Rivergate. And all these Rivergate homes were built in 2006 or 2007, so they’re all very comparable.
So is now the time to be the buyer of the highest priced home in Rivergate?