Town Center Property Sold to Townhome Developer

The 0.19 acre property at 23003 58th Ave W was recently sold to Landsverk Quality Homes, a custom home builder who have recently been focusing on building single family townhome developments. The property is one of two neighboring single family lots that had been marketed together by Century 21 for the past year. The other lot is still listed on the Century 21 web site.

Landsverk Quality Homes is the same developer behind the Brook Glenn development off Cedar Way, the Hall Lake Townhome development near 60th/212th as well as the 234th Street Towhomes in the Town Center.

The original asking price for the property back in May 2014 was $450,000 or $2.5 million/ per acre. Since then the price has been reduced several times and according to the MLS it was sold for $193,000 or just over $1.0 million per acre.