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Pristine lot on Thormanby Island achieves record price

Property had been in the same family since the 1950s
A rare quarter-acre lot on Vaucroft Road, Thormanby Island, sold June 18 for $1.8 million.

DEAL | A rare quarter-acre lot on Thormanby Island with 77 feet of waterfront sold June 18 following multiple offers in a competitive bid process. The sale price of $1.8 million fell short of the $2 million asking price but still set a new record for the area. Owned by the same property since the late 1950s but never developed, save for a sleeping cabin, holding lots of potential for the buyer.

PRICE | $1,800,000

FROM | Frank Ingham, Royal LePage Sussex