These undeveloped lots are located in the heart of the historic Lower Argyle Avenue neighborhood. Three lots were purchased outright and one lot was acquired through an exchange for the historic Roark House and $55,000 (the difference between the appraised values of the Roark House and the one lot). These properties were acquired to protect the historic integrity of the oldest residential neighborhood in the Town of Friday Harbor. The lots will be included in the Land Bank Conservation Buyer Program, encumbered with historic preservation and conservation easements to restrict future uses and development that could compromise the historic and cultural integrity of the neighborhood and resold.
Land Bank Purchase Price: Historic Roark House exchange & the receipt of $55,000 for 1 lot (2002) and $ 550,000 for 3 lots (2003)