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In Contract

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The builder's acre next door to Martha Stewart's Lily Pond Lane estate has entered into contract. The property, which contains a charming carriage house, was first priced at a staggering $7.5 million. But after a couple visits to the PriceChopper, it eventually settled on $4.995 million. A total steal! And people took notice. The property found its current contract only a month after its most subsequent chop. Wonder what Martha will think of her new neighbors? [Prudential]