The Board of Selectmen voted at its Dec. 2 meeting to accept a $2.2 million bid for a 5.25-acre parcel on Woodfall Road that the town has tried to sell for several years. The high bidder, Belmont Advisors, is proposing to build four single-family homes on the property at 108 Woodfall Road. Town Administrator David Kale said the criteria used by selectmen to select Belmont Advisors included the purchase price, the fiscal benefit to the town, type of use, wetlands impact, and how the proposal addressed buffer issues with the neighborhood. Kale said the town and the development firm, which has offices at 96 Common St., are working on a purchase and sale agreement. He said he does not know when the process would be completed, but the company hopes to start construction next year. This was the town’s third attempt to sell the property. Last year, a hospice organization expressed interest in acquiring the site for a facility, but a group of neighbors, including Tagg Romney, a son of former Massachusetts governor Mitt Romney, opposed the plan. In response, the town passed a restriction stating that the property could only be used for residential purposes. The site is also surrounded by wetlands that restrict the size of three out of the four potential lots. No one responded the first time the town issued a request for proposals for a residential project last winter; Belmont Advisors was one of two developers that responded to a second request, which had a deadline of Oct. 31. Full story for BostonGlobe.com subscribers.