Developers of the Shadow Lawn Estates are preparing to build a wall around the 8.5-acre property at the corner of Poly Drive and Virginia Lane and are seeking four more buyers.
Broker Charlie Hamwey, who is marketing the property, said two of the half-acre lots are listed at $375,000, one for $350,000 and another for $300,000.
Four lots have already been sold. Hamwey said they were “in the range” of the other lots but declined to share prices.
“It’s been positive. We’re ready to put the wall up and get all the improvements up,” including pouring asphalt for private roads, Hamwey said.
A ninth lot on O’Malley Drive on the back of the development will come before the Billings City Council April 28. Hamway said he hopes to sell all the lots by the end of the year.
The development is on the site of the historic Shadow Lawn home, owned by the Lee family of Billings for three generations. The property included a Tudor-style home, an expansive lawn buffering Poly Drive, a smaller house and a garage.
In 2009, following the death of family patriarch Don Lee Sr., developer Aaron Sparboe bought Shadow Lawn for $2.5 million and later announced he would build a subdivision. He tore down the mansion and other structures on the property in April 2013.
At that time, family members had said they weren't given enough time to gather heirlooms and personal items from the home before it was demolished.
Sparboe did not return messages for comment. His home is right next to the development on Poly Drive, and he has previously said he wants it to be a “showcase” subdivision.
A previous attempt by Montana State University Billings to buy the property in 2004 for student housing had been thwarted by protests from neighbors, including Sparboe.
On Friday, contractors were clearing branches and other debris from the site with heavy equipment. They’re planting new trees on the lots and removed protective plastic sheets after the cold snap in March.
City officials said they have long planned to build new sidewalks in the area to improve pedestrian access. They said they hope Shadow Lawn Estates will fit in with the character of the neighborhood, which is mostly large homes with large yards.
“I think it’s going to be pretty high-end when it’s all put together and they’re done,” Billings City Planning Division Manager Wyeth Friday said.