The demolition of Watrous Nursing Home this week will make room for a three-lot subdivision on the 2.96-acre parcel, with lots ranging in price from $775,000 to $795,000. The Planning & Zoning Commission had approved the plans, submitted by Mady Devel III LLC, at their meeting early spring 2023 for the development in a R-3, residential district. Mady Devel III purchased the property from Watrous Realty, LLC in September for $1.15 million. The lots can be purchased, and luxury homes built by Wesbuilt Modular, LLC or any other builder, according to Kacy Caviston, a partner with Mady Devel III and Webuilt Modular. The houses will be priced in the $2 million range, which includes the cost of the land, said Caviston. One lot will come off the market as soon as the property is cleared and ready for construction.
https://www.nhregister.com/shoreline/article/demo-madison-s-watrous-nursing-home-make-way-2-m-18524284.php?src=nhrhpdesecp