I was just reviewing the current real estate activity, the Hot Sheet for new listings, pendings, solds etc. , and saw this 1.01 acre of land in St Helena had just closed escrow on July 12th at $1,900,000. Though amazing, this is the second highest price for a one acre home site. The same parcel sold on July 7, 2010 for $2,150,000. That works out to be over $43 per square foot which is more than they pay for most commercial parcels here in the Napa Valley.
Granted, Fir Hill is a special location in St Helena, take a look below at one of the two residences for sale there, it is still a premium price. The other is listed at $5,450,000. Most decent acres in the prime up valley areas, from a few miles south of Yountville to few miles north of St Helena, sale in the range of $750,000 to $1,000,000.
I will look forward to what they build there and when done, will shot a photo and tell you the details. Till then and if you are in the market for land, good luck in finding that perfect piece of dirt to build your future dream home on. And yes I agree, they need a new street sign, or do they???
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