In 1993 a group of business like peope paid $17,000 per acre. The building boom is over for at least three years. Charter Homes discounted two spec homes for $100k each in East Hempfield. The market is soft and inventory is 6 months and growing.

Which may be perfect timing, it will take them 3 years to have houses on this ready for residents. Buy in a slow market and sell when things are moving faster.
If they had sold this farm 2 years ago I'm sure it would have brought even more.

A perfect spot for 10 (or more) units per acre.

Hopefully you are right. Anything over a quarter acre per family is a waste of land and natural resources and a drain on the environment. Now if we could just learn to concentrate our residential and commercial areas to make public transit more feasible we could really have some environmental improvements.

I live in a northern Virginia county, one of the richest per capita in the country. Not that long ago, it was nearly all agriculture. Now, not a single operating farm left. Surely, the same fate is coming to Lancaster Co.
Nice homes here, nice schools, mind you, but nearly impossible to find anyone to do the physical work we have to have. The roads here are as bad, if not worse than in Pa. and getting anything done by the State government..."read my lips, no new taxes." Nearly all physical labor is done by people, almost certainly not here legally.
Lancaster County is fortunate to have the Amish farm force willing and apparently still able to keep "some" of the farms operating, but for how long. People in our area with money are moving up to the Pa. border counties, paying real estate prices that seem cheap to them but outlandish to Lancaster people. And, when we get older, where do we go to retire. Probably Willow Valley, Garden Spot, or any of all the former farms lands going for...did I read that right...$102,500 an acre!
Surely the problems lie with that dastardly liberal, mainstream media. Where's my remote? Can't miss something that media shouldn't be airing!